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Office of Program Policy Analysis and Government Accountability

Review of State-Supported Business Loan Programs, Report No. 96-19, November 1996
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  • Florida's seven business loan programs vary with respect to their purposes and reported effectiveness. They also play a smaller role in providing financial assistance than commercial banks or the federal government.
  • State-supported loan programs, with one exception, do not duplicate private sector and federal government efforts. Enterprise Florida should review the duplicative program to determine if it could be redesigned or whether it can terminate its agreement to provide $667,000 in matching funds.
  • State loan programs are fragmented. This is not making the most effective use of resources. Moreover, businesses might have difficulty obtaining information and applying for loans.

What other OPPAGA-related materials are available?

  • Report No. 99-55 Progress Report: The Florida Export Finance Corporation Has Improved Its Performance Measurement System, published in June 2000.
  • Report No. 98-32  Review of the Capital Development Board of Enterprise Florida, Inc., published in December 1998.
  • Report No. 97-59 The Review of the Florida Export Finance Corporation, published in March 1998.

Copies of this report in print or alternate accessible format may be obtained by telephone (850/488-0021), by FAX (850/487-9213), in person, or by mail (OPPAGA Report Production, Claude Pepper Building, Room 312, 111 W. Madison St., Tallahassee, FL 32399-1475).
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