At a glance
From its website, read 2 Nov 2026Coastal Enterprises, Inc. is a loan fund based in Brunswick, Maine. Its website describes farm loans, child-care facility loans, commercial real estate loans and 5 other loan types. Stated loan amounts run from $5,000 to $1M. Business loan rates stated on its site range from 6% to 10%. You can start an application online.
Each point is backed by a quote further down this page. Terms change: confirm with the lender.
How to reach them and apply
| Main | (207) 504-5900 source |
|---|---|
| Apply online | Page with the application link |
| Website | www.ceimaine.org |
| Office (official list) | 30 Federal Street Suite 100, Brunswick, ME 04011 |
What their website says about applying
Have your business plan, financials, and other materials handy?
sourceComplete our inquiry form and a lender will reach out to you shortly.
sourceReview our application checklist to ensure you have all the materials you need.
sourceA financial statement is required for all guarantors on loans greater than $100,000.
source
Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.
Rates and terms they state
Read 2 Nov 2026| Loan | Stated | Text on the lender's site (verbatim) | Page |
|---|---|---|---|
| Loans (general) | Rate stated, not as an APR: see their wording | Fixed Rate of 6.0% | source |
| Agriculture / farm loans | Rate: 6%–8% | 6.0%-8.0% | source |
| Energy / solar / efficiency loans | Rate stated, not as an APR: see their wording | 4.5% for households at or below 80% AMI; 5.5% for households above 80% AMI | source |
| Nonprofit / community facility loans | Rate: 6%–8% | 6.0-8.0% | source |
| Small-business loans | Rate: 6%–10% | 6.0-10.0% | source |
| Loans (general) | Term: see their wording | 12-24 months | source |
| Loans (general) | Term: see their wording | Up to 10 years | source |
| Agriculture / farm loans | Term: 5 yr–7 yr | 5-7 years | source |
| Agriculture / farm loans | Term: up to 10 yr | 10 Years | source |
| Child-care facility financing | Term: 5 yr–7 yr | 5 to 7 year loan with interest only payments for the first 6 months. | source |
| Commercial real estate loans | Term: up to 18 mo | Up to 18 months | source |
| Energy / solar / efficiency loans | Term: see their wording | 5-7 years with extended amortization possible. | source |
| Energy / solar / efficiency loans | Term: see their wording | Up to 20 year amortization, up to 10 year terms | source |
| Microloans | Term: up to 5 yr | Up to 5 years/60 months | source |
| Nonprofit / community facility loans | Term: up to 7 yr | Up to 7 years, with extended amortization possible | source |
| Small-business loans | Term: 3 yr–7 yr | 3-7 years with extended amortization possible. | source |
As published on the lender's website on that date, not an offer or a quote. Your rate depends on the lender's review. A missing rate means the pages we read did not state one. For consumer loans we repeat a rate only when the lender states it as an APR (annual percentage rate, which includes fees); otherwise read the lender's own wording and ask for the APR.
Who qualifies, in their words
- Collateral flexible or not always required
CEI generally seeks collateral equivalent to the full amount of the loan but has flexibility.
source - Business plan required
A complete business plan and minimum two years cash flow projection
source
Only rules the lender's own pages state. Other requirements may apply.
Official record
CDFI Fund list, 21 Oct 2026| Institution type | Loan fund |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 13 Jan 2026 |
| RSSD ID | — (none listed) |
| Address | 30 Federal Street Suite 100, Brunswick, ME 04011 Directions (Google Maps) |
| Website | www.ceimaine.org |
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loans and eligibility
Verified from lender site on 2 Nov 2026Read from 7 pages of the lender's website on 2 Nov 2026. Quotes are verbatim. Extracted with AI help from the pages listed below and checked automatically against them. Not reviewed by a person. Confidence: high. Some programs are restricted to Maine coastal counties or specific sectors, and several loan amounts appear on separate lines from their product names. Terms change — confirm with the lender before applying.
| Product | Amount stated | Text on the lender's site (verbatim, incl. menu labels) | Page |
|---|---|---|---|
| Agriculture / farm loans | — | we’re here to finance your farm equipment and infrastructure needs. | source |
| Child-care facility financing | — | we’ve created a special loan product for licensed Maine child care providers | source |
| Commercial real estate loans | — | We offer real estate financing for projects that have significant positive impacts for their local communities | source |
| Energy / solar / efficiency loans | — | an electrification and efficiency loan from CEI | source |
| Equity / venture investment | — | We invest where capital is scarce, but opportunity for financial return and generating impact is abundant | source |
| Microloans | up to $30,000 | CEI’s Wicked Fast Loans offer up to $15,000 for start-up businesses and up to $30,000 for existing businesses. | source |
| Nonprofit / community facility loans | — | CEI offers financing to projects that support nonprofits and/or the construction, rehabilitation or expansion of facilities that support community needs | source |
| Small-business loans | up to $1M | Loans up to $1 million | source |
Loan sizes
Loans up to $1 million
sourceCEI’s Wicked Fast Loans offer up to $15,000 for start-up businesses and up to $30,000 for existing businesses.
