RISE Miami-Dade Small Business Loan

RISE was established to support Miami-Dade County’s small businesses, which are crucial to our local economy. Small businesses drive innovation, create jobs, and contribute to the community. However, access to capital remains one of their biggest challenges.

The RISE Fund is designed to provide quick and accessible working capital to micro and small business owners in Miami-Dade County. It aims to help businesses that have traditionally struggled to access financial support, ensuring that Miami-Dade continues to be a leader in successful minority-run businesses and a county of opportunity for all.

RISE Loan Program

Key Features:

  1. Low Barrier to Entry: Simplified application process and accessible loan terms.

  2. Individualized Support: Provided by Dade County Federal Credit Union.

  3. Sustainable Terms: Low-interest rates and multi-year repayment periods.

Eligibility Requirements:

Business Must:

  • Operate in Miami-Dade County.

  • Have been in operation for at least two years.

  • Have gross sales of less than $5,000,000.

  • Have 50 or fewer employees/independent contractors.

Owners Must:*

  • Have a credit score greater than 620.

  • Have no bankruptcies or foreclosures in the past three years.

Reinvesting in Our Small Business Economy

RISE was created to foster an accessible and supportive process for small businesses in Miami-Dade County. With 96.9% of businesses being small, our goal is to provide the necessary capital and support for their growth and sustainability.

Why RISE?

  • It is the first locally created, small business lending program of its kind in Miami-Dade.

  • It is tailored to serve the true, local small business community.

  • It is designed to be a long-term revolving loan program.

  • It helps the small business community achieve stability and strength.

Rise to the Moment. Evolve for the Challenge.

Complete the form below to start the application process.

*If approved, owners must personally guarantee their loans. All owners with over 20% stake in the business must be included on the loan application.