Florida offers $50 million emergency Hurricane Milton bridge loans

Florida Commerce has activated the Small Business Emergency Bridge Loan Program, offering $50 million to support businesses impacted by Hurricane Milton, with a focus on agriculture.

Small businesses, including sole proprietors in eligible counties, can apply for short-term, zero-interest loans.

Agricultural and aquaculture businesses can request up to $100,000, while citrus and cattle operations can secure loans up to $150,000. These loans act as a financial “bridge” while awaiting insurance or federal aid.

Applications are open until December 4, 2024.