For Minority Businesses in the City of Miami


Minimum Criteria

Microloans are available from $2,500 to $10,000.

To be considered for an MBF microloan, your business must be:

  1. Minority-owned (see loan application);
  2. Domiciled in the City of Miami, as stated in the organization’s occupational license. (To verify that your company’s address is in the City of Miami, please click here);
  3. Owned by US Citizens or Lawful Permanent Residents only;
  4. For-profit businesses only. no sole proprietorships;
  5. Must use funds for working capital, cash flow, inventory, and/or equipment; no construction, built-out or purchase of property;
  6. Must be in existence for more than six months;
  7. Credit score 550.

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 8 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 the loan department at (305) 379-7070 ext 204 or email info@miamibaysidefoundation.org.

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

“The MBF gave me cash flow to expand my dreams.”

Mariana Cortez

Owner and Founder, Bunnie Cakes

“The loan helped me at a critical time during our expansion. Because of the fund from MBF, our daycare is not thriving. This is our 22nd year in business.”

Adline Aurubin

Super Kids Christian Day Care, Inc.

“I never imagined I would receive so much from an organization: training, mentoring, and a loan! Miami Bayside Foundation will always be in my heart since they were the first ones to truly support me.”

Angela Hall

Owner and Founder, Organics Overseas, Inc.

Application Form

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

Friday, October 19th, 2018 at 12:00am
Congratulations to MBF #loanrecipient IMR Development Corp. for being honored as "Minority Veteran-owned Firm of the Year" by @Cision.
Thursday, October 18th, 2018 at 1:24am
MBF #smallbiztips: ChallengeHER works specifically with Women-Owned Small Businesses to assist in leveraging federal awards, learning the federal procurement process, and connecting with the right people. Register for this event by going to https://t.co/E3ZVpuBskw.
Wednesday, October 17th, 2018 at 12:00am
Congratulations to MBF #loanrecipient @vistamiami for having their Red Snapper With Mango Chutney recipe featured on @wsvn. Visit https://t.co/JABch6QuoE for the recipe.
Tuesday, October 16th, 2018 at 12:00am
If you're interested in doing business with M-DCPS, attend their Vendor Development Event, where they will assist your firm in navigating the procurement system on Thursday, October 18, 2018, at Coral Park from 6:00 PM - 8:00 PM. Register by emailing proevents @dadeschools.net. https://t.co/yLxG9unnqd
Saturday, October 13th, 2018 at 12:59am
MBF #SmallBizTips: Consumers start their holiday shopping earlier than they used to. Take the time now to get your shop, website, and staff ready for holiday shoppers. https://t.co/xqTxpq7nxT

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.