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State Activates Florida s Small Business Emergency Bridge Loan Program

State Expands Rebuild Florida Business Loan Fund Lending Guidelines

Jan 8, 2021 5:22 PM Tallahassee, FL - Governor Ron DeSantis announces an expansion to the lending guidelines of a fund aimed at enhancing the diversification and resiliency of Florida’s economy. Per a release from the Gov. DeSantis office, these guideline changes to the Rebuild Florida Business Loan Fund will help businesses by offering higher funding levels at below market interest rates. Furthermore, the changes will expand the fund s availability to Florida businesses. Because of those changes, up to $2.5 million in financing is now available for a single business applicant. “My administration is committed to ensuring that Florida businesses remain strong and resilient,” said Gov. DeSantis. “The expansion of lending guidelines for the Rebuild Florida Business Loan Fund program allows the state to provide access to capital that certain businesses may otherwise not be able to access.” DeSantis release further stated that up to $40 mill

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