Areas Served: Anne Arundel County and the City of Annapolis The Business Corridor Investment Loan Program (BCILP) has been established to encourage economic activity in four project areas in Anne Arundel County and the City of Annapolis, Maryland Revitalization Districts. The BCILP offers qualified business owners zero interest loans of up to $35,000 for improvements
Read MoreAreas Served: Wicomico, Worcester, Somerset, Dorchester, Talbot, Caroline, Queen Anne’s and Kent counties Maryland Capital Enterprises, Inc. (MCE) provides small business loans to businesses located in MCE’s Service Area: Wicomico, Worcester, Somerset, Dorchester, Talbot, Caroline, Queen Anne’s and Kent counties of the Maryland’s Eastern Shore. Our goal is to support businesses that provide a service
Read MoreAreas Served: Statewide, Maryland The Guaranty Fund Program provides financial assistance to eligible Maryland businesses in the form of loan guaranties and interest rate subsidies to financial institutions for long term loans and short-term lines of credit. A loan guaranty cannot exceed the lesser of eighty percent (80%) of the loan or $1,000,000. The term
Read MoreAreas Served: Statewide, Maryland The RBWCL will offer low-interest loans to established Ag/RB-industry firms and producers in the State of Maryland for working capital and equipment purchases. This program is supported by MARBIDCO (utilizing state funds) and the U.S. Department of Agriculture – Rural Development. Some loans made under this program will use a combination
Read MoreAreas Served: Statewide, Maryland Maryland Capital Access Program is a revitalization resource to support the growth and success of small businesses in Priority Funding Areas throughout the State of Maryland. This is a credit enhancement program that enables private lenders to establish a loan loss reserve fund from fees paid by lenders, borrowers, and the
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