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Business Loans in West Virginia

Connect with local lenders in West Virginia who understand your market and business needs. From Charleston, Huntington, Morgantown, Parkersburg and beyond.

💰 $105,000 Average
Professional business handshake representing successful loan partnerships

Apply for West Virginia Business Loan

Get pre-qualified in minutes. Our local specialists will review your application and connect you with the best funding options.

The West Virginia Economy

Real-time economic insights powered by Federal Reserve data, showing West Virginia's business climate and growth trajectory for informed lending decisions

Real GDP

$83.7B

+3.5% YoY

Strong economic expansion creates more business opportunities and favorable lending conditions

Unemployment Rate

3.8%

-7.3% YoY

Low unemployment indicates strong job market and consumer spending power

Population

1.77M

-0.03% YoY

Stable population provides consistent market conditions for strategic planning

Per Capita Income

$55.1K

+4.4% YoY

Rising incomes indicate stronger purchasing power and loan qualification potential

GDP Growth Trajectory

Economic Output
$70.0B$75.1B$80.2B$85.4B$71.8B2010$73.2B2011$73.1B2012$73.9B2013$74.1B2014$74.3B2015$73.5B2016$75.2B2017$77.4B2018$77.2B2019$74.6B2020$75.8B2021$77.2B2022$80.8B2023$83.7B2024201020132016201920222024
Latest Value
$83.7B
+3.5%

Unemployment Rate Trend

Labor Market
3.1%5.1%7.0%9.0%5.2%20175.1%20184.9%20198.3%20205.1%20213.9%20223.9%20234.1%20243.8%20252017202020232025
Latest Value
3.8%
-7.3%

Population Growth

Market Size
1.76M1.79M1.83M1.87M1.85M People20101.86M People20111.86M People20121.85M People20131.85M People20141.84M People20151.83M People20161.82M People20171.81M People20181.80M People20191.79M People20201.79M People20211.77M People20221.77M People20231.77M People2024201020132016201920222024
Latest Value
1.77M
-0.03%

Per Capita Income Growth

Purchasing Power
$29.3K$38.9K$48.6K$58.5K$32,6422010$34,4902011$35,2332012$35,0932013$36,2432014$37,0682015$37,0752016$38,8412017$41,0012018$42,6152019$44,8672020$48,7922021$50,1312022$52,8132023$55,1382024201020132016201920222024
Latest Value
$55.1K
+4.4%
Hover for details • Data from Federal Reserve (FRED)

Industries We Serve in West Virginia

From restaurants to construction companies, we connect businesses across all industries with specialized lenders

IndustryTypical Loan AmountCommon Loan TypesLearn More
🍽️
Restaurants
Restaurant and food service businesses n...
$50,000 - $500,000
Equipment Financing
Working Capital
Details
🍺
Bars & Nightlife
Bars and nightlife establishments requir...
$75,000 - $400,000
Equipment Financing
Working Capital
Details
🏨
Hotels & Lodging
Hotels and lodging businesses need subst...
$200,000 - $5,000,000
Commercial Real Estate
SBA Loans
Details
🏥
Medical Practices
Medical practices and healthcare provide...
$100,000 - $1,000,000
Equipment Financing
SBA Loans
Details
🏗️
Construction
Construction and contracting businesses ...
$50,000 - $2,000,000
Equipment Financing
Working Capital
Details
📊
Accountants & Auditors
Accounting firms and auditors need finan...
$25,000 - $300,000
Working Capital
SBA Loans
Details
🚗
Auto Repairs & Sales
Automotive businesses need financing for...
$50,000 - $750,000
Equipment Financing
Inventory Financing
Details
✈️
Aviation & Flight Schools
Aviation businesses and flight schools r...
$100,000 - $3,000,000
Equipment Financing
SBA Loans
Details
💄
Beauty Salons & Spas
Beauty salons and spas need financing fo...
$30,000 - $200,000
Equipment Financing
Working Capital
Details
👶
Child Care & Day Care
Child care centers and day care faciliti...
$75,000 - $500,000
SBA Loans
Equipment Financing
Details
🛍️
Retail Stores
Retail businesses need financing for inv...
$25,000 - $500,000
Inventory Financing
Working Capital
Details
🦷
Dentists & Dental Surgeons
Dental practices need financing for spec...
$150,000 - $800,000
Equipment Financing
SBA Loans
Details
💻
E-Commerce & Internet Sales
E-commerce businesses need financing for...
$20,000 - $300,000
Working Capital
Inventory Financing
Details
💪
Gyms & Fitness Centers
Fitness centers and gyms require financi...
$100,000 - $750,000
Equipment Financing
SBA Loans
Details
🏥
Healthcare & Senior Centers
Healthcare facilities and senior centers...
$200,000 - $2,000,000
SBA Loans
Equipment Financing
Details
🌿
Landscaping Services
Landscaping businesses need financing fo...
$25,000 - $200,000
Equipment Financing
Working Capital
Details
🧺
Laundromats & Dry Cleaners
Laundromats and dry cleaning businesses ...
$75,000 - $400,000
Equipment Financing
SBA Loans
Details
🚐
Transportation & Rental Cars
Transportation businesses need financing...
$50,000 - $1,000,000
Equipment Financing
Working Capital
Details
💊
Pharmacies & Dispensaries
Pharmacies and dispensaries need financi...
$100,000 - $600,000
Inventory Financing
Equipment Financing
Details
🎓
Private Schools & Education
Private schools and educational institut...
$100,000 - $2,000,000
SBA Loans
Equipment Financing
Details
🏠
Real Estate Agencies
Real estate agencies need financing for ...
$25,000 - $300,000
Working Capital
Equipment Financing
Details
🐕
Veterinarians & Animal Hospitals
Veterinary practices and animal hospital...
$150,000 - $800,000
Equipment Financing
SBA Loans
Details
📦
Wholesale & Distribution
Wholesale and distribution businesses ne...
$100,000 - $2,000,000
Inventory Financing
Working Capital
Details
🛡️
Insurance Agencies
Insurance agencies need financing for of...
$30,000 - $250,000
Working Capital
Equipment Financing
Details