Business Finance Group, Inc. is proud to announce the donation of $50,000 to Maryland Capital Enterprises, Inc. to provide funding for U.S. Small Business Administration loans. The presentation was made by Business Finance Group President Rick Frank to Maryland Capital Enterprises Executive Director Maurice Ames September 12 in the office of U.S. Senator Ben Cardin of Maryland. Business Finance Group is a Certified Development Company chartered by the SBA with the primary focus of making SBA 504 loans. Headquartered in Fairfax, VA with offices in Gambrills, MD, Washington, DC, Richmond, VA and Hedgesville, WV, Business Finance Group is the largest SBA 504 lender in the Mid-Atlantic region. Maryland Capital Enterprises is a Community Development Financial Institution headquartered in Salisbury, MD, making small business and microloans to borrowers that are underserved by traditional lenders.
Business Finance Group President Rick Frank stated, It is our pleasure to donate these funds to Maryland Capital Enterprises in the spirit of continuing both entities common mission of supporting and being catalysts for economic development and job creation through U.S. Small Business Administration loan programs. Maryland Capital Enterprises professionally serves markets within our footprint and they were a natural choice for being a recipient of this donation.
BFG has assisted over 2,800 small businesses to finance over $3.2 billion in projects resulting in the creation of over 28,000 jobs. For more information on obtaining SBA 504 financing, visit http://businessfinancegroup.org or call 800-305-0504.