source$5,000 to $1 million (higher amounts may be considered)
source$25,000 to $250,000 (higher amounts considered)
source
Range used for the size filter: $5,000 to $1M
Service area
Not stated on the pages we read.
Borrower focus
- Child-care providers
we’ve created a special loan product for licensed Maine child care providers
source - Low- and moderate-income / underserved
communities that have high proportions of low-income residents
source - Nonprofits
Limited to borrowers who are Nonprofit organizations and Tribal entities.
source - Rural
particularly rural areas and communities that have high proportions of low-income residents
source - Startups
CEI’s Wicked Fast Loans offer up to $15,000 for start-up businesses
source
Languages
- No non-English service found on the pages we read.
Online application
Yes — the site links to an application. Apply for a Loan
source
Pages read (7)
- https://www.ceimaine.org/
- https://www.ceimaine.org/financing/small-business-loans/
- https://www.ceimaine.org/advising/personal/
- https://www.ceimaine.org/financing/resilience/
- https://www.ceimaine.org/subsidiaries/cei-boulos/
- https://www.ceimaine.org/subsidiaries/cei-ventures/
- https://www.ceimaine.org/financing/real-estate-financing/
Questions to ask when you contact them
Based on what their website said when we read it on 2 Nov 2026, and what it left out. Something missing here does not mean they don't offer it: ask.
- Do you lend where I live, or where my business is?
Their website does not say which area they serve. - What is the APR, including fees, on your energy-efficiency loans?
Their website states a rate, but not as an APR. The APR includes fees, so it is the number to compare. - Is there a minimum credit score, and do you consider borrowers with little or no credit history?
Their website does not say what credit history they accept. - Do you offer free coaching or help preparing my application?
CDFI certification requires development services, such as training or advice, alongside lending. - What documents will you need from me, and how long does a decision usually take?
Their website describes some application steps (above); ask for the full document list.
Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.
CDFI Fund awards
CDFI Fund database, 3 Nov 2026$24.5 million in 20 awards from the U.S. Treasury's CDFI Fund, 1997–2024 (CDFI Program, Financial Assistance; CDFI Program, Technical Assistance; CDFI Rapid Response Program).
| Round year | Program | Amount |
|---|---|---|
| 2024 | CDFI Program, Financial Assistance | $900,000 |
| 2022 | CDFI Program, Financial Assistance | $740,000 |
| 2021 | CDFI Rapid Response Program | $1,826,265 |
| 2020 | CDFI Program, Financial Assistance | $600,000 |
| 2019 | CDFI Program, Financial Assistance | $714,000 |
| 2017 | CDFI Program, Financial Assistance | $916,905 |
| 2016 | CDFI Program, Financial Assistance | $1,750,000 |
| 2013 | CDFI Program, Financial Assistance | $1,347,000 |
| 2012 | CDFI Program, Financial Assistance | $1,453,806 |
| 2011 | CDFI Program, Financial Assistance | $1,500,000 |
| 2010 | CDFI Program, Financial Assistance | $750,000 |
| 2009 | CDFI Program, Financial Assistance | $2,000,000 |
| 2006 | CDFI Program, Financial Assistance | $585,000 |
| 2005 | CDFI Program, Financial Assistance | $855,000 |
| 2004 | CDFI Program, Financial Assistance | $1,000,000 |
| 2004 | CDFI Program, Technical Assistance | $57,646 |
| 2002 | CDFI Program, Financial Assistance | $500,000 |
| 2001 | CDFI Program, Financial Assistance | $2,000,000 |
| 1999 | CDFI Program, Financial Assistance | $2,500,000 |
| 1997 | CDFI Program, Financial Assistance | $2,500,000 |
New Markets Tax Credit allocations
$683 million in 7 allocations. An NMTC allocation is the authority to offer investors federal tax credits for community investments; it is not cash paid to the lender and is not counted in the award total above.
| Round year | Program | Allocation |
|---|---|---|
| 2010 | New Markets Tax Credit allocation | $77,000,000 |
| 2009 | New Markets Tax Credit allocation | $125,000,000 |
| 2008 | New Markets Tax Credit allocation | $112,000,000 |
| 2007 | New Markets Tax Credit allocation | $120,000,000 |
| 2006 | New Markets Tax Credit allocation | $120,000,000 |
| 2003 | New Markets Tax Credit allocation | $64,000,000 |
| 2002 | New Markets Tax Credit allocation | $65,000,000 |
These are awards and investments made to the institution itself to build its capital and capacity. They are not loans to borrowers, and an award does not mean the lender has money available for a particular loan today.
