MBF Resource Center

Loan Resources

CORONAVIRUS EMERGENCY RESOURCES

SBA PAYCHECK PROTECTION PROGRAM (PPP)
The PPP is an SBA loan that helps businesses keep their workforce employed during the Coronavirus (COVID-19) crisis. Click here for more information.

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.

GETTING STARTED
For a quick reference on doing business in Miami-Dade County, Florida, download the Beacon Council’s Resource Guide. In addition to a step-by-step guide to starting a business in Miami-Dade, the Guide provides a list of resources available to small businesses.

PROJECTIONS
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.

BUSINESS PLAN
While there are many ways to layout your Business Plan, some key components to consider can be found in this Business Plan Outline. Each section of the plan is strategically placed to help build a compelling story and should be peppered with images, when appropriate.

DUNS NUMBER
A DUNS number is used for identification purposes as well as for credit reporting. To obtain one free of charge, visit the Dun & Bradstreet (D&B) website.

Thursday, April 2nd, 2020 at 8:21pm
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.
Tuesday, March 31st, 2020 at 11:00am
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.
Monday, March 30th, 2020 at 4:20pm
The Florida Emergency Bridge Loan has updated its online application. For the updated details, visit https://t.co/lMyak6ZCDj.
Monday, March 30th, 2020 at 11:23am
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
Tuesday, March 24th, 2020 at 5:48pm
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

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