Baltimore Community Lending

Baltimore Community Lending makes loans to small real estate developers, startups, and small business owners who have no relationship with or are unable to get a loan from a bank.

About

Baltimore Community Lending is a US Treasury certified nonprofit Community Development Financial Institution. BCL provides loan capital to small real estate developers and small business owners who have no relationship with or are unable to get a loan from a bank, and who are committed to developing underserved neighborhoods. Our service area is Baltimore City, Baltimore County, Anne Arundel County, Carroll County, Anne Arundel County, Harford County, and Howard County.       Through our real estate arm, Baltimore Community Lending provides loan capital for bricks real estate development. We work with different types of borrowers—from developers and individual investors, to nonprofits and community partners—to transform and revitalize Baltimore neighborhoods. BCL provides financing to develop affordable housing, community facilities and mixed-used developments in under-served Baltimore neighborhoods. Our underwriting criteria is flexible enough to consider most requests that fit our community development mission. We also provide technical assistance on financial structuring, construction management and oversight.       Through our small business arm, we make small business loans to entrepreneurs in Baltimore City, Baltimore County, Anne Arundel County, Carroll County, Anne Arundel County, Harford County, and Howard County who have no relationship with or are unable to get a loan from a bank, and may not have collateral. We also partner with institutions to meet the needs of various small business owners. All applicants must work with a small business coach, provided by BCL, prior to submitting a completed application. The one-on-one coaching is free and customized to each borrower’s level of knowledge, experience, and availability. CONTACT: Sean E.L. Russell, Senior Loan Officer – 410-727-8590 x725 or sean.russell@bclending.org & Dierdra Pressley – 410.727.8590 x723 or Dierdra.pressley@bclending.org

Services Provided

Business Planning

  • Business Plan Consulting, Development and Review

Financial Resources and Assistance

  • Obtaining Debt Funding
  • Loan Providers

Economic and Site Development

  • Revitalization

Financial Resources and Assistance

  • Tax Credits

Training

  • Trade Education and Training

Financial Resources and Assistance

  • Real Estate Finance

Tax Services

  • Tax Credits

Financial Resources and Assistance

  • Micro Loans
  • Economic Development Lending
Primary Contact
Melissa Badeker
Address
875 hollins st.
Ste. 301
Baltimore, MD 21201
Fax
(410) 319-0734