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WV
Last updated: July 11, 2025
West Virginia Business Funding Guide
West Virginia faces challenges in SBA lending in 2025, with average loan sizes around $400,000 and limited lender density outside metro areas. Mining and energy businesses may qualify for targeted funds, but access to working capital remains uneven. Entrepreneurs may benefit most from pairing SBA programs with local development authorities or mission-based lenders.
1,764,340
Population
395000
Avg. Funding Amount
Mining
Business Climate
3
Major Cities
Major Business Centers
Charleston
Huntington
Morgantown
Top Business Funding Topics for West Virginia
Essential reading for West 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 West Virginia businesses and market conditions.
12 min read
Read Guide