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Florida Business Development Corporation

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Description

Specializing in small business financing, this institution offers comprehensive SBA loan programs designed to support entrepreneurs and growing companies. With a focus on the Tampa area, it provides tailored financial solutions that include SBA 7(a) loans, microloans, and other small business lending options. The bank is committed to helping local businesses access the capital they need to expand, purchase equipment, or manage cash flow challenges. Its experienced team guides borrowers through the application process, ensuring clarity and support at every step. Whether you’re a startup or an established business, this lender offers flexible terms and competitive rates to meet your unique needs. The institution’s strong community presence and dedicated service make it a trusted partner for small business success in Florida.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.8
Google Review Count
8
Question 1
What is this place and what can I find here?
Answer 1
This is a financial institution that specializes in SBA loans and small business financing, providing support and funding options to help your business grow and succeed.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It"s recommended to schedule an appointment to ensure dedicated assistance, but walk-ins are also welcome during business hours.
Question 3
What are the hours of operation?
Answer 3
The bank operates from Monday to Friday, 9:00 AM to 5:00 PM.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for inquiries; however, standard loan application and processing fees may apply depending on the loan type.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This institution primarily serves small businesses and entrepreneurs within the region, but eligibility depends on meeting specific loan criteria.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of 620 is typically required for guarantors.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process usually takes between 2 to 4 weeks, depending on the complexity of the application and completeness of documentation.
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