Maine Harvest Credit Project

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.