Maryland Economic Adjustment Fund (MEAF)

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​​​​​​​MEAF assists small businesses with upgrading manufacturing operations, developing commercial applications for technology, or entering into and competing in new economic markets. Eligible businesses include manufacturers, wholesalers, service companies, and skilled trades. Funds can be used for working capital machinery and equipment, building renovations, real estate acquisitions and site improvements. Funding assistance through MEAF is available to small businesses in all regions of the state.

BENEFITS

Funds can be used for working capital machinery and equipment, building renovations, real estate acquisitions and site improvements.

ELIGIBILITY

Applicants must demonstrate credit worthiness, ability to repay the obligation, and an inability to obtain financing on affordable terms through normal lending channels. A loan may not be used to relocate jobs from one commuting area to another.

APPLY

For more information about MEAF contact:

Les Hall, Director 
DBED, Office of Finance Programs
 lhall@choosemaryland.org
(410) 767-6356
(877) 821-0099