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BUSINESSES UNDER TWO YEARS OLD

SBA lenders that fund brand-new businesses in Maine

Over the last five years 804 SBA loans in Maine went to businesses under two years old, 40% of every approval in the state (8 points above the national rate). 408 of them were loans that opened the business in the first place.

Loans to new businesses
804
last 5 years
Lenders that said yes
56
active in Maine
Median approval
$105K
$31K – $300K typical
Typical term
11 yr
89% were 7(a)

The 15 most active startup lenders in Maine

Every lender here has approved loans for businesses under two years old in Maine. The percentage is how much of their Maine lending went to new businesses, which tells you whether they do it routinely or made an exception.

1
Bangor, ME
New-business loans
134
Share of their ME lending
56%
Typical loan
$180K
Last approval
Mar 2026
2
Wilmington, DE
New-business loans
115
Share of their ME lending
36%
Typical loan
$99K
Last approval
Mar 2026
3
Portland, ME
New-business loans
109
Share of their ME lending
48%
Typical loan
$274K
Last approval
Mar 2026
4
Portsmouth, NH
New-business loans
78
Share of their ME lending
27%
Typical loan
$680K
Last approval
Mar 2026
5
Cleveland, OH
New-business loans
52
Share of their ME lending
69%
Typical loan
$149K
Last approval
Feb 2026
6
Buffalo, NY
New-business loans
38
Share of their ME lending
48%
Typical loan
$109K
Last approval
Mar 2026
7
Kennebunk, ME
New-business loans
30
Share of their ME lending
50%
Typical loan
$260K
Last approval
Mar 2026
8
Patten, ME
New-business loans
28
Share of their ME lending
44%
Typical loan
$330K
Last approval
Nov 2025
9
Norway, ME
New-business loans
24
Share of their ME lending
52%
Typical loan
$359K
Last approval
Jul 2025
10
Lewiston, ME
New-business loans
24
Share of their ME lending
39%
Typical loan
$227K
Last approval
Dec 2025
11
Machias, ME
New-business loans
22
Share of their ME lending
37%
Typical loan
$386K
Last approval
Feb 2026
12
Farmington, ME
New-business loans
16
Share of their ME lending
62%
Typical loan
$154K
Last approval
Mar 2025
13
South Portland, ME
New-business loans
16
Share of their ME lending
59%
Typical loan
$79K
Last approval
Sep 2025
14
Bath, ME
New-business loans
11
Share of their ME lending
42%
Typical loan
$254K
Last approval
Nov 2025
15
Bar Harbor, ME
New-business loans
8
Share of their ME lending
21%
Typical loan
$123K
Last approval
Aug 2025
Ranked from public SBA approvals, not from lender marketing. Being listed is not an endorsement or a promise of approval, and no lender can pay to appear here.