# COMAR Title 24 — Department of Commerce

## Subtitle 05 — Economic Development

### Chapter 07 — Small Business Development Contract Financing Fund

#### Regulation .05 Eligible Uses.

*COMAR 24.05.07.05*

The proceeds of the financial assistance shall be used for working capital or for machinery or equipment needed to perform a contract. Machinery and equipment may be financed only if the cost of the equipment can be repaid from contract proceeds and if the Authority has entered into an agreement with the applicant necessary to secure the financial assistance.