- As of mid-2026 West Virginia has no commercial financing disclosure law or registration requirement; MCAs are treated as purchases of future receivables, outside the state's lending-license and usury frameworks (W. Va. Code Chapter 46A).
- Healthcare and education are now the largest employers, alongside core energy (coal and natural gas) and chemicals industries and new advanced-manufacturing projects like Nucor and Form Energy.
- A single SBA West Virginia District Office in Clarksburg serves all 55 counties with 7(a), 504, and microloan programs.
Funding the West Virginia economy
West Virginia is in the middle of an economic transition. Coal and natural gas remain major output drivers, and chemicals manufacturing — concentrated along the Kanawha and Ohio River valleys — is still the state’s single-largest manufacturing subsector. At the same time, healthcare networks like WVU Medicine, Charleston Area Medical Center, and Mon Health have become the state’s biggest employers, and a string of large advanced-manufacturing projects — Nucor’s steel mill in Mason County and Form Energy’s battery plant in Weirton among them — are bringing new jobs and supply-chain demand. That shift keeps capital needs strong across very different kinds of businesses.
Industries we fund across West Virginia
- Healthcare — practice financing and build-outs around Charleston, Huntington, and Morgantown.
- Energy & natural gas — equipment financing and working capital for the coal and Marcellus/Utica supply chains.
- Chemicals & manufacturing — equipment loans and lines of credit for plants along the Kanawha and Ohio River valleys.
- Tourism & outdoor recreation — working capital for lodging, guides, and hospitality businesses tied to the New River Gorge and ski country.
- Construction & trades — equipment financing and lines of credit supporting new industrial build-out.
What the regulations mean for you
As of mid-2026, West Virginia has not enacted a commercial financing disclosure law, and merchant cash advances are generally treated as purchases of future receivables rather than loans — so there’s no standardized state disclosure form. In practice, that puts the burden on you: ask every provider for the total payback amount, the term, all fees, and the effective cost before you sign, and compare offers carefully. Hoss Capital only works with partners who operate transparently.