Micro Loan Program


Jaime Berard
Loan Officer/Portfolio Manager
Email Jaime Berard

125 Manley Road
Auburn, ME 04210

Phone: (207) 783-9186 ext. 220
Fax: (207) 783-5211


Monday - Friday
8:00 am - 4:30 pm

  • 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