- Maine has not enacted a commercial financing disclosure law as of 2026, and its Consumer Credit Code covers consumer — not commercial — credit, so business merchant cash advances fall under general contract law.
- The seasonal economy is built on tourism, a nation-leading lobster fishery, forestry and wood products, and agriculture like potatoes and wild blueberries.
- The SBA Maine District Office in Augusta, with offices in Portland and Bangor, covers the entire state.
Funding the Maine economy
Maine pairs a working coastline with a deep inland resource economy. Its lobster fishery is the largest in the nation, and commercial fishing, seafood processing, and boatbuilding remain core to coastal communities. Inland, the state’s forests feed a long-standing paper and wood-products industry, while Aroostook County supplies potatoes and Maine leads the country in wild blueberries. Tourism ties it together — summer and fall visitors drive a large share of annual revenue for hospitality and retail businesses, especially around Portland and the coast.
Industries we fund across Maine
- Tourism & hospitality — working capital and revenue-based financing to help Portland and coastal restaurants, inns, and shops survive the off-season.
- Fishing & seafood — equipment loans for boats, traps, and processing gear with cash flow that swings hard by season.
- Forestry & wood products — equipment financing for loggers, mills, and manufacturers across the north and west.
- Agriculture — working capital for potato and wild-blueberry operations tied to harvest cycles.
- Healthcare & trades — practice financing and equipment loans in Lewiston, Bangor, and rural service areas.
What the rules mean for you
Maine has not enacted a commercial financing disclosure law, and its Consumer Credit Code applies to consumer — not commercial — credit. That means there is no state-mandated standardized cost disclosure on merchant cash advances or other business financing, so the burden is on you to compare offers carefully. Look closely at the factor rate, total repayment amount, holdback percentage, and any origination or servicing fees before you sign. Hoss Capital only works with partners who present these terms transparently, even where the state doesn’t require it.