Revolving Loan Fund Program (RLF)

South Florida Regional Planning Council (SFRPC)

Miami-Dade County
Broward County
U.S. CITIzens and residents
Coming Soon

The South Florida Regional Planning Council works with the U.S. Department of Commerce, Economic Development Administration to provide low-interest rate loans to small- and medium-sized businesses in counties of Miami-Dade, Broward, and Monroe. The Council’s Revolving Loan Fund (RLF) Program is designed to meet the needs of businesses that are not met by conventional lenders.


  • Loans between $25,000 and $500,000
  • Offer a holistic approach to approving loans
  • Fixed rate of 7% interest
  • Monthly payments
  • 5 to 10 year loan terms with extensions to 15 years for real estate
  • Minimum of 500 credit score but are flexible
  • Non-profits are eligible to borrow

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  • Must be located in Miami-Dade, Broward or Monroe counties
  • It should be an existing business looking to expand or relocate, create jobs, and/or retain jobs
  • Applicant must show proof of having attempted to secure financing through a conventional banking institution
  • RLF funds should only be used for gap financing where a bank is the first lien holder
  • Owner must inject or have a 10 to 20 percent equity stake in the project
  • Funding cannot be used for the acquisition of a business, business assets, or stock
  • Unsecured lending is not permitted
  • Funding cannot be used as a line of credit
  • RLF loans must leverage private investment of at least two dollars for every one dollar of such RLF loans
  • Number of jobs created/retained against amount loaned (Must be at least 1 job for every $20,000 loaned from the RLF)
  • Meet application requirements

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Actively Lending Now

To apply, please complete the SFRPC-RLF application; provide a business plan, business and personal financial statements, tax returns, and appraisals for equipment, land and other business assets. For more information, contact: Jeffrey R. Tart, Senior Loan Officer at or Joyce Hall, Financial Specialist at


Do you need help?

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


Collateral pledged for each loan will depend upon the RLF loan amount, the overall credit risk, and the personal and business assets pledged as collateral. Personal guaranties by all parties with more than 20% ownership interest will be required as well.


The Southeast Florida Community Development Fund, Inc.’s (SFCDFI) is a certified Community Development Financial Institution (CDFI) and an independent 501(c)3 nonprofit organization, whose primary mission is to promote community and economic development, access to capital for small businesses, and job creation. The SFCDFI contracts with the South Florida Regional Planning Council for lending expertise, loan management, and administrative and staff support. CDFIs are mission-driven financial institutions that are dedicated to providing financial services to meet the needs of economically disadvantaged individuals within underserved communities.

SFRPC also partners with Urban League of Broward County to provide technical assistance to all borrowers through their Entrepreneurship Center.

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