Loan Guarantee Programs

U.S. Small Business Administration (SBA) 7(a) Loan Program
The business gets a loan from its lender with a 7(a) structure and the lender gets an SBA guarantee on a portion or percentage of this loan.
(410) 962-6195

Maryland Industrial Development Financing Authority (MIDFA)
Encourages private sector financing in economic development projects located in Priority Funding Areas. MIDFA facilitates capital access by issuing private activity revenue bonds and can provide credit insurance in the form of a deficiencies guaranty to reduce lender's risk.
(410) 767-6376

Maryland Small Business Development Financing Authority (MSBDFA)
Provides financing for small businesses that are not able to qualify for financing from private lending institutions or owned by socially and economically disadvantaged persons.
(410) 333-4270

Maryland Capital Access Program
A small business credit enhancement program that enables private lenders to establish a loan loss reserve fund from fees paid by lenders, borrowers, and the State of Maryland.
(410) 514-7237

U.S. Department of Agriculture Business and Industry Guaranteed Loans
The purpose of the B&I Guaranteed Loan Program is to improve, develop, or finance business, industry, and employment and improve the economic and environmental climate in rural communities.
(302) 857-3580

U.S. Department of Agriculture Rural Energy for America Program Guaranteed Loan Program
Encourages the commercial financing of renewable energy (bioenergy, geothermal, hydrogen, solar, and wind) and energy efficiency projects.
(302) 857-3580