Nonprofit Bridge Loan Program through the Department of Commerce
Nonprofit Interest-Free Micro Bridge Loan Account (NIMBL)
The Nonprofit Interest-Free Micro Bridge Loan Account (NIMBL) provides eligible nonprofit organizations with interest-free loans of up to $25,000 to help cover operating expenses while they wait to receive funding from a government grant or contract.
To qualify, a nonprofit organization must have an active government grant or contract that will provide the funds needed to repay the loan.
For eligibility requirements, application information, and other program details, visit the Maryland Nonprofit Development Center Program and Fund – Nonprofit Interest-Free Micro Bridge Loan Account (NIMBL).