Florida Microfinance Guarantee Program
$25,000
Startup & FounderFinancing & Capital Access
About the Program
Enterprise Florida, Inc. (EFI) is the principal economic development organization for the state of Florida. In support of small business growth across our state, EFI offers a Microfinance Guarantee Program designed to stimulate access to credit for entrepreneurs and small businesses by providing targeted loan guarantees to lenders made to such entrepreneurs and small businesses. This program provides guarantees up to 50% on loans of $250,000 or less
Requirements:
- Entrepreneur or small business located in Florida
- Employs 25 or fewer people
- Generates average annual gross revenues of $1.5 million or less for the last two years
Interested businesses must apply through a local lender. Lenders for the program include but are not limited to:
- Citizens Bank & Trust
- First Commerce Credit Union
- Marine Bank & Trust
- Neighborhood Lending Partners
- Seacoast National Bank
- United Bank
Explore Florida Communities
You've learned about the program. Now explore Florida communities to see what it's like to live and work in the places where your business could grow.
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- LookyLOO Reviews of Florida Cities
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- Schools & Quality of Life
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