Child Care Capital Support Revolving Loan Fund
The Child Care Capital Support Revolving Loan Fund is a state financing program run by the Maryland Department of Commerce with help from the Maryland State Department of Education. It gives no-interest loans to eligible child care providers to build, improve, expand, or buy child care facilities.
Who Can Apply
• You must be a licensed child care provider in Maryland.
• You must participate in the Child Care Scholarship Program (MSDE).
Priority is given to providers that:
• Are in underserved areas or rural communities.
• Serve low-income families.
• Serve children ages 2 and under.
• Serve children with special needs.
What the Loans Can Be Used For
Loans can ONLY be used for capital expenses, such as:
• Buying an existing child care facility
• Adding space or expanding
• Renovating or repairing an existing facility
• Building a new child care facility
Loan Basics
• No interest and no application fees.
• Must be repaid within 5 years.
• Some form of collateral is required (like a lien or personal guarantee).
• No prepayment penalties if you pay the loan off early.
For more information, contact: childcare.commerce@maryland.gov