SBA Small Business Loans (BFC)

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Dear BFC Clients,

The American Rescue Plan Act established the Restaurant Revitalization Fund (RRF) to provide funding to help restaurants and other eligible businesses keep their doors open.

This new grant fund is administered by the SBA (not Oakland County).

Application process opens May 3, 2021. To see all the details and apply, visit: www.sba.gov

Program Overview
National Restaurant Association FAQ's

October Rates

25-Year Debenture: 2.91%
20-Year Debenture: 2.76%

SBA 504 Loan Program - Statewide Financing Available for Buildings & Equipment

The Oakland County Business Finance Corporation (BFC), certified by the U.S. Small Business Administration (SBA) since 1982. The BFC is a proven and reliable partner with the SBA, lenders and businesses. The BFC's non-profit mission is to help businesses expand and stimulate economic growth in the community.

Oakland County BFC has funded 500+ loans in 13 counties.

Oakland County BFC serves all of Michigan. We have funded 500+ loans in 13 counties.

Clients Served

BFC Highlights

Program Publications

The SBA 504 Loan Program provides qualified small and medium size businesses with long-term, fixed-rate financing for the acquisition or construction of fixed assets. BFC is a proven and reliable partner with the SBA, lenders, and businesses. BFC's non-profit mission is to help businesses expand and grow and stimulate economic growth in the community.

For information on our Corporation Tax-Exempt Revenue Bond Program