SBA Loans in Florida
SBA 7(a) and SBA 504 financing for Florida businesses — purchases, owner-occupied real estate, equipment and working capital, placed through our network of SBA lenders.
Talk to a loan consultantSBA 7(a) vs. SBA 504: which program fits your business
The two SBA programs solve different problems. SBA 7(a) is the general-purpose program: working capital, equipment, a business acquisition, refinancing eligible business debt, or buying the building your business operates from. SBA 504 is long-term, fixed-rate financing for fixed assets — owner-occupied real estate, buildings and heavy equipment — structured with a Certified Development Company alongside a bank.
Commercial Loans Florida places both programs through its network of banks and non-bank SBA lenders. We look at the business first and recommend the program that fits the use of funds, the collateral and the timeline. Read our comparison, SBA 7(a) vs. SBA 504 for Florida entrepreneurs, and the guide to SBA 504 loan requirements for more detail.
- Loan amounts up to $5,000,000
- Terms up to 10 years for working capital, equipment and business-purpose uses — longer terms apply to real estate
- All business types considered
- Owner-occupied commercial real estate, business acquisition, equipment, working capital and debt refinance
- Lending in Florida and in more than 40 states
What Florida businesses use SBA financing for
Owner-occupied real estate
Buy, build or expand the property your business operates from. See our <a href="/commercial-real-estate-loans-in-florida">commercial real estate loans</a> for investment property instead.
Business acquisition
Purchase an existing business or buy out a partner with SBA 7(a) financing.
Equipment
Finance machinery, vehicles and equipment over a term that matches their useful life.
Working capital
Inventory, payroll, marketing and growth capital under the 7(a) program.
Debt refinance
Refinance eligible business debt into one SBA loan.
Expansion and construction
Build or renovate an owner-occupied facility; see also our <a href="/construction-loans-in-florida">construction loans</a>.
Industries we place SBA loans for
SBA programs are used across the Florida businesses we work with every week: doctor and medical practices, RV parks and campgrounds, assisted living facilities, childcare centers, automotive businesses, retail plazas and industrial properties. If your industry is not on the list, tell us about it — all business types are considered.
How the SBA process works with us
Read more about SBA programs
Our blog covers the programs in depth: Comparing SBA 7(a) and SBA 504 loans and Understanding SBA 504 loan requirements. For investment property that is not owner-occupied, look at DSCR loans instead.
Frequently asked questions
What is the maximum SBA loan amount?
The SBA programs we place go up to $5,000,000. The right amount depends on the use of funds and the business financials.
What is the difference between SBA 7(a) and SBA 504?
SBA 7(a) is the general-purpose program (working capital, equipment, acquisitions, real estate). SBA 504 is long-term fixed-rate financing for fixed assets such as owner-occupied real estate and heavy equipment.
Can SBA financing buy commercial real estate?
Yes, when the business occupies the property. For investment property that you rent to others, a DSCR or commercial real estate loan is usually the better fit.
How much do I need to put down?
It depends on the program, the lender and the file. We tell you what to expect after reviewing the business and the use of funds.
How long does an SBA loan take?
It depends on the file — the lender's underwriting sets the pace. We prepare the package so the process moves as fast as it can.
What credit score do I need?
There is no single number. SBA lenders look at the whole file: the business, its cash flow, the owners and the collateral.
Can a new business get an SBA loan?
It depends on the business plan, the owners' experience and the lender. Tell us about the business and we will say what fits.
Do you only work in Florida?
Our office is in South Pasadena, Florida, and we place loans in more than 40 states.
Ready to explore an SBA loan?
Contact usCommercial Loans Florida, Inc. is located at 1155 Pasadena Ave S, South Pasadena, FL 33707 and is open Monday to Friday, 9 AM to 5 PM EST. Call (727) 642-1166 or use the contact page to talk about your SBA loan.