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.

Progress Report: The Florida Export Finance Corporation Has Improved Its Performance Measurement System
Report 99-55 June 2000
Review of the Capital Development Board of Enterprise Florida, Inc.
Report 98-32 December 1998
Review of the Florida Export Finance Corporation
Report 97-59 March 1998

Copies of this report in print or alternate accessible format may be obtained by email OPPAGA@oppaga.fl.gov, telephone (850) 488-0021, or mail 111 W. Madison St., Room 312 Tallahassee, FL 32399-1475.