Wicked Fast Loans

Are you looking for flexible cash for your business without a long and complicated application process?

CEI’s Wicked Fast Loans offer up to $15,000 for start-up businesses and up to $30,000 for existing businesses.

Businesses must have evidence of a relationship with a business advisor. CEI can make referrals to a free Business Advisor upon request.

Have questions about a potential loan request? Complete our inquiry form:


Have your financials and other materials handy? Then you’re ready to apply!

In addition to the application above, you must submit a credit acknowledgement (link below) for each guarantor listed on the loan application.


Benefits of the Wicked Fast Loan/Loan Terms

  • Streamlined application
  • Low credit score thresholds
  • 7.25% interest rate
  • No prepayment penalty
  • Loan decision in 3-business days
  • Up to 5-year/60-month terms
  • Minimal annual financial reporting requirements

What Can I Use Funds For?

  • Working capital
  • Equipment/Supplies
  • Refinance existing higher interest
  • Funds cannot be used for real estate purchase

Who Can Apply?

Maine-based for-profit businesses. Non-profit businesses do not qualify.

Application Requirements

  • Complete CEI Wicked Fast Loan application(s) from each owner with at least 20% interest in the business
  • Complete the Credit Acknowledgement for each guarantor listed on the Application
  • Provide items listed on our Application Checklist (in application) specific to your business stage and legal type
  • Evidence of a relationship with a business advisor. CEI can make referrals to a free Business Advisor upon request

When will I know if my request is approved?

Approvals or declinations are typically provided to applicants within 3 business days of complete loan application submission.

Are there any other requirements?

  • Personal guaranty from all business owners with a 20% or greater share of the business
  • Loan payment by ACH
  • Most potential borrowers will be asked to participate in a 30-minute workforce assessment
  • Evidence of business liability insurance prior to close
  • Borrower’s Resolution, if applicable, depending on the corporate structure of the business
  • Additional items, as needed