Low-Interest Loan for Small Businesses and Nonprofits in Miami-Dade County
Receive a loan up to $10K, $25K, or $100K 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:
As soon as possible. Applications are due September 30, 2024.
You should apply if you
Have a small business or nonprofit in Miami-Dade County with less than $1 Million in revenue or annual budget.
Owned or led by a person who is one or more of the following: Black, Disabled, Hispanic/Latino, LGBTQ+, Middle Eastern/North African, Military veteran, Native or Indigenous, or Refugee.
Have been in operation for at least 2 years.
Are in good financial standing and can provide proof of proper business registration.
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 log in 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 log in and apply.
3
Once you set up an account, you will receive an email from openforbusiness@miamiofbloans.org with additional information.
