The Southern Maine Finance Agency?(SMFA), formerly known as the Biddeford Saco Area Economic Development Corporation(BSAEDC*), helps businesses throughout York County, large and small, by providing gap financing for projects that require cash, fixed asset financing, start-up/working capital and real estate acquisitions and development..

Getting started? Getting bigger?
Need some extra funding?

Find out if your business is eligible today!

*With its legal name still Biddeford Saco Area Economic Development Corporation,? the organization has adopted a more user friendly “doing business as” (dba). That new name is The Southern Maine Finance Agency (SMFA) that accurately telegraphs its true mission and geographic reach throughout York County in Southern Maine.
They worked with us through every phase of this project to collaborate with bankers and get us the funding we needed to keep our development on schedule.
Doug Sanford

Northdam Mill

They really helped our business stay on track.
John Grondin

Prescott Metal