Black Business Loan Program

For Black Businesses in Miami-Dade County

Minimum Criteria

Under BBLP, loans are available from $2,500 to $75,000. Loans up to $150,000 are available under special circumstances.

To be considered for a BBLP loan, your business must be:

  1. 51% black-owned;
  2. Domiciled in Miami-Dade County, as stated in the organization’s occupational license;
  3. Owned by United States Citizens or Lawful Permanent Residents;
  4. For-profit corporation. No sole proprietorships;
  5. Must demonstrate that the loan will aid in the creation of new jobs; and
  6. Must use funds for working capital, cash flow, inventory, and/or equipment.

Please note, if a start-up (under one year), owners must put up a 20% cash match.

If you are interested in applying for a loan, please fill in the form below to access the downloadable application. Please be aware of some important details:

  • In addition to the completed 12 page-form, the application requires additional documents, which can be found on the checklist on the first page of the application.
  • Be sure to carefully review all your answers before submitting. MBF reserves the right to deny the loan application if any answers are untrue or inaccurate.
  • To submit your form in person, please visit MBF’s offices, located at 25 SE 2nd Avenue, Suite 240, Miami, FL 33131.
  • To submit your form online, please email it to info@miamibaysidefoundation.org.
  • Should you have any questions about the application process, please contact Joann at (786) 703-5768 or email info@miamibaysidefoundation.org.

Application Form

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

Thursday, October 17th, 2019 at 11:00pm
MBF #communitypartner @MDCollege has partnered with @Adobe and @Disney for "Disney Creative Jam." The event starts Oct. 18, introducing students to Adobe Premiere Rush and how to create a simple video. Visit https://t.co/Xd9ITGnheS for more information.
Wednesday, October 16th, 2019 at 11:00pm
MBF #SmallBizTips: Understanding what goes into a balance sheet and what it can tell you about your business is essential for success. Here are 5 things to know about your balance sheet. https://t.co/OnTJwIxVf1 https://t.co/zrB25WOLlA
Tuesday, October 15th, 2019 at 11:00pm
Congratulations MBF #loanrecipients @MiamiSmokers and @PantherCoffee for their feature in Miami Herald's article " @MiamiBeachPop Festival isn’t just about the music: There’s a food festival, too." https://t.co/G4vlAu7TEJ
Saturday, October 12th, 2019 at 11:05am
Miami Jackson High students just returned from a college tour that featured stops at the UCF and Florida Polytech. Thanks to @MiamiBaysideFo. Valley Bank and @MiamiDadeCountyGovernment for making the trip possible. #smartpath #edfundprograms https://t.co/cpa4HXA9iY
Saturday, October 12th, 2019 at 11:05am
Thank you @MiamiBaysideFo and @MDCollege for partnering with our office to offer a free Small Business Training program to help cultivate and grow the backbone of our economy. #SmallBiz #EconomicDevelopment https://t.co/EsFn6Pbl2j

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