Maryland Agricultural & Resource-Based Industry Development Corporation

Rural Business Equipment and Working Capital Fund Loan (RBEWCL)

To apply, see the Applications page.

The RBWCL will offer low-interest loans to established Ag/RB-industry firms and producers 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 of USDA-RD funds and MARBIDCO funds while others will use MARBDICO funds exclusively. Those loans utilizing USDA-RD resources must receive approval from the State USDA-RD office (MARBIDCO will help facilitate approval).

Commercial Lender Participation: Endorsement Required
Maximum Loan Amount: $75,000
Loan Terms: Equipment - 3 to 7 years; Operating Line - 1 to 2 years
Interest Rate: 5% (APR)
Loan Origination Fee: 1% (paid at closing to MARBIDCO)

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MARBIDCO Loan Programs

Maryland Resource-Based Industry Financing Fund Loan (MRBIFF)

Maryland Vineyard Planting Loan Fund (MVPLF)

Rural Business Equipment and Working Capital Fund Loan (RBEWCL)

Forestry Equipment and Working Capital Loan Fund (FEWCL)

Rural Business Energy Efficiency Improvement Loan Fund (RBEEIL)

Maryland Shellfish Aquaculture Loan Fund (MSAL)

Maryland Remote Setting Shellfish Aquaculture Loan Fund (MRSA)

Business Planning Template



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