Other Financing Programs

Capital Access Program

A credit enhancement program, Capital Access helps small businesses gain better access to private financing. Private lenders establish a loss reserve fund from fees paid by lenders, borrowers and the Maryland Department of Housing and Community Development (DHCD) to insure loans made to small businesses. Enrolled amounts may range from $10,000 to $1,000,000.

For more information visit www.dhcd.state.md.us

Neighborhood Business Development Program

The Division of Neighborhood Revitalization (NR) within the Maryland Department of Housing and Community Development is committed to empowering communities through its 12 programs for loans, grants, technical assistance & tax credits. Assistance through the Division of Neighborhood Revitalization is designed to serve as a tool for communities, business & organizations to leverage additional funding from investors, foundations & local governments.

For more information visit www.neighborhoodrevitalization.org/Programs/Index.aspx

The Maryland Telework Loan Program ,

The Maryland Telework Loan Program, operated by the Maryland Technology Assistance Program, a program of the Maryland Department of Disabilities, is established to help Maryland residents with disabilities qualify for lower-interest loans to buy equipment, such as computers or fax machines, to be able to work from home or start substantially home-based businesses. By increasing opportunities to telework and self-employment, current barriers to employment such as inadequate transportation, fatigue, inaccessible work environments, and the need for personal assistance are reduced or eliminated. Any Maryland resident with a disability applying for this loan will need to have an approved business plan and must plan on performing a substantial portion of the telework from home or an approved telework location.

For more information on this program or if you would like to apply, contact the Maryland Technology Assistance Program at 1-800-832-4827(Voice), 1-866-881-7488 (TTY), by e-mail or visit their Web site.