The Kim Wallace Adaptive Equipment Loan Program provides assistance to individuals and businesses for the purchase, construction or installation of any product or equipment that: allows an individual to become more independent within the community; promotes mobility; or improves independence and quality of life.
Businesses may use loan funds to facilitate compliance with the Americans with Disabilities Act (ADA). For more program information and assistance, visit www.mpowerloans.org.
Funded by the Kim Wallace Adaptive Equipment Loan Program. Administered by FAME.
Must be a Maine-based business or a Maine resident with a disability.
Up to $100,000
Determined by full underwriting guidelines. Interest rates are subject to change.
Up to 20 years, depending on the useful life of the collateral.
Assets being financed and other collateral, as required.
Borrower is responsible for all loan closing costs.
Process and Contact Information
Alpha One provides application package and assistance completing the application:
Alpha One Locations:
South Portland: 207-767-2189 or 1-800-640-7200
Bangor: 207-941-6553 or 1-800-300-6016
Presque Isle: 207-764-6466 or 1-800-974-6466
Submit requests and completed applications directly to FAME.
- mPower Loan Application (Business)
- Environmental Questionnaire
- Employment Plan
- Personal Financial Statement
For best results, please download .pdf forms locally, then open and complete them with Adobe Acrobat. If you don’t have Acrobat, you can download a free version of Adobe Acrobat Reader here. Save and print your completed forms, then mail to FAME.