Enterprise Development Group

Micro Lender that supports and works hand in hand with small business owners in order that they may succeed and prosper. Business loans from $500 to $50,000 and credit builder loans of $500. Counseling for Start-ups and those in need of credit repair.


The Enterprise Development Group is a unique and long standing non-profit organization based out of Arlington, Virginia and in existence for 30 years .  We have been working in the Baltimore area since we opened our office in December of 2016.

As we are new to Baltimore, we are fully engaged in our outreach strategy so that we become accessible as a valuable resource for immigrants, all minorities, and small businesses in Central Maryland.  We serve Montgomery County, Prince George county, Anne Arundel County, Howard County, Baltimore County, and Baltimore City, .

Our services include our innovative Credit Builder loan.

All applicants who apply are reviewed and counseled as we enter the loan process. We then build a relationship with the applicants so that they gain a good understanding of how our services can assist them. Typically, we are working with those who have a dream and want to get started. Then we take the applicant from whatever position they are in at the time through to a position to succeed.

We offer our services and our counsel to help applicants to achieve financial health. We also encourage our clients to create jobs for the community once they are able to.

With 30 years of experience, EDG is intimately familiar with different business categories and we are always looking to increase our knowledge as we pass it on to our clients.

No applicant will walk away from EDG empty handed.


Services Provided

Business Planning

  • Forming a Business
  • Business Plan Consulting, Development and Review

Buying or Selling a Business

  • Purchasing an Existing Business

Economic and Site Development

  • Tax Credits

Financial Resources and Assistance

  • Project Based Funding
  • Loan Providers
  • Tax Credits
  • Economic Development Lending
  • Budget, Financial Statement and Cash Flow Training
  • Micro Loans


  • One-on-One Counseling

Networking Organizations

  • Small Business/General

Starting a Business

  • Startup Classes
  • Startup Business Counseling

Tax Services

  • Tax Registration
  • Tax Preparation Assistance
  • State Tax Credit Information
  • State and Federal TaxTraining
  • Tax Credits


  • Business Plan Training and Assistance
  • Startup Classes
Primary Contact
Fikru Abebe
3411 Bank Street
Baltimore, MD 21224