MARBIDCO is offering loans through it’s new Pandemic Adjustment Loan Fund to help Maryland’s food and fiber producers, harvesters and primary processors adjust to the business disruptions caused by COVID-19.
The program is targeted to assist existing agriculture or resource-based enterprises in making timely adjustments to their business operations to help take advantage of new or continuing market opportunities.
Eligible farms and rural businesses can apply for loans up to $3,000 in working capital and up to $10,000 for equipment purchases at low interest rates with flexible terms.
Applications for the Pandemic Adjustment Loan Fund must be submitted by May 31st. The application form is available on the MARBIDCO website at www.marbidco.org. For questions, please call the office at (410) 267-6807.