Palm Beach County Black Business Investment Corporation (BBIC) is a non-profit organization formed in accordance with the Small and Minority Business Act, of 1985. The BBIC was organized by the financial and business community of Palm Beach County, for the purpose of providing business loans, bonding, equity capital, developing job opportunities and other business services to businesses owned by black citizens.
The BBIC works closely with banks in securing loans for our clients. Clients applying for loan guarantees, bonding and/or equity investments, will be closely scrutinized to assure that financing cannot be obtained through other sources.
The BBIC is located at 2001 Broadway, Suite#201, in Riviera Beach, FL. The organization is made up with a Board of Directors, supported by and Executive Committee, a Loan Committee and other committees as needed.
Applications can be obtained by contacting the office at (561) 845-8055.