INFOBLOG: Hurry Small Business Loans to Expire Soon

To qualify for a RISE loan, the following criteria2 must be satisfied:
BUSINESS MUST:Operate in Miami-Dade County.
Be in operation for at least two years.
Have gross sales of less than $5,000,000.
Have 50 or fewer employees/independent contractors.
OWNERS3 MUST:Live in Miami-Dade County.
Have a Credit Score greater than 520.
Have 20% or more ownership/stake in the business.
Have not had any bankruptcies or foreclosures in the past three years.

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For more information, please refer to the Frequently Asked Questions (FAQs).
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SIMPLE, EFFICIENT, EFFECTIVE.

(1) Preference will be given to those businesses that can prove they received no state or federal funds. (2) For complete list of criteria and documents required, refer to FAQs. (3) If approved, Owners must personally guarantee their loans.

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