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:

Saturday, December 14th, 2019 at 6:05am
MBF #SmallBizTips: Set your business's 2020 goals NOW so when January comes you are prepared to hit the ground running. https://t.co/SbU0XfKLNw
Thursday, December 12th, 2019 at 12:01am
MBF #SmallBizTips: Whether you are an introvert, extrovert, or just a networking newbie, here are 11 networking tips to help you connect more confidently and take your business to the next level.
https://t.co/sBRcJ1z9PE
Wednesday, December 11th, 2019 at 3:33am
Congratulations to MBF's newest #LoanRecipient Angie's Epicurean! Make sure to follow them on social media if you've like to try their delicious vegan ice cream and stay updated on the location of their food truck. https://t.co/9qRXbXg8lW
Tuesday, December 10th, 2019 at 12:00am
MBF #SmallBizTips: Think you have a great business idea, but don't know how to start? Join @ScoreMiami's free workshop to understand what is involved in starting a business and how prepared you are. Register at https://t.co/SqVS91dwgr. https://t.co/jRRk2WIBct
Saturday, December 7th, 2019 at 12:00am
MBF #SmallBizTips: Business planning is a great way to spend end-of-year downtime. Use these seven tips to jump-start your business in 2020. https://t.co/ljAdvilv6g

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