This fund is a partnership between Kent County and the Maryland DHCD Microenterprise Lending Program
In 2015, Kent County reactivated the Revolving Loan Fund and partnered with ESEC to manage the fund. In collaboration with the Kent County Economic Development Office, ESEC facilitates loan applications from businesses and entrepreneurs in Kent County and makes recommendations about loan approval. All final decisions of loan applications are made by the County Commissioners of Kent County.
The goals of the fund are job growth and business expansion. Therefore, loan requests should involve activities to achieve these goals.
As funds are available, loan requests in the amount of $10,000 up to $50,000 are welcomed.