BayFirst National Bank

This is a bank that offers SBA loan programs to small businesses, providing financing options for growth, equipment, and real estate needs, with personalized support throughout the process.

It's recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins are also welcome during business hours.

BayFirst National Bank's contact center operates Monday through Friday, 8:00 a.m. to 6:00 p.m. eastern time; confirm in-person banking or SBA lending hours with the bank.

There are no fees to visit or consult; however, loan application fees and closing costs may apply depending on the loan terms.

This bank primarily serves local small business owners and residents in the Saint Petersburg area, but they may consider out-of-area applications for certain programs.

A minimum personal credit score of 640 is generally recommended, but the actual requirement may vary based on the specific loan and borrower profile.

The underwriting process typically takes 2 to 4 weeks, depending on the completeness of the application and the complexity of the loan.

No, BayFirst National Bank is closed on weekends (Saturday and Sunday); confirm with the bank.

BayFirst National Bank is located in Florida — see the contact card for the full address. Most bank locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.

This page is an independent directory listing for BayFirst National Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by BayFirst National Bank itself, which runs its own lending under its own ownership. If you work at BayFirst National Bank, you can claim this listing from this page to manage it.

The core details for BayFirst National Bank — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with BayFirst National Bank before applying. If you represent BayFirst National Bank, claim this listing to keep its information up to date.

Contact BayFirst National Bank at (833) 698-2265. For SBA loan assistance, email SBA@banescousa.com; confirm details with the bank.

Based on its approved SBA loans, BayFirst National Bank most often finances businesses in construction & contractors, wholesale & distribution, medical practices & clinics, general retail, manufacturing, and transportation & trucking. This reflects BayFirst National Bank's real SBA 7(a) and 504 lending history rather than a stated policy — it can still consider other industries and sets its own current preferences, so confirm with BayFirst National Bank which sectors it actively lends to before you apply.

SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether BayFirst National Bank participates in SBA Express depends on its specific SBA lending authority. Contact BayFirst National Bank and ask if it offers SBA Express and what the current limits and terms look like for your situation.

SBA Preferred Lender Program (PLP) status lets a lender approve loans in-house without sending each one to the SBA first, which usually means faster decisions. Many established banks hold PLP status, but it varies by institution. BayFirst National Bank can confirm its current PLP standing — ask before you apply if speed matters to you.

The SBA does fund start-ups, but many traditional lenders prefer at least two years of operating history and may ask newer ventures for a larger equity injection or stronger collateral. BayFirst National Bank's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask BayFirst National Bank directly whether it considers start-up loans.

For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask BayFirst National Bank what down payment it expects for your specific commercial real estate purchase.

SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask BayFirst National Bank to spell out any prepayment penalties before you sign.

SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with BayFirst National Bank to confirm it qualifies and how to document it.

A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. BayFirst National Bank weighs this case by case under its own policy, so be upfront about your history and ask BayFirst National Bank how it evaluates prior bankruptcies.