Maryland Department of Business and Economic Development Section 5-1021

      (a)      Subject to the restrictions of this Part IV, the Authority, on application, may provide to an applicant from the Contract Financing Fund the following financial assistance:

            (1)      A guarantee of a loan made to the applicant;

            (2)      A guarantee of an equity investment in the applicant; or

            (3)      If the applicant is unable to obtain money from any other source, a loan to the applicant.

      (b)      In providing financial assistance, the Authority shall recognize the need to serve applicants from all political subdivisions of the State.