SBA Loans in College Park, MD
Unlock the power of the SBA to fuel your business growth, with flexible terms and low rates
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Great Rates, Less Requirements & Smaller Down Payments
SBA loans in College Park, MD are a reliable way to fund your small business goals. StartCap offers competitive rates and streamlined support, helping you achieve success without unnecessary delays. Secure the funding you need to take off.
Rates as Low as 6%
Yes, you read that correctly—access SBA loans with competitive rates that help your business thrive.
Terms up to 25 Years
Enjoy long repayment terms, giving you the flexibility to manage your cash flow over time.
Flexible Uses
Use your SBA loan for working capital, equipment, real estate, or other business expenses.
We're More Than College Park SBA Loans
StartCap empowers businesses in Prince George's County with financial solutions that foster growth and development. Whether you're scaling up or managing cash flow, we offer the tools necessary to take your business to the next level.
From idea to orbit, we've got you covered.
No matter where you're at in your journey, we have options to help you get to the next level.
Idea-Stage
Got a brilliant idea and ready to launch? We’ll help you get registered with your state and secure the funding you need to take off.
Early-Stage
Lifting off can be tough, but it doesn’t have to be. We’re here to give your new venture the boost it needs to soar.
Well-Established
Keep operations running seamlessly with the right funding for vendors, inventory, payroll—whatever your business needs to stay on course.
+ 3-Months of Free Digital Marketing
For a limited time, our expert in-house marketing team is offering 3 months of premium marketing services—valued at $20,000—to help drive leads and sales for your start-up, whether you're in College Park or nationwide.
Here's a truck load of stuff to get kicked off
Find SBA Loans Near College Park, MD
In College Park and surrounding regions, entrepreneurs can access the financial support necessary to scale operations. Custom solutions are available to help your venture reach its full potential. From Riverdale Park to Hillandale and beyond, we're your credit line specialists.
SBA Loan FAQ's
College Park, MD thrives with academic energy and small business potential, creating an environment ripe for innovative enterprises seeking financial support. Local founders exploring Small Business Administration (SBA) loan opportunities find multiple resources within Prince George's County's dynamic business ecosystem.
Here are a few local suggestions:- Sandy Spring Bank at Baltimore Avenue & Route 1
- M&T Bank at Campus Drive & Berwyn Road
- Navy Federal Credit Union at Greenbelt Road & Kenilworth Avenue
- Tower Federal Credit Union at Cherrywood Lane & Campus Drive
- PNC Bank at Baltimore Avenue & Knox Road
- Capital One Bank at Paint Branch Drive & University Boulevard
Securing appropriate financing requires strategic planning for new business owners. Local lenders understand regional economic nuances and offer tailored SBA loan programs designed for startup growth, equipment purchases, working capital, and expansion initiatives specific to Maryland's entrepreneurial landscape.
Note: StartCap is not associated with the above lenders in any way. Contact your local branch for the most accurate information & requirements.Interest rates for SBA loans in College Park, can vary widely based on the lender, loan type, and your personal credit profile. Traditional banks typically offer rates between 6% to 12% for well-qualified borrowers, though approval can be strict. SBA loans in College Park, which are popular for new businesses, generally have rates ranging from 6% to 13%, depending on the loan program. Alternative and online lenders may have higher rates, often between 6% to 30%, as they take on more risk, offer more flexible requirements, and time to funding is much faster.
Yes, your business needs to be registered with the state to qualify for SBA funding. However, to receive funding from StartCap, your business doesn't need to be registered with the state. We can help you explore alternative funding options that rely more on personal credit, income, or assets if you're not registered. Or, we can help you to get registered.
Small businesses in College Park, Maryland typically qualify for SBA loans across diverse sectors. Local retail shops, professional service providers, technology startups, and restaurant establishments near the University of Maryland campus frequently meet federal lending requirements.
Service-based businesses like HVAC contractors, plumbing companies, construction firms, and local graphic design studios can access SBA financing. Prince George's County entrepreneurs with established credit histories and operational businesses for two or more years often receive preferential loan consideration.
