The Southern Maine Finance Agency (SMFA), formerly known as the Biddeford Saco Area Economic Development Corporation (BSAEDC), promotes sustainable economic prosperity though regional business lending. We work collaboratively with communities, financial institutions and local, regional, state and federal organizations to offer a variety of financing options and support to Maine businesses.
SMFA helps businesses, large and small, by providing gap financing for projects that require cash, fixed asset financing, start-up/working capital and real estate acquisitions and development. We now offer SBA 504 Loans, further enhancing our loan options for clients.
“We offer patient, flexible financing that a traditional bank loan would not be able to offer a business.”~~ Will Armitage, SMFA President
Building Foundations of Love When you open the door into Blueprints Early Learning Center in Lebanon, it is clearly a place where love abounds. Some children are busy with projects, others listening intently to a story read by one of the teachers and more are just waking up from naps. The infant room for little ones has two teachers and while some babies sleep, others are awake and being cuddled and fed. It is evident that the children are enjoying every minute and the staff provides a circle of calm and caring that make this the town’s number one full-service…Read the full story...