The Miami Foundation, one of the largest philanthropic institutions in South Florida, announced today that its Miami Open for Business program is accepting loan and grant applications from historically underserved small business owners in Miami-Dade County. Funded with a $20 million grant from Wells Fargo announced earlier this year, the program aims […]
Tag: small business loans
Need to know: Here is a list of disaster assistance programs and other grant/loan opportunities
A number of programs have been activated to assist businesses impacted by Hurricane Ian. For the benefit of impacted businesses in Miami-Dade and Monroe Counties, see below a list of available resources. Also included in the list are additional grant/loan programs. Please note that these may not be specific to […]
A Miami bank receives $250M from the US Treasury to make loans to minority-owned small businesses
Banesco USA will be offering low-interest commercial loans to Miami-area companies, mainly minority-owned small businesses. The Coral Gables-headquartered bank, which focuses on commercial lending in South Florida and Puerto Rico, received a $250 million capital injection from the U.S. Treasury. With that money it will increase lending to small and […]
Need to finance real estate or equipment? Don’t overlook the SBA 504
Are you a looking to finance a commercial real estate or industrial equipment purchase for your growing small business? If so, an SBA 504 loan may be right for you. Jacqueline Sousa, regional director of Florida SBDC at FIU, says many small businesses don’t know about – or don’t understand […]