Recycling Loan Program
The Florida Recycling Loan Program was created to provide access to capital for the purchase of equipment and machinery to expand recycling capacity in Florida. The program offers long-term fixed-rate loans at interest rates up to 2% below prime. The maximum loan amount is $200,000. The program is limited to for-profit small businesses that are either legally licensed and operating in Florida, creditworthy start-up companies or out-of-state firms considering expansions into Florida. Eligible recycling companies must have a net worth less than $6 million and have less than 100 employees.