Looking to start or grow a business in Baltimore?

Apply Today!


About

Baltimore Business Loans is a nonprofit organization offering interest-free business loans of up to $25,000 to help local entrepreneurs launch or grow their businesses.

Baltimore Business Loans has supported more than 20 businesses across Baltimore, including The Therapy Spot, Lion Fitness, Delightfully Sweet, Aufschnitt Meats, One Above Driving Academy, and AdinaB Salon.

How Does the Application Process Work?

📋 Complete a Short Application
Share basic information about your business and funding needs.

🤝 Meet with a Loan Advisor
Once your application is accepted, you'll meet with a loan advisor to review your request and discuss your business goals.

👥 Meet with the Loan Board
Once your documents and business structure are ready to present, you will meet with our board for 30-60 minutes to present your business plan.

💵 Receive Your Loan
After your meeting, approved applicants receive their loan within 3-5 business days.

🗓️  Repay Your Loan
Repayment is made in 33 monthly installments beginning with month four so that your loan is fully repaid within three years of receiving funds.

Ready to Take the Next Step?

Learn More & Apply Today!

Questions? Contact us at info@baltimorebusinessloans.com