State Small Business Credit Initiative (SSBCI) - Florida
Federal program providing more than $488 million in funding to support Florida small business lending. Includes Capital Access, Loan Guarantee, Loan Participation, Collateral Support, and Venture Capital sub-programs.
About this program
Administered through partner lenders, not directly. SSBCI 2.0 received second tranche of $167 million in 2025. Loans up to $5 million with terms up to 5 years.
Eligibility
Florida-based small businesses with fewer than 500 employees (or up to 750 for the Collateral Support Program). Funds can be used for business procurement, startup costs, working capital, franchise fees, equipment, inventory, and the purchase, construction, renovation or tenant improvement of an eligible place of business. Priority for minority-, women-, veteran-owned, rural, or very small businesses.