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Posted on: August 24, 2020

SFRPC - Small Business Loans Available Through The CARES Act

Small Business Loans Available through CARES Act

The South Florida Regional Planning Council is pleased to announce that is new SFRPC / EDA RLF Fund is now operational. The RLF lending area is Monroe, Miami-Dade, Broward, and Palm Beach counties. These CARES Act Recovery Assistance funds will be used to provide loans ranging from $25,000 to $500,000 with a fixed interest rate of 3 - 4% and a loan term of up to 10 years. 

The South Florida Regional Planning Council has a little over $5.3 million to lend. If we don’t get it out quickly and consistently, the U.S. Economic Development Administration retains the right to reclaim the money and put it to work elsewhere. Let’s put this money to work in South Florida! For more information visit the website www.CARESActRLF.org
SFRPC

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