← Back to Blog
VA
Last updated: July 11, 2025
Virginia Business Funding Guide
Virginia continues to offer a strong SBA lending environment in 2025, especially in defense contracting, government services, and cybersecurity. Average SBA loan amounts reach $530,000, and the D.C. metro area supports a dense lender ecosystem. Entrepreneurs in Richmond and Norfolk can access capital through a wide variety of banks, fintechs, and economic development partners, making Virginia a reliable state to get a business loan.
8,757,467
Population
530000
Avg. Funding Amount
Defense
Business Climate
3
Major Cities
Major Business Centers
Richmond
Virginia Beach
Norfolk
Top Business Funding Topics for Virginia
Essential reading for Virginia 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 Virginia businesses and market conditions.
12 min read
Read Guide