Coast Bank of Florida
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Coast Bank of Florida · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 561740 | Carpet and Upholstery Cleaning Services | 1 | $32K | $32K | 16.7% |
| 339920 | Sporting and Athletic Goods Manufacturing | 1 | $544K | $544K | 16.7% |
| 561790 | Other Services to Buildings and Dwellings | 1 | $106K | $106K | 16.7% |
| 621310 | Offices of Chiropractors | 1 | $80K | $80K | 16.7% |
| 811111 | General Automotive Repair | 1 | $416K | $416K | 16.7% |
Geographic Distribution
SBA lending activity for Coast Bank of Florida by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Florida (FL) | 6 | $1.3M | 100.0% |
Why Choose Coast Bank of Florida?
Based on SBA 7(a) lending track record from 2003-2004
- ✓Proven Track Record: 6 SBA loans approved, totaling $1.3M in financing
- ✓Industry Expertise: Specialized focus on Carpet and Upholstery Cleaning Services, Sporting and Athletic Goods Manufacturing, Other Services to Buildings and Dwellings
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 133 months
- ✓Loan Range: Loan sizes from $32K to $544K, with an average of $208K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in FL
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Coast Bank of Florida SBA lending
What types of businesses does Coast Bank of Florida typically finance?
Coast Bank of Florida specializes in SBA 7(a) lending to specific industries including carpet and upholstery cleaning services, sporting and athletic goods manufacturing, other services to buildings and dwellings, offices of chiropractors. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Coast Bank of Florida's typical SBA loan terms?
Coast Bank of Florida's SBA 7(a) loans typically feature an average interest rate of — and average term length of 133 months (approximately 11 years). Loan sizes range from $32K to $544K, with an average loan size of $208K.
Do I need a business valuation for a Coast Bank of Florida SBA loan?
Yes, Coast Bank of Florida typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Coast Bank of Florida compare to other SBA lenders?
Coast Bank of Florida has originated 6 SBA loans totaling $1.3M since 2003. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Coast Bank of Florida lend in?
Coast Bank of Florida provides SBA 7(a) financing with particularly strong presence in FL. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Certified valuations are often required for SBA loans over $250,000.
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