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ME

Last updated: July 11, 2025

Maine Business Funding Guide

Maine holds a middle-of-the-road position in 2025 for business loan access, with strong SBA activity centered in Portland and Bangor. The seafood and small manufacturing sectors drive demand for funding, with average loans around $570,000. While urban businesses benefit from proximity to SBA-certified lenders, rural and coastal entrepreneurs may face more limited options, making early-stage planning essential to get a business loan successfully in Maine.

1,372,247

Population

570000

Avg. Funding Amount

Seafood

Business Climate

3

Major Cities

Major Business Centers

Portland
Bangor
Lewiston

Top Business Funding Topics for Maine

Essential reading for Maine entrepreneurs seeking business funding

Merchant Cash Advance
#1
Everything you need to know about merchant cash advances, including how they work, costs, benefits, and alternatives - Specifically tailored for Maine businesses and market conditions.
12 min read
Read Guide