Revolving Loan Fund

UVEC is now offering the citizens of Stacyville and Sherman, and citizens in Southern Aroostook and Northern Penobscot County, a revolving loan fund (RLF) as a gap financing measure for the development and expansion of small businesses. Establishing a revolving loan fund would provide access to a flexible source of capital that can be used in combination with more conventional sources. The RLF would be a bridge between the amount the borrower can obtain on the private market and the amount needed to start or sustain a business.

Please feel free to download the documents for your review. If you have any questions about this program please contact me at the UVEC Office which is located at 36 School Street in Sherman or call me at 207-365-7631. My Office hours are - Monday through Friday from 8:30 am to 2 pm.

UVEC Loan Application
Business Plan
Personal Financial Document

Jeff Packard
Office Manager/UVEC