Thank you for your interest in Maryland Capital Enterprises, Inc (MCE). To expedite review of your loan request by the Loan Committee, we ask that you have:

1. Credit Performance – MCE does not make lending decisions based on a specific credit score. However, a current and positive credit history of 12 months or longer may be required.
2. Business Synopsis – An executive summary and a statement of purpose for the funds may be all that is necessary. A business plan template is available upon request.
3. Collateral sufficient to support the requested loan will be required. This can be in the form of real estate, vehicles, personal property, and anything else deemed appropriate to be used as collateral. If you plan to provide real estate or other piece of property that is co-owned with a person that is not a listed borrower, they will be asked to pledge the property by signing the new Deed and/or become a guarantor on the loan.
4. Third Party Vendor- List of all vendors receiving direct payment from the loan distribution.
5. Licensed Contractors- All contractors used with loan funds must be licensed.
6. Business Check- A voided business check must be provided for loan approval.

1. Loans of $500 to $2,500 – 12 to 18 months term
2. Loans of $2,501 to $5,000 – 12 to 36 months term
3. Interest rates will be assessed depending on the risk and the amount of the loan
4. $50 non-refundable application fee $25 non-refundable Credit Report fee per applicant
5. $50 Closing Fee for underwriting MCE will conduct semi-annual site visits to your business
6. Security may be required up to the full amount of the loan
7. Applicants must be sole proprietors, partnerships, or corporations

1. Machinery and Equipment -Furniture and Fixtures
2. Supplies, Materials, and Inventory -Working Capital
3. Truck/Car Purchase
4. To be eligible for the financial services of MCE, Borrower(s) and/or Guarantor(s) must agree to ALL of following statement(s):*
   PLEASE CHECK EACH BOX
   • Financial business counseling before and after loan closing.
   • Periodic staff visits to assess business function and progress.
   • Periodic credit checks at MCE’s expense.
   • Be legally organized as a for-profit entity only.
   • Be a micro business with 10 or fewer employees.
   • Have tried to receive a loan through a traditional lender or a bank.
   • Be located within the 8 counties of MD's Eastern Shore (Caroline, Dorchester, Kent, Queen Anne’s, Somerset, Talbot, Wicomico, and Worcester) or Baltimore County, Baltimore City, or Anne Arundel County.
   • Create full-time, part-time employment for low to moderate income residents.
   • Be a U.S. Citizen or legal alien.
   • Demonstrate ability to repay loan with documentable income.
   • A reasonable credit history and payment track record.
5. Consent*
   I have read and understand the above conditions.

6. Applicant Information

7. Business Name*
8. Federal ID#*
9. Address*
   Street Address City StateAlabamaAlaskaAmerican SamoaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaGuamHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaNorthern Mariana IslandsOhioOklahomaOregonPennsylvaniaPuerto RicoRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahU.S. Virgin IslandsVermontVirginiaWashingtonWest VirginiaWisconsinWyomingArmed Forces AmericasArmed Forces EuropeArmed Forces Pacific State ZIP Code
10. Business Phone*
11. Fax #*
12. Is the business...*
    • Full Time
    • Part Time
    • Seasonal
13. Business Start Date*
    MM slash DD slash YYYY
14. What is the structure?*
    • Sole Proprietorship
    • Partnership
    • S-Corporation
    • C-Corporation
    • Limited Liability Company
    • Limited Liability Partnership
15. Please briefly describe the business.*
16. Applicant Name*
    First Last
17. Email*
18. Phone*
19. Drivers License #*
20. State*
    AlabamaAlaskaAmerican SamoaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaGuamHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaNorthern Mariana IslandsOhioOklahomaOregonPennsylvaniaPuerto RicoRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahU.S. Virgin IslandsVermontVirginiaWashingtonWest VirginiaWisconsinWyomingArmed Forces AmericasArmed Forces EuropeArmed Forces Pacific State
21. Expiration Date*
    MM slash DD slash YYYY
22. Upload Photo of Driver's License*
    Accepted file types: jpg, png, tiff, pdf, Max. file size: 50 MB.
23. Different Residence Address?*
    • Yes
    • No
24. Residence Address*
    Street Address City StateAlabamaAlaskaAmerican SamoaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaGuamHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaNorthern Mariana IslandsOhioOklahomaOregonPennsylvaniaPuerto RicoRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahU.S. Virgin IslandsVermontVirginiaWashingtonWest VirginiaWisconsinWyomingArmed Forces AmericasArmed Forces EuropeArmed Forces Pacific State ZIP Code
25. Residence Phone*
26. Veteran*
    Select OneYesNo
27. Date of Birth*
    MM slash DD slash YYYY
28. Social Security # of Applicant*
29. Emergency Contact Person*
    First Last
30. Emergency Contact Person Phone #*
31. Relationship*
32. Emergency Contact Person Address*
    Street Address City StateAlabamaAlaskaAmerican SamoaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaGuamHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaNorthern Mariana IslandsOhioOklahomaOregonPennsylvaniaPuerto RicoRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahU.S. Virgin IslandsVermontVirginiaWashingtonWest VirginiaWisconsinWyomingArmed Forces AmericasArmed Forces EuropeArmed Forces Pacific State ZIP Code
33. Emergency Contact Person
    First Last
34. Emergency Contact Person Phone #
35. Relationship
36. Emergency Contact Person Address
    Street Address City StateAlabamaAlaskaAmerican SamoaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaGuamHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaNorthern Mariana IslandsOhioOklahomaOregonPennsylvaniaPuerto RicoRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahU.S. Virgin IslandsVermontVirginiaWashingtonWest VirginiaWisconsinWyomingArmed Forces AmericasArmed Forces EuropeArmed Forces Pacific State ZIP Code

