Child Care Capital Support Revolving Loan Fund

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MDBIZ News Blog Child Care Capital Support Revolving Loan Fund

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The Child Care Capital Support Revolving Loan Fund is a financing resource operated by the Department of Commerce, with support from the State Department of Education, to provide no-interest loans for capital expenses to child care providers who participate in the State Department of Education's Child Care Scholarship Program.

Use Compass to strengthen your child care loan planning

The Maryland Community Business Compass can help you assess demand before you apply. The tool shows where families need child care the most, helping you validate location, expansion or capacity decisions tied to this loan program. Compass also connects you to additional financing options and business support that may complement your loan as you grow.

ELIGIBILITY Qualifying Borrowers

The Child Care Provider must be licensed by the State Department of Education and a participant in the State Department of Education’s Child Care Scholarship Program. Priority is given to Maryland child care providers: Located in underserved communities or areas designated by the State Department of Education as lacking available child care slots, Located in rural communities, Serving primarily low-income populations in areas of high poverty, Serving children with special needs, and Serving children ages 2 and younger. Qualifying Capital Expenses

Loans may only be used for capital expenses related to a child care facility including: Acquisition, Expansion, Renovation, and New Construction. Acquisition: Purchase of an existing child care facility Expansion: Construction or purchase of add’l space to an existing child care facility) Renovation: Repairs, renovation, upgrades of an existing child care facility New Construction: Construction of a new child care facility Restrictions Businesses other than child care providers are not eligible. Loans are intended for current projects and may not be used to refinance existing debt. Proceeds cannot be used for working capital or operations (for example: marketing, payroll, lease or rent expense, supplies, utilities, etc). LOAN TERMS Applicant must possess a valid child care license to apply. Loan proceeds must be used for a child care facility location operating in Maryland. Loans must be repaid within five years after receiving the loan proceeds. Additional funds may be added to the project by the owner, sponsor or other intermediary. Collateral is required and may include, but is not limited to personal guarantees, liens on business assets and pledges of accounts. BENEFITS With no-interest or application fees charged, the Child Care Capital Support Revolving Loan Fund offers a convenient, cost-effective financing resource for qualifying providers seeking to make capital improvements to maintain or grow child care enrollment. There are no prepayment penalties. APPLYING

The application period for the Child Care Capital Support Revolving Loan Fund closed January 30, 2026. Please revisit this webpage for updates on when the next round of funding will occur this calendar year.

For applications to be considered the information listed below must be provided. Applicants should work with their advisor(s) completing the application. Incomplete applications cannot be considered. A listing of all owners and percentages of ownership; resume of principal owner(s). Valid Maryland State Department of Education (MSDE) license. Evidence of participation in MSDE Child Care Scholarship Program. A description of the child care facility (when established, where located, staffing, enrollment figures, programs provided) A summary of how the loan will…

Topic areas: Social Innovation and Community Development, Housing and Community Development, Workforce Development.

Funding amount

This grant provides Varies in funding.

Deadline

Applications are accepted on a rolling basis; there is no single fixed deadline.

Who can apply

This opportunity is open to the following applicant types:

• Not specified by the program.

Eligibility

The program did not publish a separate eligibility statement. See the official opportunity page for the full eligibility criteria.

Agency

Child Care Capital Support Revolving Loan Fund is administered by Maryland Department of Commerce (MD Commerce), listed via Maryland Department of Commerce.