Baltimore | Resource Profiles

Explore the resources available to entrepreneurs in Baltimore

BCL Guidance Line of Credit (GLOC)

Funding

Description

The BCL Guidance Line of Credit is focused on the small to mid-size developer and/or contractor who has a need for a committed source of funding. It supports the activity of a borrower who anticipates acquiring and rehabbing a series of properties. This is designed for developers (including non-profits) and individual investors with a vision to rehabilitate properties in low- and moderate-income neighborhoods of Baltimore City.

Tags

Line of Credit

Resource Providers:

Private Non-Profit

The Baltimore Community Development Financing Corporation was created as a financing intermediary in 1989 to promote the revitalization of neighborhoods within Baltimore City. The entity was federally certified as a nonprofit community development financial institution (CDFI) in 2002, changed its name to Baltimore Community Lending (BCL) in 2006.

Baltimore Community Lending (BCL)

Affiliated Ventures:

Resource Details
For Startups
For Nonprofits
For Small Businesses

The BCL Guidance Line of Credit is focused on the small to mid-size developer and/or contractor who has a need for a committed source of funding. It supports the activity of a borrower who anticipates…

Earliest Stage Served:
Established
Latest Stage Served:
Mature
All Stages Served:
Established, Mature
Industries Served:

Community Development

Contact Them

875 Hollins Street, Suite 301Baltimore, MD 21201

Visit Website