If a Hurricane Strikes, FFCFC is Prepared to Help

With hurricane season now officially upon us, FFCFC has renewed its commitment to the State of Florida to administer small business emergency Bridge Loans in the event of a storm strike.

FFCFC manages back office administration of the funds on behalf of the State of Florida for selected regions. During the 2004 and 2005 hurricane seasons, FFCFC aided more than 675 Florida small businesses impacted by the storms.

The interest-free loans are provided to help sustain or re-start small business hurricane victims. Interest-free loans range from $1,000 to $25,000, and are for terms of 90 or 180 days. Loans are repaid from insurance proceeds or from federal disaster assistance.