It’s a growing problem: Small businesses are getting in over their heads with debt, often brought on by the use of online lenders that typically charge higher rates and can require shorter payback periods than banks and other alternatives. Because traditional bank loans are difficult for many small businesses to […]
Tag: financing
Community financing organizations help fill in the lending gaps
Don’t meet bank qualifications for a business loan? Here are three community financing organizations that the Florida SBDC at FIU works with for Miami-Dade and Monroe County businesses. Each of them lends money and has its own criteria. Miami Bayside Foundation The primary mission of MBF is to provide access […]