Business Loans in Maryland

Maryland has a diverse economy that relies on a variety of industries and businesses. With its geographic location on the east coast there is an abundance of opportunities for small businesses to flourish.    

Potomac Mutual Trust provides Maryland businesses with the proper financing to execute when opportunities arise, smart businesses owners are prepared with financing to take advantage of these opportunities. 

There are also a lot of major corporations located in Maryland that provide a large amount of jobs and revenue for the state. IBM, Amazon and the Social Security Administration are some of the top revenue producing companies in Maryland. These large companies hire small firms to complete projects and carry out services.  

• Acquire small business loans
• Refinance existing loans and credit card debt
• Purchase or refinance commercial real estate
• Buy or lease machinery and equipment
• Purchase inventory and raw materials
• Improve cash flow
• Marketing and advertising campaigns
• Upgrade technology and business software
• Renovate existing office space
• Day-to-day operating expenses

 In today's competitive business landscape, securing adequate capital is paramount for growth, innovation, and sustainability. Whether you're a startup founder or an established business owner, understanding the nuances of business capital can significantly impact your company's trajectory.   

This is the capital used for day-to-day operations, ensuring the business can meet its short-term liabilities and operational needs. Effective management of working capital is crucial for maintaining liquidity and operational efficiency 

A merchant cash advance is not a loan but an advance on future sales. Providers of MCAs give businesses a lump sum of cash upfront. In return, businesses agree to repay the advance by allowing the MCA provider to take a fixed percentage of their monthly sales until the advance is repaid in full, along with a fee.

Small business rescue funding is designed to help Maryland, Washington DC and Virginia businesses navigate financial challenges, especially during economic downturns, natural disasters, or other unexpected events. This type of funding is crucial for maintaining operations, preserving jobs, and stabilizing the economy.