Source: CDFI Fund Searchable Awards Database, all 12,628 award records (1996–2025), read 3 Nov 2026. Years are the award round as the database lists it. Matched to the official CDFI list by exact name and state; see the method on the About page.
Size of the fund (IRS Form 990)
Fiscal year ending Sep 2023| Total assets | $125.9M |
|---|---|
| Total liabilities | $82.3M |
| Net assets | $43.5M |
| Total revenue | $22.6M |
| Notes and loans receivable, net (Part X line 7) | $53.2M |
| Program-related investments (Part X line 13) | $6.2M |
End-of-year figures from the Form 990 this organisation filed with the IRS for the fiscal year ending September 2023 (tax year 2022; EIN 01-0347504, filed as “COASTAL ENTERPRISES INC”), taken from the IRS Annual Extract of Tax-Exempt Organization Financial Data (returns processed in 2024). Figures are self-reported to the IRS, not audited by us, and lag one to two years behind today. The lender’s own annual report may show newer numbers. This organisation’s filings on ProPublica Nonprofit Explorer
Filings over time
| Fiscal year ending | Total assets | Net assets | Revenue | Notes and loans receivable |
|---|---|---|---|---|
| Sep 2021 (990) | $100.9M | $41.1M | $43.5M | $39.3M |
| Sep 2022 (990) | $113.1M | $39.6M | $13.6M | $44.7M |
| Sep 2023 (990) | $125.9M | $43.5M | $22.6M | $53.2M |
Total assets grew 25% from Sep 2021 to Sep 2023; notes and loans receivable rose 35%. One row per fiscal year in the IRS extracts of returns processed in 2022, 2023, 2024; “—” = the line was empty or zero on that return (a fund can book its loans on other lines).
How it compares
Computed from public data| Measure | This lender | Compared with |
|---|---|---|
| Largest loan its website states | $1M | Other loan funds whose website states a maximum: median $250,000. Higher than the stated maximum of 72% of these 184. |
| Total assets, latest IRS Form 990 | $125.9M | Larger than 100% of the 5 other certified loan funds and venture funds in Maine with a matched Form 990 (median $15.6M). |
| Business loan rate its website stated (2 Nov 2026) | 6.00% to 10.00% | Prime rate that day: 7.00% (FRED DPRIME), so the lowest stated rate is 1 pts below prime. For an SBA 7(a) variable-rate loan the legal maximum is prime plus 3 to 6.5 points, by loan size. |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Largest stated loan | other loan funds stating a maximum, nationwide | 184 | higher than 72% |
| Form 990 total assets | certified loan and venture funds with a Form 990, in Maine | 5 | larger than 100% |
“Larger than X%” = the share of the peer group with a smaller value. Ranks count from the largest. Peer groups use the lender's home state when it has at least 5 peers, otherwise the whole country. Full definitions: methodology.
For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered; your rate depends on the loan and on the lender's review. Peer groups and sources: methodology. Form 990 figures: IRS annual extracts (see the Form 990 section). Prime rate: FRED DPRIME.
Other certified CDFIs in Brunswick and Maine
- Genesis Fund, Inc.Loan fund · Brunswick, MEAffordable housing development loans, Nonprofit / community facility loansVerified
- Acadia Federal Credit UnionCredit union · Fort Ken, MEAuto / vehicle loans, Home mortgages, Personal / consumer loansVerified
- COMMUNITY CONCEPTS FINANCE CORPORATIONLoan fund · South Paris, MEMicroloans, Home mortgages, Small-business loansVerified
- Four Directions Development CorporationLoan fund · Orono, ME · Native CDFIHome repair / improvement loans, Affordable housing development loans, Home mortgages, Nonprofit / community facility loans…Verified
- MaineStream FinanceLoan fund · Bangor, MEHome mortgages, Small-business loansVerified
- Northern Maine Development CommissionLoan fund · Caribou, MEMicroloans, Small-business loansVerified
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