Commercial Loans

Business Program

Loan Calculator

Loan amount:

(Use "." for Decimals)
Duration:
years
Interest rate:
%
Monthly repayments:
USD
Total to be re-paid:
USD

FDDC commercial loans are offered to members of the four Maine Tribes with a vested interest of 51% or more in a business.  These loans are fixed rate, low interest loans.

The Commercial Lending Program at FDDC has been designed to meet the growing needs of tribal business owners. This program, like the business counseling program, has grown and adapted to meet the specific needs of tribal business owners.  We offer the following loan products in our commercial lending program:

Basic terms are as follows (Products, rates and terms subject to change):

 

Min.

Max.

Term

Micro Loans

$1,000

$5,000

Up to 36 mo.

Enterprise Loans

$5,000

$100,000

Up to 360 mo.

Commercial Real Estate

$5,000

$100,000

Up to 360 mo.

Tribal Business Dev.

$5,000

$250,000

Up to 360 mo.

FDDC business loans are fixed rate loans only and are available for eligible borrowers at three levels; Tribes, small business, and micro-business. Products, rates and terms subject to change. Special conditions are applicable to each type of loan.