If your business is ready for growth, a Small Business Administration (SBA) loan may be exactly what you need. CenterState Bank specializes in providing long-term financing to small businesses through the SBA (U.S. Small Business Administration) loan guarantee program.  CenterState has an experienced team of commercial lenders that understand the needs of today’s small business.

Meet our SBA Bankers

Banking Team Member Mark Bryant

Mark Bryant

SVP/Dir. of Government Lending
Atlanta, Georgia
(404) 316-2891

Banking Team Member Jordan Hallam

Jordan Hallam

FVP/ SBA Relationship Manager
Sarasota, Florida
(941) 306-0104

Banking Team Member Brad Zinn

Brad Zinn

VP/SBA Relationship Manager
Fort Lauderdale, Florida
(954) 253-0525

Banking Team Member Marshall Harris

Marshall Harris

VP/SBA Relationship Manager
Orlando, Florida
(407) 463-9690

Banking Team Member Steve Penza

Steve Penza

VP/SBA Relationship Manager
Vero Beach, Florida
(772) 617-2158


Banking Team Member Kameron Knowlton

Kameron Knowlton

VP/SBA Relationship Manager
Jacksonville, Florida
(754) 264-5710


SBA 7(a) Loans from $250,000 up to $5 Million

CenterState Bank specializes in providing long-term financing to small businesses through the SBA (U.S. Small Business Administration) loan guarantee program.

Differences for SBA and Conventional loans: Lower down payment, longer amortization/lower monthly payments, No balloon payments.

Use of Funds

  • Real estate purchase as low as 10% down.
  • Construction, refinance or improvements.
  • Majority of space must be owner-occupied. More than 51%.
  • Business acquisition.
  • Equipment acquisition.
  • Permanent working capital.
  • Expansion financing or debt consolidation.

Interest Rates and SBA Fee

  • Variable rates tied to Prime.
  • SBA guarantee fee (can be financed in most circumstances)

Terms

  • Fully amortized, SBA loans are assumable.
  • Real estate: as low as 10% down, up to 25 years.
  • Business acquisition: as low as 20% down, up to 10 years.
  • Equipment acquisition: up to 10 years.
  • Permanent working capital: up to 10 years.

Timing

  • Loan prequalified within 48 hours.
  • Funding as fast as 30 days.
  • Loan commitments typically in 10 business days after receipt of completed application on most transactions.

Other:

  • Minimum loan amount should be $250,000.
  • Cash Flow should be a historic 1.15 on most loans, we will factor in projections.

Getting Started

We welcome the opportunity to show you the CenterState difference. We are dedicated to providing you ways to make running your business easier.   Please contact one of our SBA Bankers today! Small Business + CenterState Bank = A great team!