SBA Loans Florida
We're well aware of the issues with closing SBA loans in Florida. This state has been hit hard with foreclosures and commercial property values have seriously declined. Also, the economy being largely dependant on real estate development as well as tourism has suffered more than most.
Many national or regional banks are leary to lend in Florida and have "red lined" the state. Also, many smaller local FL banks have serious internal issues with land deals and other commercial real estate transactions that have defaulted. The result is that many of the local and national banks have no interest in doing deal in Florida.
Despite these challenges we are closing SBA loans in Florida and are looking for new loan requests. We offer a broad array of SBA loan programs that fit virtually any property type or borrower situation. We have loan programs for borrowers that are struggling to find financing to borrowers that are in a solid position and are shopping for the most competitive loan programs available.
SBA Loans Florida - Overview
Heres a quick overview of the SBA loans that we doing in Florida:
- Loan amounts range from $400,000 to $13,000,000.
- Transaction must have commercial real estate.
- Fixed rates from quarterly adjusting to 25 years fixed.
- Up to 90% loan to value.
- Credit scores as low as 620.
- Virtually any property type.
- We do both SBA 7a loans or SBA 504 Loans.
Commercial Finance Advisors, Inc has a can do attitude and is actively closing SBA loans in Florida. We can help you find the best possible program for your unique situation. Fill out our pre approval form now to take the first step.
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Commercial Finance Advisors, Inc.
Focused on commercial mortgage and SBA loans from $400,000 to $12,000,000, nationwide.
261 E Maple Rd
Birmingham, Michigan 48009
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