Baltimore County offers a range of financial incentives to help businesses expand and grow. These incentives include direct funding programs, tax credits, loan guarantees, and rental assistance programs. Businesses in the county can also benefit from being located in a foreign trade zone (FTZ) and from the Boost Loan Fund program. Additionally, the county provides criminal penalties and enforcement provisions for unfair, abusive, or commercial business practices.
The county can allocate funds to provide funding to any business classified to show receipts by funds and sources of income.
Business growth loans
are direct loans or loan guarantees for new or expanding industrial or commercial enterprises. In partnership with Baltimore County, qualified institutions can create rental assistance programs for businesses moving to the designated area. Tax credits are available to help new businesses invest in property and create jobs, and to help existing businesses expand and grow.The Boost Loan Fund program provides access to capital to specific businesses, including small businesses owned by minorities, women, and veterans in the Baltimore metropolitan area. A lien creditor who is not regularly involved in the motor vehicle finance business is exempt from this requirement. The law repeals the requirement that the foreign LLC also disclose the name or other designation of each series of LLCs operating in Maryland. The Baltimore County Child Support Office will request a child support order and provide placement and enforcement services to Baltimore County residents and others who qualify under legal jurisdiction. Family businesses and national retail chains are neighbors and offer shopping and entertainment experiences throughout the county. In addition to the criminal penalties provided by law, the law provides that a person who has engaged in such practices shall be considered to have committed an unfair, abusive, or commercial business practice within the meaning of the Maryland Consumer Protection Act and shall be subject to the enforcement and enforcement provisions of the law.
The list of financial incentives for Maryland businesses can be filtered to fit your specific business needs. Businesses in Baltimore County have access to a variety of financial incentives that can help them expand their operations and increase their profitability. These incentives include direct funding programs, tax credits, loan guarantees, rental assistance programs, foreign trade zones (FTZs), and the Boost Loan Fund program. Additionally, there are criminal penalties and enforcement provisions for unfair, abusive, or commercial business practices. Direct funding programs provide businesses with access to capital that can be used for expansion or growth purposes.
Business growth loans are direct loans or loan guarantees for new or expanding industrial or commercial enterprises. Rental assistance programs are available through qualified institutions in partnership with Baltimore County. Tax credits are available to help new businesses invest in property and create jobs, as well as help existing businesses expand and grow. The Boost Loan Fund program is specifically designed for small businesses owned by minorities, women, and veterans in the Baltimore metropolitan area.
This program provides access to capital that can be used for various business purposes. Additionally, lien creditors who are not regularly involved in motor vehicle finance business are exempt from certain requirements under this program. The Baltimore County Child Support Office provides placement and enforcement services for those who qualify under legal jurisdiction. This office also requests child support orders when necessary.
Family businesses and national retail chains offer shopping and entertainment experiences throughout the county as well. Finally, those who engage in unfair, abusive, or commercial business practices may be subject to criminal penalties as well as enforcement provisions under the Maryland Consumer Protection Act. Businesses can filter through a list of financial incentives available in Maryland to find those that best fit their needs.
