MBF Resource CenterLoan Resources
CORONAVIRUS EMERGENCY RESOURCES
FLORIDA SMALL BUSINESS EMERGENCY BRIDGE LOAN (FSBEBL)
Florida has announced its FSBEBL Program in response to coronavirus business interruption. The bridge loans are up to $50,000 with NO interest for one (1) year. Click here for more information.
SBA DISASTER ASSISTANCE IN RESPONSE TO THE CORONAVIRUS
Loans of up to $2 million in assistance per small business and can provide vital economic support to small for-profit and non-profit businesses to help overcome the temporary loss of revenue they are experiencing. Click here for more information.
FACEBOOK SMALL BUSINESS GRANTS PROGRAM
Facebook is offering $100M in cash grants and ad credits for up to 30,000 eligible small businesses in over 30 countries where they operate. Click here for more information.
THE JAMES BEARD FOUNDATION RELIEF FUND
The James Beard Foundation launched a fund that will be gathering support from corporate, foundation, and individual donors to provide micro-grants to independent food and beverage businesses in need. Click here for more information.
THE LITTLE HAITI SMALL BUSINESS RELIEF FUND
The Little Haiti Small Business Relief Fund provides micro-grants to small business owners and their employees who have been hurt by COVID-19 in Little Haiti. Click here for more information.
Are you opening or running a small business in the City of Miami?
Welcome to MBF’s Resource Center. Here you will find items to help you build your business. Also, follow MBF on twitter @miamibaysidefo to receive our #SmallBizTips, a curated selection of relevant articles.
STARTING A BUSINESS
If you are planning on opening a business in the City of Miami, download Steps to Open Your New Business in the City of Miami, which breaks down opening a business into 3 steps: location, certificate of use, and business tax receipt.
Forecasting revenue and expenses is a necessary exercise for understanding your business and managing your finances. Additionally, most financing institutions are going to want to see three years of projections, with the first year presented monthly. A template for building your projections can be downloaded here.
MBF #SmallBizTips: The CARES Act establishes a new $349 billion Paycheck Protection Program that will provide much-needed relief to small businesses so they can sustain their businesses and keep their workers employed. For more information, go to https://t.co/OFLtM5VO9I.
MBF #SmallBizTips: Facebook is offering $100M in cash grants and ad credits for up to 30,000 eligible small businesses in over 30 countries where Facebook operates. This program can help with working capital, rent, and operational costs. https://t.co/y3uO4YcswP.
The @SBA_SouthFL is hosting virtual office hours and webinars to help business owners apply for their Economic Injury Disaster Loan. This webinar will go through the loan application; offer tips and insight into completing an application & what you can expect after applying. https://t.co/XtOo9OwLdY
MBF #SmallBizTips: Adapting to the impact of coronavirus quarantine is critical to survival. Learn from others how they are pivoting and find out about local, state, and federal resources for small businesses such as emergency loans. https://t.co/9FXi8KwGDV https://t.co/6zcq9PUgcU
Make a Donation
By contributing to MBF you have an opportunity to impact job creation, encourage economic development and improve the future of Miami.