The CEDLF is a revolving loan that provides an alternative-funding source for business expansion in Calvert County. The fund is designed to help fund new capital expansion projects, increase the commercial tax base and increase business and employment opportunities in Calvert County. Businesses may be eligible if: primary sales/activities are manufacturing, wholesale trade, retail trade, and/or business services, the business is a legal entity qualified to do business in the State of Maryland and has a minimum two-year operating history with a completed business plan. Selected business startups may be eligible. Help in preparing a business plan is available. The maximum loan request is limited to $100,000; the minimum loan request is $2,500. Loans considered desirable are those that are used to purchase fixed assets, equipment, inventory and finance contracts as well as loans to expand business in Calvert County. The Fund may NOT be used for debt refinancing.

Loan Fund Guidelines (PDF file)

Loan Fund Application (PDF file)

* Or you can e-mail/call us for printed copies.

Contact:
Jim Shepherd
410.535.4583
e-mail: jshepherd@co.cal.md.us

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