Business Loan Fund of the Palm Beaches, Inc., The

West Palm Beach FL


Founded in 1996, Business Loan Fund of the Palm Beaches, Inc. (BLFPB) serves a Low-Income Targeted Population in the Florida counties of Palm Beach, St. Lucy, Martin and Hendry.

CDFI Awards for Business Loan Fund of the Palm Beaches, Inc., The


FA (2004) - $220,000

Business Loan Fund of the Palm Beaches, Inc. will use the award to capitalize business loan fund and conduct a market analysis of its service area.



CORE (2002) - $500,000

The CDFI Fund grant of $450,000 and $50,000 in technical assistance will assist this organization"s impact across all five counties by increasing the capital pool and strengthening its fiscal management.



SECA (2001) - $148,000

The Fund"s grant will help strengthen the BLF"s net asset base. The technical assistance monies will help it become more efficient programmatically by enabling it to reach more potential borrowers, provide them with more technical assistance, and better track loan performance.



SECA (1999) - $50,000

The technical assistance grant will be used for consulting technology and training for staff and board.



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