Black Business Loan Program

Introduction
(www.FloridaJobs.org/BBLP)

The Black Business Loan Program provides loans, loan guarantees, or investments through Loan Administrators to black business enterprises that cannot otherwise obtain capital through conventional lending institutions but who could otherwise compete successfully in the private sector.

If the Black Business Loan Program is appropriated funds in a fiscal year by the Florida Legislature, the Florida Department of Economic Opportunity (DEO) will distribute an equal amount of the appropriation to the Loan Administrators that have been certified for that fiscal year.

Black Business Loan Program Administrators - Contact Information

Small Black Business Enterprises interested in receiving capital through this program may contact a Loan Administrator to find out how to apply:

• Miami Bayside Foundation
  • 25 SE 2nd Avenue, Suite 240
  • Miami, Florida 33131
  • Phone: (786) 703-5768
  • Miami Bayside Foundation - Loan Programs
• Florida A&M University Federal Credit Union
  • 1610 S. Monroe Street
  • Tallahassee, Florida 32301
  • Phone: (850) 300-7281
  • Fax: (850) 222-5401

Additional Resources

• State of Florida Department of Management Services: Office of Supplier Diversity
• Minority Business Development Agency US Department of Commerce
• The National Minority Supplier Development Center
• Prospera Hispanic Business Initiative Fund