Tag: bridge loans

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

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 […]