BUSINESS CAPITAL TO GROW ON
The MetroBroward small business revolving loan fund helps successful entrepreneurs reach their next level of business achievement. We understand the challenges that business growth presents and are ready to partner with you to meet them. Whether you need working capital or equipment, our lending solutions are flexibly tailored for your business requirements.
During the conclusion of its first ten years, MetroBroward had provided $3,662,000 in supporting loan guarantees for $7,902,298 originated by our banking partners. This record allowed us to leverage our capital dollars at a ratio of 2:1 giving rise to the creation and/or retention of 679 jobs in Broward County. As we exited the business of loan guarantees for more direct lending, MetroBroward was certified as and remains the only CDFI (Community Development Financial Institution) in Broward County. Today, our loan portfolio is at its highest historic level and investments in our loan capital fund are on the rise. To date, we have made over $4MM in direct loans to small businesses.
SMALL BUSINESS LENDING SUCCESS STRATEGY
MetroBroward serves as a financing bridge for companies that have begun operations but have not reached the longevity and/or revenue production levels required by conventional lenders. We partner with our borrowers by providing them hands-on mentoring and guidance as they work through the growing pains of their formative years. Our funding partners receive a return on their investment when we transition our matured borrowers -- whose financial needs have surpassed our limitations -- to their respective lending programs.
If you are growing a business, let us know if we can be of assistance.