Loan : Emergency Bridge Loan Program

Written By HCFAC Office

Business Name: State of Florida & Florida Commerce

Project Name : Florida Small Business Emergency Bridge Loan program

Project Description : The Florida Small Business Emergency Bridge Loan program provides short-term, zero-interest working capital loans that are intended to “bridge the gap” between the time a disaster impacts a business and when a business has secured longer term recovery funding such as federally or commercially available loans, insurance claims or other resources.

Loans made under this program are short-term, personal loans using State of Florida funds – they are not grants and must be repaid.

Details :

  • Loans are available up to $50,000 per business per eligible applicant. Loans of up to $150,000 are available for agriculture and aquaculture small businesses

  • Loans made through this program are two year, zero-interest, personal business loans.

  • Florida Small Business Emergency Bridge Loans require repayment by the applicant.

  • Owners may utilize funding from longer term financial resources, such as U.S. Small Business Administration Economic Injury Disaster Loans, to repay the Emergency Bridge Loan.

For full details, visit https://floridacommerce.my.site.com/RebuildFloridaBusinessLoanFund/s/

HCFAC Office
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