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South Paris — Community Concepts Finance Corporation continues to lead the state in small business microlending and was recently honored as Maine Small Business Administration’s Microlender of the Year for the fourth year in a row.
CCFC’s lending to small businesses continues to be a vital part of Maine’s economy, helping entrepreneurs start new, innovative businesses and making it possible for existing businesses to grow and expand their operations.
In fiscal year 2018, statewide more than $1.46 million in small business loans were made with more than half or $841,000 from CCFC. In all, 92 small business loans were made through the Maine SBA with CCFC servicing nearly half or 43 of those loans.
“We are proud to be the leading lender in the State of Maine for small businesses for the fourth year in a row. As we continue to strengthen our relationships with our lending partners, we will continue to support small businesses across the state,” said CCFC President Glen E. Holmes.
CCFC is known for its rapid response to requests for business funding and assistance and has business advisors ready to assist business owners and entrepreneurs with their business operations. Learn more about CCFC by visiting CCFCMaine.org or call 207-333-6419 to speak with a business advisor.
Community Concepts Finance Corporation believes all individuals, families and communities can be financially secure and offers homebuyer, business and economic development resources and services. The non-profit corporation is a part of Community Concepts, Inc. and is based in South Paris.
