By Maryland Agricultural & Resource-Based Industry Development Corporation
The Maryland Resource-Based Industry Financing Fund offers low-interest loans to established agricultural and rural business industry firms for the purchase of land and capital equipment for production and processing activities. Monies may also be used to help finance environmental or water-quality enhancement projects. Priority will be given to niche market-oriented and value-added projects as well as beginning or transitioning producers and processors. MARBIDCO will provide up to 50 percent of financing needed for a project under this program, and a commercial lender and/or another public financing instrumentality must also have an equal financial commitment in any transaction.
Website |
http://www.marbidco.org/loans/mrbif.html |
Contact |
Stephen R. McHenry |
Maryland