The BOF Black Business Loan Program is designed to address the systemic barriers that Black entrepreneurs face in accessing capital. Recognizing that many Black business owners are disproportionately rejected in loan applications and often lack generational wealth or access to capital, this program offers an inclusive lending solution. Eligible applicants can receive loans ranging from $10,000 to $50,000 to support various business needs, including expansion, operational costs, and capacity building. The program collaborates with the Afro Caribbean Business Network (ACBN) to provide additional support and ensure applicants have the necessary resources to succeed.
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