BBIF Florida (BBIF) is a non-profit, mission-driven, Community Development Financial Institution (CDFI) that helps Florida businesses thrive by providing loan capital alongside with business development training. We also help to stabilize low-income, distressed neighborhoods by investing in economic development projects that stabilizing communities and create jobs.
Headquartered in Orlando, Florida, BBIF Florida was created in 1987 out of Florida Statute to provide loan capital black businesses in the central Florida community. The organization has grown from a small regional loan fund to Florida’s leading statewide lender that specializes in providing capital to Black, other minority and underserved businesses.
We understand that black and other minority businesses play a critical role in our economy and need support in order to create jobs.
BBIF Florida (BBIF) and the Financial Business Training Institute (FBTI) are proud to host the Harambee Celebration. Join us as we celebrate Black History Month and recognize the achievements of our clients across the state that exhibit the determination, charisma, dedication and entrepreneurial spirit of..Read More
BBIF Florida (BBIF) is pleased to announce the successful closing of $6 million in New Markets Tax Credit (NMTC) financing that assures Aspire Heath Partners has immediate resources for improving their current 135,000 sq. ft. Mercy Drive facility. The renovation includes converting a floor of..Read More
Inez Long, President/CEO, BBIF Florida (BBIF), has been re-elected to serve on the Opportunity Finance Network (OFN) Board of Directors for a second three-year term. Inez’s re-election came on October 26, 2016 during the OFN Annual Conference in Atlanta, GA. The Opportunity Finance Network (OFN)..Read More
The Black Business Investment Fund of Central Florida (BBIF Florida) is pleased to announce it has been awarded $20 million in New Markets Tax Credits (NMTC) from the U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund for a total of $40 million..Read More
During the BBIF Florida’s Board Strategic Planning Session of 2013, the BBIF Florida Board decided to rebrand BBIF Florida to reflect the organization’s growth and expansion of services and clients throughout the state launching the new organization name, BBIF Florida Florida. BBIF Florida is certified..Read More
May 2010, the BBIF Florida raised $1.05 million for a micro loan fund from the SBA and the ECLA
1992-1998, numerous partners added additional loan capital to the BBIF Florida, SunTrust Bank, Barnett Bank, AmSouth Bank, and the State of Florida (FBBIB). By September 1998, the BBIF Florida in partnership with its banking partners helped to provide $15 Million in loans to Black businesses..Read More
To develop and promote Black business enterprises through education, training, loans, investments, and other activities and to aggressively promote an atmosphere conducive to their development.
To provide loan capital and business development training to all minority and underserved businesses and communities.
To make BBIF Florida a self-sustaining and high-performing CDFI.
BBIF Florida’s approach to successful business development is holistic. BBIF's approach is founded in the belief that in addition to a positive and/or coachable attitude, a business owner needs support in developing and expanding capacity, networking, access to capital and business opportunities.