Financing
Palm Beach County is home to numerous institutions providing financial assistance to companies within the community.
PUBLIC/NON-PROFIT FINANCING SOURCES
The following organizations provide financial products for high-risk and newer businesses, or businesses in designated areas.
The Palm Beach County Section 108 Loan Program
The Palm Beach County Section 108 Loan Program is administered by the Palm Beach County Department of Economic Sustainability. The Program assists eligible businesses with funding for fixed assets and working capital financing.
Black Business Investment Corporation (BBIC)
The BBIC is a not-for-profit organization formed by the financial and business community in accordance with the Small and Minority Business Act of 1985.
Industrial Development Revenue Bonds
Through the issuance of Industrial Development Revenue Bonds, Palm Beach County provides below-market interest rate financing for fixed-asset projects.
Florida Opportunity Fund
Legislation passed by Florida Legislature collectively referred to as the Florida Capital Formation Act, provided for the creation of the Florida Opportunity Fund (“FOF” or the “Fund”), initially as a “Fund of Funds” program that invests in venture capital funds.
Florida Business Development Corporation (FBDC)
The Florida Business Development Corporation is the Certified Development Corporation (CDC) authorized by the Small Business Association (SBA) to provide 504 financing for real estate purposes.
Florida First Capital Finance Corporation
Florida First Capital Finance Corporation is chartered for the primary purpose of advancing the economic development and general welfare of the citizens of Florida by promoting and assisting the growth and development of small business concerns within the state.
Small Business Development Center
The SBDC is a cooperative effort of the private sector, the educational community and federal, state and local governments.
South Florida Small Business Administration
The U.S. SBA guarantees bank loans for qualified small businesses.
INTERNATIONAL FINANCING PROGRAMS
Export-Import Bank of U.S.
The Export-Import Bank of the United States is an independent U.S. Government agency that helps finance the overseas sale of U.S. goods and services
ACCION, USA
Accion works to empower families, small businesses, and communities overlooked by the global financial system.
Palm Beach County Business Loan Program
Palm Beach County Business Loan Program
The Palm Beach County Department of Housing and Economic Development offers business loans with favorable terms and low rates to stimulate economic development growth and job creation.
Micro Loans
The Center for Enterprise Opportunity (CEO)
The Center for Enterprise Opportunity (CEO) is a private, non-profit corporation organized under Florida Statutes 112.
PRIVATE FINANCING SOURCES
New World Angels
Small Business Assistance
Service Corps of Retired Executives (SCORE)
SCORE is a nonprofit association dedicated to educating entrepreneurs and helping small businesses start, grow, and succeed nationwide.
Minority Business Assistance
CAMACOL/The Latin Chamber of Commerce of the United States
Programs include business assistance, trade missions, business relationships throughout Latin America and the Caribbean, and an in-house employment bureau.
The Hispanic Chamber of Commerce of Palm Beach County
The Hispanic Chamber of Commerce of Palm Beach County is the information source to help, develop, and grow the area's Hispanic market.
Florida State Minority Supplier Development Council
The mission of the Southern Florida Minority Supplier Development Council is to link Corporations and Government Agencies with Minority Business Enterprises (MBEs) to foster business development and expansion.
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