Could Your Business Benefit from a VOLT Fund Loan?

Date: August 16, 2016 Last Edit: August 17, 2016

Up to $500,000 loans available to small businesses.

Could Your Business Benefit from a VOLT Fund Loan?

The VOLT Fund is a statewide business
financing program that receives 1.5 percent of the revenue from video lottery
terminals at Maryland casinos, and your business could receive part of this

 Small businesses, as well as
minority-, women-, and veteran-owned businesses, could be eligible for loans
ranging between $25,000 and $500,000 for a variety of financing needs, such as:

  • Business and commercial real estate acquisition and
  • Lease-hold improvements
  • Equipment and vehicle purchase
  • Working capital

Businesses must employ fewer than
500 employees and earn average annual revenues of $35 million or less over
three years to qualify. Additionally, half of the VOLT funds must go to
businesses within a 10-mile radius of one of Maryland’s three operating

The VOLT Fund is managed by Anne
Arundel Economic Development Corporation for the Maryland Department of
Commerce. To learn more and apply, visit 

Related Content: News | Money | Financing Basics | Loans | Maryland

Subscribe For Free News And Tips

Enter your email to get FREE small business insights. Learn more

Get to know NFIB

NFIB is America's leading small business association, promoting and protecting the right of our members to own, operate, and grow their business

Find out more about
NFIB Membership

Or call us today



State Issues

Choose Your State


YEF Foundation Research Center Legal Foundation

Member Benefits