Low-Interest Loan for Small Businesses and Nonprofits in Miami-Dade County
Receive a loan up to $100,000 to help pay for a remodel/renovation, purchase vehicles or inventory, refinance predatory debt, convert business to worker-owned co-op, or plan for business succession.
When to apply:
Applications will be accepted on a rolling basis until December 1, 2023.
You should apply if you
Have a minority-owned small business or nonprofit in Miami-Dade County with less than $1M in revenue or annual budget.
Have been in operation for at least 2 years.
Are in good financial standing and can provide proof of proper business registration.
You DO NOT have to be a U.S. Citizen to apply.
How to get started
1
If you own a small business, click here to pre-qualify. Once you pre-qualify, you will be directed to set up an account or login and apply.
2
If you own a nonprofit, click here to pre-qualify. Once you pre-qualify, you will be directed to set up an account or login and apply.
3
Once you set up an account, you will receive an email from openforbusiness@miamiofbloans.org with additional information.
