Loan Programs

Providing Loans to Minority Businesses in the City of Miami

Loans

The primary mission of MBF is to provide easier access to funds for minority entrepreneurs.

In 2011, MBF created a loan program to provide loans of $10,000 to $50,000 to City of Miami minority-owned businesses. In 2013, seeing the need for smaller loans with a simpler underwriting process, it launched a microloan program with loans from $2,500 to $10,000. In 2014, MBF partnered with Enterprise Florida, Inc. (EFI) and through their State Small Business Initiative Loan Participation Program, MBF has been able to provide loans of up to $100,000. All three of these loan programs aim to stimulate economic development in the City of Miami by helping minority-owned businesses grow and create jobs.

Since 2011, MBF has awarded 46 loans totaling more than $1.7 million to City of Miami minority-owned businesses, helping to create more than 250 jobs. MBF continues its commitment to providing access to funds for minority entrepreneurs.

Loan Programs

Conventional Loan

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Microloan Program

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Previous Loan Recipients

AUTOPORTATION
AVE D JAZZ, CORP.
BEEFREE MEDIA, LLC
BUNNIE CAKES, LLC
CAMI-AXLE CONSTRUCTION
CHURROS+ d/b/a Sugar Yummy Mama
CREATIVE NAILS BY TOMMY • DOORS, INC.
DTC International Holdings d/b/a H.I.M-istry
FAMA PUBLISHING, INC.
GET CREDIT HEALTHY
GUADALUPE DOLLAR STORE
HAYNES SECURITY SERVICES, INC.
IMR DEVELOPMENT CORP.
IMR CONTRACTING CORP. 

LATITUDE TRADING CORP.
LITTLE EXECUTIVES DAYCARE
LORIMIA FOOD
MIAMI SMOKERS
MED AESTHETICS MIAMI
MEDICAL EQUIPMENT SOLUTIONS CORP.
MIDTOWN DENTAL
MOONLIGHTER INC.
NICE TRANSPORTATION
PANTHER COFFEE
R&A SHOESHINE, INC.
S&S 5 STAR FOODS d/b/a The Pastry Shop by Magic City Chefs
SPINEX MEDICAL
SOUND THEORY LIVE d/b/a The Stage

TRAVELUXOR
TWO COATS PAINTING, INC.
VERY TASTY

For more information please contact (305)379-7070 or email info@192.186.227.164.

Make a Donation

By contributing to MBF you have an opportunity to impact job creation, encourage economic development and improve the future of the City of Miami.