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LoanBaltimore, MDActiveVerified

Baltimore Business Loan Fund (BBLF)

Baltimore Development Corporation (BDC)BAL-BBLFRefreshed 1 month ago
Do I qualify?
Max funding

$500K

per applicant

Type

Loan

Below-market financing

Deadline

Rolling

No fixed cutoff

Timing

Rolling

Apply when you're ready

Complexity

Moderate

Underwriting required

About This Program

Provides gap financing loans to Baltimore City businesses that cannot secure full conventional funding. Supports startups, expansions, and relocations that create jobs for Baltimore residents.

Key Requirements & Eligibility

  • 1Business must be located in or relocating to Baltimore City
  • 2Must create or retain at least 2 full-time jobs per $25,000 borrowed
  • 3Loan size: $25,000–$500,000
  • 4Priority: minority-owned, women-owned, and veteran-owned businesses
  • 5Personal guarantee and collateral required

Do I qualify?

Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.

0 of 5 answered

1.Business must be located in or relocating to Baltimore City

2.Must create or retain at least 2 full-time jobs per $25,000 borrowed

3.Loan size: $25,000–$500,000

4.Priority: minority-owned, women-owned, and veteran-owned businesses

5.Personal guarantee and collateral required

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