FloridaCommerce SSBCI Capital Access Program
The Florida Capital Access Program (FL CAP) is a pooled loan insurance program under the State Small Business Credit Initiative (SSBCI). It provides matching dollars to establish loan loss reserve funds with participating private lenders, which encourages them to originate loans to Florida-based small businesses, including those owned by socially and economically disadvantaged individuals, that may not otherwise have access to capital. Offered by FloridaCommerce; awards $5.0M.
Key Facts
- Funder
- FloridaCommerce
- Award amount
- $5.0M
- Deadline
- Rolling / not specified
- Geography
- Florida
- Categories
- Social Services
- Status
- Open
About This Grant
The Florida Capital Access Program (FL CAP) is a pooled loan insurance program under the State Small Business Credit Initiative (SSBCI). It provides matching dollars to establish loan loss reserve funds with participating private lenders, which encourages them to originate loans to Florida-based small businesses, including those owned by socially and economically disadvantaged individuals, that may not otherwise have access to capital.
Full requirements and application instructions: official listing.
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