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MD

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

Maryland's primary state financing authority explicitly serving small, minority, and women-owned businesses; $45M SSBCI funding; in FY2025 deployed $33M+ to Maryland businesses creating 2,450 jobs; Governor Moore announced $3M in latest round (May 2026); managed by Meridian Management Group; provides loans for machinery, equipment, real estate, leasehold improvements, and working capital.

About this program

Visit the program website for full details.

Eligibility

Maryland-based women-owned and other small businesses seeking financing for machinery, equipment, real estate, leasehold improvements, or working capital; businesses unable to access conventional financing at reasonable terms.

Requirements

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