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Coastal Enterprises, Inc.
Coastal Enterprises, Inc.
Amount
Varies
Deadline
Rolling
Odds
Not published
Effort
1 to 2 hrs
Can you get this?
✓Must be a Maine-based small business
✓Microloans capped at $30,000 or under
✓Venture capital for Maine and Northeast companies
✓Free advising for specific industries and populations
Your real odds
Rolling applications mean you're not racing a deadline, but approval depends on your loan readiness at the time you apply.
CEI positions itself as an alternative to traditional banks and pairs lending with advising to help you qualify, which suggests they work with a range of credit profiles, though no approval rate data is published.
What it takes
Review loan options and identify the right product1 to 2 hrs
Connect with a free business advisor if needed
Submit application through the borrower portal1 to 3 days
Worth knowing
If your funding need is $30,000 or under, CEI offers a 'Wicked Fast Microloan' with a streamlined process, so if speed matters, that is where to start.
What else do you qualify for?
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