Low-Cost Loan Program for Existing and Startup Businesses in Broward MSD

For businesses in:

Broward Municipal Services District

Provided by:

Urban League of Broward County

Ideal for:

Existing and Startup Businesses

Get a low-cost loan of up to $150,000 for your existing or startup business.

Coming Soon

Benefits

  • Low-cost loans to be used for any legitimate business purpose including working capital, purchase real estate, materials and inventory, equipment, and general operating expenses. 

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Eligibility

  • Open to all businesses that are located or those planning to locate within the Broward Municipal Services District.
  • Unsure if you are eligible? Visit this site and type in your address. If the results say “unincorporated” you should apply!
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Application

To apply:


  • Download the application at the link provided and submit it to the Entrepreneurship Center Loan Team. 


The Entrepreneurship Center Loan Team is happy to help with completing these documents. If you

need further assistance, please do not hesitate to contact them at smallbizloans@ulbcfl.org or 954-625-2584.

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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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Requirements

Business Items:

  • 2019 and 2020 federal tax returns (entire copy)
  • Interim current year financial statements no more than 60 days old.
  • Business Plan.
  • Three years of financial projections.
  • Disaster Impact Statement.

Personal Items:

  • 2019 and 2020 personal tax returns for any owners owning 20% or more of the Business. 
  • Credit Release Form authorizing NDC to check the company's and owner's credit.

Resources