Maryland Resource-Based Industry Financing Fund Loan (MRBIFF)
The MRBIFF program makes available low-interest loans to qualified applicants for the purchase of land and capital equipment. Commercial lender participation is required. MARBIDCO may provide up to a maximum of 40% of any financing needed for a project under the condition that a commercial lender (and/or a public instrumentality) has at least an equal financial commitment in the project.
USDA Microloan Program
The focus of Microloans is on the financing needs of small, beginning farmer, niche and non-traditional farm operations, such as truck farms, farms participating in direct marketing and sales such as farmers’ markets, CSA’s (Community Supported Agriculture), restaurants and grocery stores, or those using hydroponic, aquaponic, organic and vertical growing methods.
Producers interested in applying for a microloan may contact their local Farm Service Agency office.