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

Mark Bryant

SVP/Dir. of Government Lending
Atlanta, GA
404-316-2891

Carlos Calero Cobo

VP/SBA Relationship Manager
Homestead, FL
786-602-8490

Tim Dollins

VP/SBA Relationship Manager
Birmingham, AL
205-777-1306

Jordan Hallam

FVP/ SBA Relationship Manager
Sarasota, FL
941-306-0104

Marshall Harris

VP/SBA Relationship Manager
Orlando, FL
407-463-9690

Kameron Knowlton

VP/SBA Relationship Manager
Jacksonville, FL
754-264-5710

Leigh Milton

SVP/SBA Relationship Manager
Atlanta, GA
770-337-3022

Steve Penza

VP/SBA Relationship Manager
Vero Beach, FL
772-617-2158

Laurel Sendach

AVP/SBA Relationship Manager
Fort Lauderdale, FL
561-212-9819


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!