Title

Funding Farms: Maine Harvest Credit Project Raises 60% of Needed Funding, Readies Filing with Regulators

Authors

Lori Valigra

Source

Mainebiz

Date

10-31-2016

Pages

16-17

Abstract

The Maine Harvest Credit Project is in the midst of raising funds to become the state's 59th credit union. Its purpose is to support lending to the food/ag/fisheries/forest businesses throughout Maine. Once the credit union is granted, it will be a nonprofit and will offer three loan products, for equipment; buildings, expansions and upgrades; and land loans. Details of the project are provided. [image]

Subjects

Credit unions

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