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Financing Assistance

Baltimore County offers direct financing programs designed to encourage investment and job creation in the County. Private sector financing is leveraged with below market Baltimore County loans to help businesses expand and grow.

Additionally, the County can help you access state, federal and private financing for new and expanding businesses.

Loan Programs


New Program
Small and Minority Business Loan Fund provides access to capital for targeted businesses which include small businesses, minority, women and veteran owned businesses in the Baltimore Metro area. The new fund is capitalized by the Maryland’s tax casino’s revenue. A program requirement is that a minimum of fifty percent of the funds are reserved for companies located within a 10-mile radius of the Maryland Live Casino in Anne Arundel County. Targeted businesses outside of the designated 10-mile radius are also eligible for assistance. The new fund will provide flexible financing to assist in the acquisition of business assets, working capital, equipment, owner occupied commercial real estate, construction of new facilities and lease hold improvements. The Fund will issue loans with terms varying from three to 15 years, depending on the asset being financed.

Business Growth Loans provide direct loans or loan guarantees to new and expanding industrial and commercial businesses. Maximum loan amount is $250,000. Funds may be used to finance the acquisition and improvement of land, buildings, plant and equipment and includes new construction or facility expansion. 

Advanced Technology Loan Fund Direct loans, with the participation of other lending and equity sources, provide for small technology and/or defense related businesses. Maximum loan amount is the lesser of $100,000 or 50 percent of the project's eligible costs. Funds may be used to finance the acquisition and improvement of land, buildings, plant and equipment. This includes new construction or facility expansion.

Tax Exempt Bonds Tax-exempt bond financing is available to manufacturers and 501-C3/non-profit organizations. Bond proceeds may be used to finance the acquisition and improvement of land, buildings, plant and equipment, including new construction or facility expansion. Financing is available from $1,000,000 to a maximum of $20,000,000. IRB's are also available for pollution control and waste treatment facility construction or related equipment purchases.

Small Business Loan Fund provides real estate and fixed-asset loans through a partnership between Baltimore County and the area's leading financial institutions.

Contact Us

Learn more about Financing by visiting Department of Economic and Workforce Development or call 410-887- 8000.

Revised June 19, 2014

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