Maryland Small Business Development Financing Authority (MSBDFA) – Guaranty Fund Program (GFP)
The Guaranty Fund Program (GFP) provides financial assistance to eligible small businesses in Maryland through loan guaranties and interest rate subsidies for loans made by financial institutions such as banks, finance companies, and leasing companies. Offered by Maryland Department of Commerce.
Key Facts
- Funder
- Maryland Department of Commerce
- Award amount
- Not specified by funder
- Deadline
- Rolling / not specified
- Geography
- Maryland
- Status
- Open
About This Grant
The Guaranty Fund Program (GFP) provides financial assistance to eligible small businesses in Maryland through loan guaranties and interest rate subsidies for loans made by financial institutions such as banks, finance companies, and leasing companies. A loan guaranty cannot exceed the lesser of 80% of the loan or $2,000,000, with terms not exceeding 10 years. The program can also subsidize up to 4 percentage points of the interest charged by the lending institution, subject to annual review....
Full requirements and application instructions: official listing.
Similar Open Grants
Job Creation Tax Credit (JCTC)
Maryland Department of Commerce
Research and Development Tax Credit (R&D)
Maryland Department of Commerce
Data Center Maryland Sales and Use Tax Exemption Incentive Program
Maryland Department of Commerce
Maryland Economic Adjustment Fund (MEAF)
Maryland Department of Commerce
Maryland Nonprofit Development Center Program and Funds - Nonprofit, Interest-Free Micro Bridge Loan Account (NIMBL)
Maryland Department of Commerce
Maryland Small Business Development Financing Authority (MSBDFA)
Maryland Department of Commerce
Maryland Small Business Development Financing Authority (MSBDFA) – Surety Bond Program (SBP)
MMG Capital Group (Meridian Management Group, Inc.) / Maryland Department of Commerce
Maryland Specialty Crop Block Grant Program
Maryland Department of Agriculture
Maryland State Disaster Recovery Fund (SDRF)
Maryland Department of Emergency Management
Maryland State Small Business Credit Initiative (SSBCI) Program
Maryland Department of Housing and Community Development