The Maryland Microenterprise Loan Program expands opportunities for microenterprise development, creates new opportunities for small business development and sustains local economies in Maryland communities. The Microenterprise Loan Program is designed to provide entrepreneurs with flexible financing for microenterprise start-ups and expansions within designated Sustainable Communities and Priority Funding Areas throughout the State. The Maryland Department of Housing and Community Development has established partnerships with community-based microlenders as Intermediaries that originate and administer microenterprise loans.
Our local partners understand their local economy and can provide micro-entrepreneurs with easier access to training and technical assistance. This new public-private partnership will provide better access to capital for establishing and sustaining micro-businesses.
Baltimore Community Lending (serving Baltimore City) P: 410-727-8590 | W: https://bclending.org
Enterprise Development Group - Arlington, VA (Serving Anne Arundel, Baltimore, Charles, Frederick, Howard, Montgomery, Prince George's, St. Mary's counties and Baltimore City)P: 703-685-0510 | W: https://www.ecdcus.org
Latino Economic Development Center - Washington, DC (Serving Anne Arundel, Baltimore, Charles, Frederick, Harford,Howard,Montgomery, Prince George's counties and Baltimore City)P: 202-540-7412 | W: https://www.ledcmetro.org
Maryland Capital Enterprises, Inc. – Salisbury MD
(Serving Anne Arundel, Baltimore, Caroline, Dorchester, Kent, Queen Anne, Somerset, Talbot, Wicomico, Worcester Counties and Baltimore City)
P: 410-546-1900 | W: www.marylandcapital.org
Prince George’s Financial Service Corporation – Largo MD
(Serving Prince George’s County)
P: 301-883-6900 | W: fscfirst.net
PLEASE CONTACT THE INTERMEDIARY DIRECTLY TO RECEIVE AN APPLICATION
CONTACT: Business Lending TeamE: firstname.lastname@example.org