37. Request For Loan

38. Amount Requested*
39. Term Requested*
40. Use of Loan Proceeds*
41. Fixed Assets*
42. Working Capital*
43. Equipment*
44. Other*
45. Management - Owner(s)*

    Name	Title	Owners %

46. Employment Information

47. Employment Status*
    Full Time Self EmploymentPart Time Self EmploymentFull Time EmploymentPart Time Employment
48. Additional Employment Information
49. Employer Name*
50. Phone*
51. Address*
    Street Address City StateAlabamaAlaskaAmerican SamoaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaGuamHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaNorthern Mariana IslandsOhioOklahomaOregonPennsylvaniaPuerto RicoRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahU.S. Virgin IslandsVermontVirginiaWashingtonWest VirginiaWisconsinWyomingArmed Forces AmericasArmed Forces EuropeArmed Forces Pacific State ZIP Code
52. Supervisor Name*
    First Last
53. Dates Employed*
54. Current Salary*
55. Your Status*
    • Full Time Employment
    • Part Time Employment
56. Employer Name*
57. Phone*
58. Address*
    Street Address City StateAlabamaAlaskaAmerican SamoaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaGuamHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaNorthern Mariana IslandsOhioOklahomaOregonPennsylvaniaPuerto RicoRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahU.S. Virgin IslandsVermontVirginiaWashingtonWest VirginiaWisconsinWyomingArmed Forces AmericasArmed Forces EuropeArmed Forces Pacific State ZIP Code
59. Supervisor Name*
    First Last
60. Dates Employed*
61. Current Salary*

62. Misc. Questions

63. Is the business or any of the top management personnel an endorser, guarantor or co-signer for obligations not listed on its/their financial statements?*
    • Yes
    • No
64. Please provide an explanation*
65. Is the business or any of the top management personnel a party to any claim or lawsuit?*
    • Yes
    • No
66. Please provide an explanation*
67. Has the business or any of the top management personnel ever declared bankruptcy?*
    • Yes
    • No
68. Please provide an explanation*
69. Does the business or any of the top management personnel owe any taxes for prior or current years?*
    • Yes
    • No
70. Please provide an explanation*
71. Have you ever been evicted from a rental residence for non-payment or any other reason?*
    • Yes
    • No
72. Please provide an explanation*
73. Have any managers or owners received a felony conviction?*
    • Yes
    • No
74. Please provide an explanation*
75. Are you a U.S. Citizen? If no, please provide proof of residency.*
    • Yes
    • No

