Bac Funding Corporation

The Business Incubator - Provides office space at lower than the prevailing market rates to new and existing businesses of minority group residents in Miami-Dade County, Florida.

BAC Funding Corporation was formed to foster growth of existing African American owned enterprises and is dedicated to provide capital resources to assist in the long range development of a successful African-American business class in South Florida. BAC has disbursed over $42 million in loans or equity funds to over fifty (50) businesses including women owned businesses.

The Merchant Banking Fund provides short-term funds in the form of revolving credit lines and joint ventures to new and existing businesses of minority group residents in Miami-Dade County, Florida.