The Town of Skowhegan, and the Skowhegan Economic Development Corporation (SEDC), offers business loans up to $100,000. These loans are available to all Skowhegan Businesses.
Uses of Revolving Loan Fund (RLF) financing will include but not be limited to the utilization of existing vacant buildings, the expansion or modernization of plant and equipment, and start-up capital for new firms. RLF monies can be used to finance either fixed assets, inventories or other working capital.
Quick Check is the RLF Loan Program for you.
- Your business is located in Skowhegan
- You plan on moving your business to Skowhegan
- You need up to $100,000 in a business loan to help your business to grow.