About FSC First

Prince George's Financial Services Corporation t/a FSC First was founded in 1978 as a 501 c (3) non-profit corporation.

FSC First was designated by the U.S. Small Business Administration as a certified development corporation in 1982.

FSC is responsible for promoting the availability of SBA and non-SBA economic development financing programs and providing access to conventional financing to support the growth and development of small and minority-owned businesses in Prince George's County.

In July, 2001, the FSC became an autonomous agency funded by Prince George's County. Shelly M. Gross-Wade was appointed two months later to lead the organization. In September, the FSC established it's corporate offices at 1400 McCormick Drive, Suite 240 in Largo, Maryland.

In November 2004, the FSC moved to 1100 Mercantile Lane, Suite 115A in Largo along with the Prince George’s County Economic Development Corporation.

Why is FSC Different?

The only Certified Development Corporation authorized to issue both the Small Business Growth Fund loan and SBA 504 commercial loan transaction.

FSC is a Community Development Financial Institution as designated by U. S. Treasury Department

The FSC has developed local and regional strategic alliances with key economic development agencies and business resource providers who assist in bringing comprehensive resources to their clients, such as management and technical assistance, bonding, and procurement assistance.

The FSC President and CEO participates in the development & implementation of Economic Development strategies for the County through the Government Operations and Environmental Services Group in the County Executive’s Office.

The FSC has a collaborative network within the County Administration that allows us to assist our clients with more than financing, such as permitting issues, site selection.

Why Choose FSC?

• Staff is comprised of a uniquely qualified team of financing and marketing professionals; Proven track record -- regionally and nationally recognized.
• Committed members of the local business community serve on the Loan Review Committee and Board of Directors;
• Strategic alliances with the Prince George’s County Economic Development Corporation, Chambers of Commerce, MD SBDC-CM,
• City of Bowie, Meridian Management (MSBDFA), SBA and 10-15 local banks;
• Value-added service of complementary management and technical assistance, counseling and training is provided.