Florida First Capital Finance Corporation (FFCFC) has been established to assist companies in the packaging of SBA 504, SBA 7A, Recycling Loans and Energy Loans. The Metro Orlando EDC facilitates meetings with FFCFC and the company. The SBA 504 loan is for the acquisition, construction of owner-occupied commercial real estate or for the purchase of equipment. The benefits include fixed-rate financing, lower down payment, long-term maturities, reduced monthly payments, and conservation of capital. Loan size can vary from $250,000 to $10,000,000.
BBIF Florida (BBIF) is a non-profit, mission-driven, Community Development Financial Institution (CDFI) that helps Florida businesses thrive by providing loan capital alongside with business development training. BBIF also helps to stabilize low-income, distressed neighborhoods by investing in economic development projects that stabilizing communities and create jobs.
Headquartered in Orlando, Florida, BBIF Florida was created in 1987 out of Florida Statute to provide loan capital black businesses in the central Florida community. The organization has grown from a small regional loan fund to Florida’s leading statewide lender that specializes in providing capital to Black, other minority and underserved businesses. Black and other minority businesses play a critical role in our economy and need support in order to create jobs.
SBIR is a highly competitive program that encourages small business to explore their technological potential and provides the incentive to profit from its commercialization. By including qualified small businesses in the nation's R&D arena, high-tech innovation is stimulated and the United States gains entrepreneurial spirit as it meets its specific research and development needs. For more information, visit their website.