Business Lending

The Maryland Department ​of Housing and Community Development believes that small businesses are the engine that drives our economy. The department offers loans and business growth tools to new and expanding small businesses and nonprofit organizations whose efforts help improve and revitalize existing commercial districts and town centers. Our Neighborhood BusinessWorks loan program is used by small businesses and lending partners to provide financing options during all phases of business growth. The department is seeking to strengthen our partnerships with banks, community development financial institutions (CDFI’s) and mixed-use developers to explore how to help lenders and entrepreneurs turn business plans into actual, brick and mortar businesses.

Small Business Lending ​Solutions


Business Lending Solutions

Small businesses and startups in Maryland can get help to grow through a range of financing programs available from the Maryland Department of Housing and Community Development.

State Small Business Credit Initiative

State Small Business Credit Initiative (SSBCI)


State Small Business Credit Initiative (SSBCI) The State Small Business Credit Initiative will provide funding for small business financing programs, including capital access programs; loan participations; loan guarantees; collateral support, and; venture equity programs. ​

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Project Resto​re 2.0

Project Restore 2.0 provides financial support to place-based economic development organizations to activate vacant buildings, support small businesses, create jobs, improve commercial corridors, and increase local economic activity.​

Opportunity Zones

Opportunity Zones

Looking to start or expand your business? The Opportunity Zone program may be a great way to source additional capital and receive federal tax incentives.

Support Businesses in Your Comm​unity with Len​ding Solutions

Learn how Neighborhood BusinessWorks can ​help support local businesses and entrepreneurs