Finance

Economy, Finance

Florida SBDC at FIU helps local small businesses obtain nearly $4.5 million in bridge loans

This FIU BizNews report was republished here with permission. This report has been updated. The coronavirus has delivered a serious blow to small businesses throughout South Florida, and many are afraid of what the future holds. Amidst this crisis, the Florida SBDC at FIU Business (FSBDC), the small business development center at […]

Disaster Preparedness, Finance

COVID-19: Florida small businesses can now apply for SBA Economic Injury Disaster Loans

Florida small businesses that suffer financial losses from the coronavirus pandemic may qualify for up to $2 million in relief from the U.S. Small Business Administration. The SBA announced on Wednesday that small businesses in all 67 counties of Florida adversely impacted by COVID-19 can now apply for disaster loans. For […]

Disaster Preparedness, Finance

Florida small businesses hurt by COVID-19 can apply now for interest-free bridge loans

Florida Gov. Ron DeSantis activated the Florida Small Business Emergency Bridge Loan Program. What that means: Small businesses that experienced economic injury from COVID-19 can apply for short-term interest free loans up to $50,000. The application period is open now and runs through May 8, 2020. “As we mitigate against […]

Disaster Preparedness, Economy, Finance

For small businesses walloped by coronavirus crisis, SBA announces loan program and state wants to hear from you

UPDATE: Florida Governor Rob DeSantis activates emergency bridge loan program to get interest free short-term loans to small businesses impacted by COVID-19. Read more here.    The U.S. Small Business Administration announced today that it will provide small businesses impacted by the novel coronavirus, COVID-19, up to $2 million in […]