During FY 2016, BBIF Florida applied for approval from the U.S. Small Business Administration to expand the Micro Loan Program services statewide. The request was approved in late 2016.
Over the last several years we have seen an increase in the number of Micro Loan program applicants and clients.
Adds BBIF Florida Marketing + Communications Officer, Jasmine Gebon adds, “We believe this geographic expansion will be most advantageous for black, minority and underserved small businesses in need of capital between the ranges of $10,000 – $50,000”.
Service territory expansion for SBA Micro Loan Program from regional to statewide, click here to learn more.
December 01, 2016