Loan applications are internally evaluated, credit reviewed, analyzed, underwritten and structured, directly funded, and sourced for potential investors (if needed).
BBIF provides direct loans for the following business working capital needs:

Business lines of credit
Contract financing
Accounts receivable financing
Equipment financing

Regarding Commercial Real Estate, the BBIF provides loans for:

Equity portion of owner occupied commercial real estate loans

Historically, the BBIF has helped to provide hundreds of loans totaling over $35 Million and helping to retain and create over 10,727 jobs; creating an economic impact in excess of $400 Million into Central Florida’s economy with a historical loan loss of less than 3 percent.

Black Business Loan Fund

The Black Business Loan Fund (BBLF) provides loans to qualified stage 1 Black-owned businesses (established a minimum of 2 years).  Loan Amounts: $10,000-$100,000   Territory: Orange, Osceola, Seminole and Lake counties. Learn more about the Black Business Loan Fund here

Micro Loan Fund

The Micro Loan Fund (MLF) provides loans to qualified stage 0 & 1 businesses.  This fund is race neutral; it is available to any race business-owner.   Loan Amounts: $5,000- $50,000 Territory: Orange, Osceola, Seminole, Lake, Sumter, Polk, Hillsborough and Duval counties. Learn more about the Micro Loan Fund here

Contract Financing Loan Fund

The Contract Financing Loan Fund (CFLF) will provide loans to minority businesses with acceptable contracts.  Loans are secured by an acceptable contract and must provide job creation.  This fund is race neutral.  Loan Amounts: $10,000 -$100,000   Territory:Lake, Seminole, Orange, and Osceola counties. Learn more about the Contract Financing Loan Fund here

Small Business Loan Fund

The Small Business Loan Fund was formed to provide SBA Community Advantage loans to established minority and small businesses.  This fund is race neutral.  Loan Amounts: $50,000-$250,000  Territory: The entire state of Florida. Learn more about the Small Business Loan Fund here

ECONOMIC GARDENING FUND

As of July 1, 2011 BBIF loaned out all of the available funds for the EGLF.  We will continue to service all of the outstanding loans and look to launch a new state-wide loan fund in the coming months. The Economic Gardening Loan Fund (EGLF), which was established in 2009, provides loans to qualified stage 2 businesses (small businesses with revenues of $1 million - $25 million and 10 – 50 employees.). This fund is race neutral; it is available to any race business owner).  Loan amounts are: $50,000 - $250,000. Territory: State of Florida.  Learn more about the Economic Gardening Fund here.