Economic Development » Resources

Financial Resources

Print
Share & Bookmark, Press Enter to show all options, press Tab go to next option
Font Size: + -

Taking Your Business to the Next Level.

Proper financial management and access to capital are critical to the success and sustainability of any business. Whether you’re starting from scratch or scaling your operations, the City of Lauderhill and its partners provide a wide range of financial tools, funding programs, and educational resources to help your business thrive. Explore everything from grants and loans to cash flow templates and expert-led financial webinars all designed to elevate your business to the next level.

See our list below and check back frequently as we update our page often.

Grants & Financial Assistance Programs

Office of Economic and Small Business Development Micro Grant Pilot Program

  • Apply for $2,500 in reimbursable expenses
  • Business has been in operations on or before October 1, 2023
  • Must be a for-profit business
  • Business employs 20 full-time people or less

Amber Grant for Women

One of the very first online organizations to give women-owned business grants, the Amber Grant was set up to honor the memory of Amber Wigdahl. She was a special young woman who died at just 19 years old, before realizing her business dreams. We’ve carried on that tradition by giving away a $10,000 Amber Grant every month to a woman entrepreneur… And by giving away an additional annual $25,000 Amber Grant to one of the preceding 12 monthly Amber Grant winners.

We also give away another $10,000 grant every month to a “Business Category” entrepreneur. Those 12 categories can include anything from fashion designers to restaurant owners, to health and wellness practitioners, to hair product business owners.

City Incentive Programs

For updates, questions, and additional information, contact Economic Development.

Small Business Academy Accelerator Program

CLOSED - Currently in Disbursement Process

  • Open to small businesses located and licensed in Lauderhill
  • Business must have a current Lauderhill Certificate of Use License
  • Businesses must have operated for at least three consecutive years, which can include time in another city with proof of a prior business license. The most recent year must be as an active, licensed business in Lauderhill.
  • Must submit a business plan
  • Must attend and complete the 5-week Small Business Academy Accelerator (SBAA) Program
  • Previous SBAA awardees not eligible to apply

Loan Opportunities

LENDIO Small Business Loan

LENDIO is America’s largest small business loan marketplace, which means you're connected to more loan options than anyone else. All you have to do to gain access to the nationwide network of 75+ lenders is fill out the online application.

Because you don’t just want a small business loan – you want the absolute best loan for your business, right?

Broward Municipal Services District Small Dollar Loan Fund

The Small Dollar Loan Fund is available to businesses that have been registered on Sunbiz for at least 18 months. Loans between $2,000 - $9,999 can be paid back between 1-2 years. Interest rates are between 5.5% - 7.5%. May be eligible for a larger loan amount once small dollar loan is successfully paid back.

Small Business Administration (SBA)

The SBA works with lenders to provide loans to small businesses. The agency doesn’t lend money directly to small business owners. Instead, it sets guidelines for loans made by its partnering lenders, community development organizations, and micro-lending institutions. The SBA reduces risk for lenders and makes it easier for them to access capital. That makes it easier for small businesses to get loans.

Greater Fort Lauderdale Alliance - General Business Assistance

The professionals at the Alliance can provide your company with information regarding any of the following types of financing assistance available in Greater Fort Lauderdale:

  • Construction loans
  • Small business loans
  • Commercial financing
  • Industrial revenue bonds
  • Export/trade financing
  • Other capital access programs

Guide & Best Practices

  1. Small Business Financial Management Guide: Learn how to manage your small business's finances through a comprehensive guide brought to you by the SBA. 
  2. (10) types of Business Financing and How to Qualify: Money may not grow on trees, but with these 10 methods of acquiring financial capital, there's no reason you can't plant for success.
  3. Sample Bank Loan Request for A Small Business: Need to request a loan from the bank but don't know where to start? Check out this sample letter for requesting a loan to give you some ideas of where to begin.

Financial Sheet Templates

  1. Start Up Expenses Template
  2. Balance Sheet Template
  3. Opening Day Balance Sheet Template
  4. Balance Sheet Projected
  5. Personal Financial Statement Template
  6. Financial Projections Template
  7. Profit Projection Template (3 Year)
  8. Profit and Loss Projection Template (1 Year)
  9. Sales Forecast Template
  10. Cash Flow Statement Template (1 year)
  11. Cash Flow Projections Template (3 Year)
  12. Break Even Analysis Template
  13. Financial History and Ratios Template

Presentations