BAC Funding Corporation

Miami FL


BAC Funding Corporation is a non-profit community development corporation formed in 1983. It was initially established as a technical assistance provider and the chief operating entity for a lending pool financed by banks, thrifts, and the Florida Black Business Investment Board. Today, the organization focuses on providing loans, in conjunction with technical assistance, to support the expansion of African American-owned businesses in Dade County, Florida.

CDFI Awards for BAC Funding Corporation


CORE (1999) - $1,000,000

The CDFI Fund"s $1,000,000 capital grant will be used to meet the growing demand for the organization"s revolving credit to African American-owned businesses in Dade County.



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