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MD
Last updated: July 11, 2025
Maryland Business Funding Guide
Maryland is a top performer in 2025 for small business lending, supported by robust biotech and cybersecurity sectors around Baltimore and Rockville. With an average SBA loan size of $610,000, the state delivers above-average funding access and approval rates. Entrepreneurs benefit from a mature network of lenders and advisory centers. As a result, Maryland ranks among the best states to get a business loan for companies in advanced tech and health sectors.
6,177,224
Population
610000
Avg. Funding Amount
Biotech
Business Climate
3
Major Cities
Major Business Centers
Baltimore
Columbia
Rockville
Top Business Funding Topics for Maryland
Essential reading for Maryland entrepreneurs seeking business funding
Merchant Cash Advance
#1
Everything you need to know about merchant cash advances, including how they work, costs, benefits, and alternatives - Specifically tailored for Maryland businesses and market conditions.
12 min read
Read Guide