How FAME Works for Smith’s Farm, Presque Isle
“If it weren’t for FAME, Smith’s Farm would have struggled for a long period of time and may not have been able to be as successful as we are. They have provided the platform for us to work with our bank and build a solid agricultural enterprise.”
— Jason Barnes, Smith’s Farm Comptroller
FAME Agricultural Loans
FAME offers loan programs specifically for agricultural businesses.
Agricultural Marketing Loan Fund
Agricultural Marketing Loan Fund connects agricultural businesses with funding to improve products and connect with consumers.
Dairy Improvement Fund
Dairy Improvement Fund helps Maine dairy farms and other dairy enterprises fund capital improvements to maintain and enhance the viability of their businesses.
Potato Marketing Improvement Fund
Potato Marketing Improvement Fund assists Maine potato growers with funding to make their product competitive in a larger marketplace.
Nutrient Management Loan Program
Nutrient Management Loan Program provides financing to certain agricultural businesses for projects that protect the environment.
Linked Investment Program for Agriculture
Linked Investment Program for Agriculture helps reduce a borrower’s interest rate. Loans are approved and funded by the lender according to their own policies.