The Southern Maine Finance Agency (SMFA), formerly known as the Biddeford-Saco Area Economic Development Corporation (BSAEDC), is dedicated to promoting sustainable economic prosperity in the Biddeford-Saco area of Maine. SMFA collaborates with communities, financial institutions, and local, regional, state, and federal organizations to offer a variety of financing options and support to Maine businesses of all sizes.
SMFA provides gap financing for projects requiring cash, fixed asset financing, start-up working capital, and real estate acquisitions and development. With a focus on offering patient, flexible financing options, including SBA 504 loans, SMFA aims to support businesses in achieving their goals and contributing to the economic growth of the region.
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