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Contract Financing Loans

Get the funding you need to fulfill secured contracts, ensuring your projects stay on track without straining cash flow.

Contract Financing Loans

Fueling Contract Fulfillment for Business Growth

BBIF's Contract financing loans gives you the working capital needed to deliver on secured contracts without disrupting your cash flow. The funds can be used for project-related expenses, covering payroll, or managing other operational costs. By using your contract as collateral, BBIF provides up to 90% of its value, helping you complete projects efficiently and keep your business moving forward.

Loan Size

Based on up to 90% of the contract value.

Eligible uses for Loan Funds

Project Related Expenses

Working Capital for Contract Fulfillment

Payroll and Operational Costs

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Eligibility Criteria for
Contract Financing Loan

BBIF's Contract financing loans are designed to help you meet your project goals and keep your business running smoothly. To be eligible to apply, your business must meet the following criteria:

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Have secured contracts with government or municipal entities.

Meet BBIF's credit and financial qualifications.

Demonstrate the ability to fulfill the contracts in question.

Our Business-Centric Application Process

1

Prepare You Documents

Get organized by gathering the necessary documents to help streamline your application process.

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Standard • SBA • Contract Finance • Startup

2

Apply Online

Submit your application through our easy online portal. Fully completed applications are prioritized, so be sure to review everything carefully. Need help? Contact us at 407.649.4780 or loans@bbif.com.

3

Get a Loan
Consultation

A loan officer will review your application and connect with you to discuss next steps, which may include underwriting, gathering more information, or connecting you with our Business Advisory Coaching services.

4

Underwriting & Final Review

Your loan officer and underwriters will assess your financials and explore the best funding options. Our credit team will then review your loan package and submit for final approval.

5

Final Steps & Review

All loan packages are reviewed by our loan committee-a group of experts who carefully evaluate each application to ensure it meets our lending criteria. Once your loan is approved by the committee, you'll move on to the closing stage.

6

Loan Closing (Approved)

After approval, our loan closer will reach out to schedule your closing date. We'll also send a congratulatory email and guide you through the final steps to complete the process.

7

Business
Training

Our partnership doesn't stop at loan closing. We provide ongoing business consulting, education, and training to support you throughout the life of your loan, helping you make smart financial decisions and continue growing your business.

BBIF: Your Partner for Business Success

Tailored Support for Underserved
Communities

BBIF is committed to empowering small businesses in underserved communities with financial support, personalized consulting, and business loans that help you achieve sustainable growth.

Personalized
Guidance for
Building A Profile

We provide one-on-one consulting to help you navigate the small business loan process and build a solid financial foundation for long-term success.

Comprehensive
Assistance for Diverse
Business Needs

From small business financing to financial literacy education and business advisory services, BBIF equips you with the tools and resources to support your business at every stage.

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I don't know where my company would be at this time if it were not for BBIF.

Fabian Cook

CEO, Grassland Enterprises | Orlando, FL

  • How long does the loan application process take?
    Up to 45 business days for loan approval and up to 60 business days to close and fund your loan. (Please note that this timeframe is subject to change and may vary depending on the type of loan request and how quickly we receive all of the required information and documentation.)
  • What information do I need to submit my application?
    Documentation required to process your application include but may not be limited to: BUSINESS & PERSONAL NAME AND CONTACT INFORMATION BUSINESS INCOME STATEMENT AND BALANCE SHEETS (3 YEARS) INTERIM BUSINESS INCOME STATEMENT AND BALANCE SHEET (90 DAYS OR NEWER) CASH FLOW PROJECTIONS 2 YEAR PRO-FORMA (PROJECTIONS) BUSINESS TAX RETURNS (3 YEARS) PERSONAL TAX RETURNS & W-2’S (3 YEARS) 60 DAYS COMPLETE BUSINESS/PERSONAL BANK STATEMENTS PERSONAL FINANCIAL STATEMENT BUSINESS DEBT SCHEDULE DETAILED DESCRIPTION OF BUSINESS ASSETS WITH ESTIMATED VALUES PURPOSE OF THE LOAN ESTIMATED PROJECT COSTS-USE OF PROCEEDS SCHEDULE OF COLLATERAL BUSINESS PLAN, REQUIRED FOR ALL START-UPS (NEW BUSINESSES) BUSINESS EXECUTIVE SUMMARY (EXISTING BUSINESSES} RESUME COPY OF SOCIAL SECURITY CARD COPY OF STATE ISSUED ID/DRIVER’S LICENSE
  • What interest rate should I expect on my loan?
    Interest rates vary depending on each loan and the associated risk.
  • What loan terms do you offer?
    12-72 Months; with a Maximum Amortization of up to 30 Years for Commercial Real Estate Purchase.
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Qualifications

We Offer Guidance Every Step of the Way

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