The Press Herald includes an article about the Maine Harvest Credit Project which will supply loans to farms and small food producers.
As Maine’s food economy continues to grow, a group of supporters is working to set up a financial institution to provide farmers, artisan cheese-makers and craft brewers with stronger financing roots.
The Maine Harvest Credit Project’s goal is to establish a credit union that the backers believe would fill a gap in available financing, offering farm mortgages in the $100,000 to $500,000 range and equipment loans of $25,000 to $100,000.