Small Business Loans
Do you have a great business idea but need some financial support to get started? Do you dream of transforming your work life and being your own boss? HFLA has helped entrepreneurs around Miami start and build businesses that strengthen the local economy and create futures. Interest-free loans of up to $18,000 can be used for operating costs, marketing expenses, equipment, supplies and more.
How Can I Qualify for a Loan?
- You must be a resident of Miami-Dade County for at least one year prior to the application date.
- You and your co-signers must be a Florida resident for a least one year prior to the application date.
- You and your co-signers must be US citizens or permanent residents.
What Do I Need to Do?
- All you have to do is complete the application form below!
What Happens After I Submit My Application?
- We will process the loan request by verifying the information, checking you and your guarantors credit standing and speaking with the prospective guarantors to review their understanding of our program.
- Once we confirm everything, we will contact you for an interview with our Loan Committee.
- Upon final approval, we will release the funds.
Guarantor Requirements:
- Loans over $1,800 require one qualified guarantor.
- Borrowers with a credit score of 620 or higher are required to provide one qualified guarantor.
- Borrowers with a credit score below 620 may be required to provide an additional guarantor.
For more information, contact us at [email protected] or 786.866.8658.