76. Business References

77. Reference 1
78. Name*
79. Company*
80. Phone*
81. Address*
    Street Address City StateAlabamaAlaskaAmerican SamoaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaGuamHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaNorthern Mariana IslandsOhioOklahomaOregonPennsylvaniaPuerto RicoRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahU.S. Virgin IslandsVermontVirginiaWashingtonWest VirginiaWisconsinWyomingArmed Forces AmericasArmed Forces EuropeArmed Forces Pacific State ZIP Code
82. Reference 2
83. Name
84. Company
85. Phone
86. Address
    Street Address City StateAlabamaAlaskaAmerican SamoaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaGuamHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaNorthern Mariana IslandsOhioOklahomaOregonPennsylvaniaPuerto RicoRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahU.S. Virgin IslandsVermontVirginiaWashingtonWest VirginiaWisconsinWyomingArmed Forces AmericasArmed Forces EuropeArmed Forces Pacific State ZIP Code
87. Reference 3
88. Name
89. Company
90. Phone
91. Address
    Street Address City StateAlabamaAlaskaAmerican SamoaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaGuamHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaNorthern Mariana IslandsOhioOklahomaOregonPennsylvaniaPuerto RicoRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahU.S. Virgin IslandsVermontVirginiaWashingtonWest VirginiaWisconsinWyomingArmed Forces AmericasArmed Forces EuropeArmed Forces Pacific State ZIP Code

92. Section 6: Legal

93. EQUAL CREDIT OPPURTUNITY ACT (15 U.S.C. 1691)

94. The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status or age (provided that the applicant has the capacity to enter into a binding contract), because all or part ofthe applicant's income derives from any public assistance program, or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The Federal agency that administers compliance with this law concerning this creditor is the Federal Trade Commission, Equal Credit Opportunity, Washington, D.C. 20580.

95. DISCLOSURE AND CONFIDENTIALITY STATEMENT (Please Read Carefully)

96. Certain information in the possession of the Loan Committee (LC) must be made available for public inspection after an application for financial assistance is received. This information includes but is not limited to: the names of applicants, financial information including principals, the amounts, types and general terms of financial assistance, description of projects and businesses benefiting from financial assistance, the number of jobs and the amount of tax revenues projected in connection with a project, and the names of financial institutions participating in the project.

97. Certain records of the LC are designated confidential and will not be available to the public for inspection. This includes the disclosure of records which would constitute an invasion of privacy, such as personal tax returns or financial records obtained by the LC in connection with any monitoring or servicing of an existing project, and any records or information the release of which the LC has determined could cause a business or competitive detriment to the person whom the information belongs or pertains. If an applicant desires that additional information be kept confidential, the applicant should clearly identify what information or documents he or she wishes to be kept confidential. The applicant must also explain in writing the basis for her or his request that the material be kept confidential. Where the applicant asserts that the basis for the confidentiality is that release of the information could cause a business or competitive disadvantage or loss of a competitive advantage, the applicant must provide the LC with sufficient information to enable the LC to determine independently the likelihood of such detriment. Applicants may wish to consult an attorney regarding any matters related to this application and possible loan agreements. The information contained in this application and attachments are submitted for the purposes of consideration for the MCE Microloan Program.

    Certain records of the LC are designated confidential and will not be available to the public for inspection. This includes the disclosure of records which would constitute an invasion of privacy, such as personal tax returns or financial records obtained by the LC in connection with any monitoring or servicing of an existing project, and any records or information the release of which the LC has determined could cause a business or competitive detriment to the person whom the information belongs or pertains.

98. If an applicant desires that additional information be kept confidential, the applicant should clearly identify what information or documents he or she wishes to be kept confidential. The applicant must also explain in writing the basis for her or his request that the material be kept confidential. Where the applicant asserts that the basis for the confidentiality is that release of the information could cause a business or competitive disadvantage or loss of a competitive advantage, the applicant must provide the LC with sufficient information to enable the LC to determine independently the likelihood of such detriment. Applicants may wish to consult an attorney regarding any matters related to this application and possible loan agreements. The information containedin this application and attachments are submitted for the purposes of consideration for the MCE micro loan program.

