BBIF Florida | Products
15288
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BBIF FLORIDA LOAN FUNDS

Black Business

Black Business

Black Business Loan Fund

Provides business loans or loan guarantees to black businesses located in Orange, Seminole, Osceola, and Lake counties. Funds are available to businesses that are at least 51% owned by an African-American business owner. Loan amounts range from $5,000 to $100,000). Eligible businesses must be of good financial condition; loan proceeds must create/sustain jobs.

Micro

Micro

Micro Loan Fund

Provides small, short-term loans to small and minority businesses located throughout Florida. Loan amounts range from $5,000 to $50,000. Eligible businesses must be of good financial condition; loan proceeds must create/sustain jobs.

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Contract Financing

Contract Financing

Contract Financing Loan Fund

Provides loans to minority businesses with acceptable contracts that are located in the Central Florida region. Loan amounts range between $10,000 – $100,000 and must be secured by an acceptable contract. Eligible businesses must be of good financial condition; loan proceeds must create/sustain jobs.

Small Business

Small Business

Small Business Loan Fund

Provides SBA Community Advantage loans to small businesses throughout Florida. This program will require additional attachments at the time of application, including an SBA Personal Financial Statement and Schedule of Collateral form. Pending loan approval, additional SBA forms must be completed. Loan amounts range from $5,000 to $250,000. Eligible businesses must be of good financial condition; loan proceeds must create/sustain jobs.

New Markets Tax Credit Small Business

New Markets Tax Credit Small Business

New Markets Tax Credit Small Business

Provides capital to strengthen businesses and community facilities. Eligible businesses must provide job creation and community enhancement. This fund is currently being developed, however New Market Tax Credit investments are available for eligible business in Florida. Please contact our office for more information.

Disclaimer: BBIF Florida in is an equal opportunity provider.  In accordance with federal law and the U.S. Department of the Treasury policy, this institution is prohibited from discriminating on the basis of race, color, national origin, sex, age or disability.  

THREE STEPS TO START GROWING YOUR BUSINESS

  • STEP 1

    Prepare + Gather

    Our loan officers will need to get and understanding of you and your business.

  • STEP 2

    Apply and Submit

    Carefully review the application sections and required attachments.

  • STEP 3

    Decision

    The loan team will underwrite and review your loan request. All requests are reviewed by our loan committee for a final decision.

Let’s Start Growing Your Business the Smart Way!

OUR CLIENT SUCCESS=BUSINESS GROWTH

WHO+WHAT+HOW+WHY

Florida’s Leading Non-Traditional Lender and Financial Technical Assistance Provider Specializing in Assisting Black, Minority and Underserved Small Businesses

Mission Statement

To develop and promote Black business enterprises through education, training, loans, investments, and other activities and aggressively promote an atmosphere conducive to their development.

Objective

To provide loan capital and business development training to all minority and all underserved businesses.

Strategic Goal

To make BBIF Florida a self-sustaining and high-performing CDFI by utilizing business and real estate development other initiatives as tools for growth.

Approach

BBIF Florida’s approach to developing a successful business is founded in the belief that business success is achieved when the right attitude, capacity, networking, access to capital and opportunities

CERTIFICATIONS + AFFILIATIONS

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