Micro Loan Program


  • Business must be located in Androscoggin, Franklin or Oxford Counties
  • Average annual sales for preceding three years must not exceed $5 million
  • Must have fewer than 100 employees

Loan Term

  • To be based on the business' cash flow and useful life of assets being financed; not to exceed 6 years

Loan Uses

Building improvements, furniture and fixtures, equipment, inventory, supplies, and working capital


Assets being financed and other collateral, personal assets and personal guarantees, as required

Loan Amount

Interest Rate



Closing Costs only

*All rates and costs quoted are for businesses located in municipalities that are members of AVCOG

Loan Application (PDF)