- Maryland has not enacted a commercial financing disclosure law as of June 2026; SB 881 (the Small Business Truth in Lending Act) passed the Senate 42-0 but stalled in the House, so business MCAs remain under general contract and consumer-protection law.
- The high-value economy spans biotech and life sciences along the I-270 corridor, cybersecurity and defense around Fort Meade, federal contracting, healthcare, and the Port of Baltimore.
- Most of the state is served by the Baltimore SBA District Office, while Montgomery and Prince George's counties fall under the Washington Metropolitan Area District Office.
Funding the Maryland economy
Maryland is small but exceptionally high-value. The Montgomery County I-270 corridor is one of the country’s leading life-sciences hubs, clustered around the National Institutes of Health and a dense network of biotech firms. To the east, Fort Meade and the NSA anchor a nationally significant cybersecurity and defense economy, and the broader Washington region keeps federal contracting central to the state. Baltimore adds the Johns Hopkins health and research system plus a working port that handles more automobiles than almost any other in the nation.
Industries we fund across Maryland
- Biotech & life sciences — equipment financing and working capital for labs and suppliers along the I-270 corridor and in Germantown.
- Government contractors — bridge and contract financing to cover payroll and materials while waiting on federal payments around Fort Meade and the DC metro.
- Healthcare — practice financing and build-outs across the Baltimore region and Howard County.
- Professional & technical services — short-term working capital for the state’s large base of consulting, engineering, and IT firms in Columbia and beyond.
- Logistics & trades — equipment loans and lines of credit tied to the Port of Baltimore and regional construction.
What the rules mean for you
Maryland has not yet enacted a commercial financing disclosure law. A 2026 bill — SB 881, the Small Business Truth in Lending Act — would have required APR-style disclosures and provider licensing, and it passed the Senate 42-0, but it stalled in the House and did not become law. For now there’s no state-mandated standardized cost disclosure on merchant cash advances, so the burden is on you to compare offers carefully: factor rate, total repayment, holdback percentage, and any fees. Hoss Capital only works with partners who present these terms transparently.