Conventional Loans

Providing Loans to Minority Businesses in the City of Miami

Conventional Loans

Conventional loans are available from $10,000 to $50,000. Loans up to $100,000 are available under special circumstances.

Here is what some of the loan recipients had to say about the effects of receiving a loan through the MBF:

The loan from the MBF gave Miami Smokers the ability to go from start-up to reality.

Andres Barrientos

Co-Owner and Founder , Miami Smokers

The MBF gave me cash flow to expand my dreams.

Mariana Cortez

Owner and Founder, Bunnie Cakes

Nothing gets easier when you get a loan. On the contrary, it is a major responsibility. However, the MBF helps you understand the importance of prioritizing the key elements of your company. Understanding the priorities what allowed me to strategize differently. It was when I went through the process of this loan that I realized it. Hopefully my plan is on the right path to take Sugar Yummy Mama to the next level.

Giselle Pinto

Owner, Churros + d/b/a Sugar Yummy Mama

The funds from the MBF helped us grow key elements of our business including hiring new staff and expanding our sales.

Elizabeth Karwowski

Owner and Founder, Get Credit Healthy

Minimum Criteria

Please review the following to be considered for a loan:

  1. Minority ownership (see loan application);
  2. Domiciled in the City of Miami, as stated in the organization’s occupational license. (To verify that you fit this criteria, please click here to view a map of the City of Miami and its boundaries);
  3. If a start-up (under one year), owners must put up a 20% cash match;
  4. Owners must be United States Citizens or Lawful Permanent Residents;
  5. The organization must be a for profit corporation. No sole proprietorships;
  6. The organization must demonstrate that the loan will aid in the creation of new jobs;
  7. The purpose of the loan: working capital, cash flow, inventory, and equipment.

If you are interested in applying for such a loan, you must download an application from the link provided below.
Before downloading the necessary paperwork to begin the loan application process, please be aware of some important details:

Application Form

To download the application, please fill out the following information:

IMPORTANT NOTE: In order to download the application, please provide accurate information on the form below.

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.