99. AGREEMENTS AND CERTIFICATIONS

100. 1. We agree to notify you promptly in writing upon any material change in the information provided herein, and further acknowledge that you will continue to regard this statement as true and complete until receipt of such written notification.
     2. We agree to allow Maryland Capital Enterprises, Inc. to investigate any information disclosed in this application to include but not limited to: my credit records, my credit history, and any other information that relates to, or may be a factor, in assessing my creditworthiness, to make any inquires it deems necessary to determine the existence and extent of any legal or financial obligations for which I am or may become liable, including but not limited to, child support payments, restitution, and tax liabilities that may affect my ability to repay this loan, to investigate the existence and extent of my criminal records, and to make such inquiries as it deems necessary or appropriate to verify the accuracy of the information contained in the application.
101. 1. We certify all information in this application and the attachments is true and complete to the best of my/our knowledge and is submitted so the Loan Committee can decide whether to grant a loan or participate with the lending institution in a loan to me/us. I/We understand, in the event of default on the loan MCE may report the loan on my personal and business credit.
     2. We understand our checking/savings account will be automatically debited for the monthly payments at no charge. If I choose not to accept automatic debit the interest rate will be 2% higher than the quoted rate.
     3. We certify that I/We will comply with Title VI of the Civil Rights Act of 1964, as amended (42 USC 2000d-2000d 4), the requirements imposed by or pursuant to regulations issued for the Department of Commerce and designated as 15 CFR Subtitle A Part 8, and any amendments thereto.
     4. We agree to comply with the provisions of Section 112 of Public Law 92-65 (42U.S.C. 3123) the requirements imposed by or pursuant to the regulations of the Economic Development Administration promulgated in 13 CFR part 311 (as explained in the April 1979, EDA Civil Rights Guidelines) and any amendments thereto. I/We agree to comply with Sections 504 of the Rehabilitation Act of 1973 (26 USC 794) and 15 CFR Part 8b, Subsections a,b,c and e (Regulations of the Department of Commerce implementing Section504 of the Rehabilitation Act), and the Age Discrimination Act of 1975 (42 USC 6101). Such requirements hold that no person in the United States shall on the ground of race, color, national origin, sex, handicap, or age be excluded from participation in, be denied the benefits of, or be otherwise subjected to discrimination under any program or activity for which Federal financial assistance has been extended.

102. Section 7: Acknowledgement

     I, hereby understand that if I am approved for a loan through Maryland Capital Enterprises the following conditions may apply (please check all the boxes):
103. *
     1. The loans provided by Maryland Capital Enterprises are personally guaranteed, making any person guarantying the loan,
     personally responsible for its full and complete repayment along with any accrued interest, late fees, and/or legal fees.*
104. *
     2. If the business is moved outside of the state of Maryland or ceases to operate, the loan may come due immediately,
     requiring full repayment, or potential loss of pledged collateral.*
105. *
     3. The loan committee reserves the right to adjust terms or amounts for your loan request, as it deems necessary.*
106. *
     4. As part of the loan agreement, Maryland Capital Enterprises will have MANDATORY site visits at least four times a year
     where business will be reviewed. Current financial statements will need to be submitted at that time.*
107. *
     5. Maryland Capital Enterprises reserves the right to review your credit reports during the repayment of the loan.*
108. 6. Agree to allow MCE to use my name, business name and picture in Maryland Capital Enterprise’s public relations effort.*
109. Please initial that you’ve read and understand the above conditions.*
110. *
     7. By checking the box, you consent that you’ve read and understand the above conditions.*
111. I authorize MCE to make inquiries as necessary to verify the accuracy of the statements made and to determine my creditworthiness. MCE reserves the right to pull periodic credit reports during the repayment of the loan. I certify the above and the statements contained in the attachments are true and accurate as of the stated date(s). These statements are made for the purpose of either obtaining a loan or guaranteeing a loan. I understand FALSE statements may result in forfeiture of benefits and possible prosecution by the U.S. Attorney General. (Reference 18 U.S.C. 1001)
112. Borrower #1*
     First Last
113. Social Security #*
114. Date of Birth*
     MM slash DD slash YYYY
115. Digital Signature*
     First Last
116. Date*
     MM slash DD slash YYYY
117. Consent*
     I agree to the above terms.
118. Email
     This field is for validation purposes and should be left unchanged.