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MD

Maryland DHCD Neighborhood BusinessWorks (NBW) — Small Business Loan Program

DHCD's Neighborhood BusinessWorks program provides gap (subordinate) financing to new or expanding small businesses—including construction and trades contractors—located in Maryland Sustainable Communities and Priority Funding Areas.

About this program

Visit the program website for full details.

Eligibility

New or expanding small businesses and nonprofit organizations located in Maryland Sustainable Communities and Priority Funding Areas. Projects must improve a vacant or underutilized building or site, or include first-floor business or retail space.

Requirements

  • Must be a new or expanding small business or nonprofit in Maryland
  • Business must be located in or moving to a Sustainable Community or Priority Funding Area
  • Project must improve a vacant or underutilized building or site, or include first-floor commercial activity