Coastal Enterprises, Inc. (CEI)
Coastal Enterprises
Maine's largest CDFI providing affordable business loans, first-time homebuyer education, housing counseling, and specialized lending including Riba-Free (Islamic financing) and solar loans.
Who can use this?
Small businesses, entrepreneurs, first-time homebuyers. Varies by program.
About this resource
CEI has been helping Maine people and communities since 1977. As a Community Development Financial Institution and Community Development Corporation, they provide capital, counsel, and connections to help people build businesses, buy homes, and strengthen communities.
Services offered
- Business loans up to $1M (equipment, property, working capital)
- Wicked Fast loans ($30K and under, quick turnaround)
- Riba-Free loans (Islamic financing principles)
- Child care facility loans
- Low-cost solar loans
- HUD-certified first-time homebuyer education
- Housing counseling
- Industry-specific business advising
What to expect
Contact CEI to discuss your financing needs. Business loan applications are reviewed individually. Homebuyer education is an 8-hour course that qualifies you for MaineHousing programs.
What to bring
For business loans: business plan, financial statements. For homebuyer education: contact for requirements.