A loan program designed with you in mind.
Ready to grow but need capital?
Black-owned businesses often have difficulty accessing capital. The Black Business Loan Program (BBLP) provides loans to Black-owned businesses that have difficulty obtaining funding through conventional lending institutions but have successful business models.
WHO SHOULD APPLY?
For-profit Black-owned businesses located in Miami-Dade, Broward and Palm Beach Counties.
wHAT ARE THE LOAN TERMS?
Loan amounts from $10,000 to $100,000 at competitive interest rates with up to five-year terms.
How can the loan be used?
You can use the funds for working capital, startup funding, equipment purchases, and more.
What do I need to apply?
Personal and business tax returns
Personal & business bank statements Business financial statements
Business plan (for startups)
Marketing & Operations plan
No bankruptcies in the last year
Resources for black-owned business owners