BBIF Small Business Loans

BBIF Florida

U.S. CITIzens and residents
Coming Soon

BBIF Florida is a mission-driven organization helping minority-owned small businesses in Florida thrive by providing loans as well as business development training. In addition to BBIF's typical small business loan programs, they are currently offering Payment Protection Program (PPP) loans as part of the U.S. federal stimulus package for businesses affected by COVID-19. 


  • A complete profile of the business is taken under consideration during the evaluation process to find flexible and fair loan terms  
  • Offering business management training

BBIF Loan:

  • $5,000 to $250,000 
  • 1 to 5 year term
  • 1% to 8% interest
  • Payment is required 3 months after loan closing

Payment Protection Program Loan:

  • 1 year loan term
  • 1% interest
  • Maturity of 2 years
  • 6 month deferment period
  • No collateral is necessary
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  • Credit score requirements are flexible
  • Existing business registered in the state of Florida  
  • Owners/co-owners are Green Card holders or citizens
  • Business is generating a profit
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Actively Lending Now

For applications and information, please send an email inquiry to

For applications to the Paycheck Protection Program (PPP) loans, complete the information in the following form.

Visit BBIF Florida

Do you need help?

The organizations listed below are Axis Coalition Members and are ready to help you at no cost.

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  • Copy of personal federal tax returns of most recent 3 years
  • Copy of business federal tax returns of most recent 3 years
  • Business plan & business cash flow projections covering the next 12 months of operations for existing businesses or the first year of operations for startups
  • For regular loans, business assets are required as collateral. If business assets are not enough, personal collateral is required. Some examples include: property, retirement and investment accounts and life insurance.

Please note that additional documentation may be requested when completing a full loan application.


BBIF is a 501(c)4 organization, a  participating lender with the SBA and a certified Community Development Financial Institution (CDFI). CDFIs are mission-driven financial institutions that are dedicated to providing financial services to meet the needs of economically disadvantaged individuals within underserved communities.

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