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MD

Maryland Small Business Development Financing Authority (MSBDFA) – Loans for Veteran-Owned Businesses

Maryland's primary state financing authority for small and diverse businesses; explicitly serves veteran-owned businesses among other underserved groups; $45M in SSBCI funding; provides loans for machinery, equipment, real estate, leasehold improvements, and working capital for Maryland small businesses including veteran-owned firms that cannot access conventional financing.

About this program

Visit the program website for full details.

Eligibility

Maryland-based veteran-owned and other small businesses seeking financing for machinery, equipment, real estate, leasehold improvements, or working capital; must demonstrate need for financing not available from conventional sources.

Requirements

  • Maryland-based veteran-owned small business
  • Demonstrate need for financing not available from conventional lenders at reasonable terms
  • Contact MSBDFA through the Maryland Department of Commerce at business.maryland.gov/fund/msbdfa