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Flagler Bank

SBA 7(a) Lending Profile · All Time analysis

Loans: 49Volume: $22.5MAvg Loan: $459KAvg Rate: 5.91%Avg Term: 153 monthsJobs: 767

Geographic Distribution

SBA lending activity for Flagler Bank by state

StateLoansVolumeShare
Florida (FL)49$22.5M100.0%
Loan Volume
$22.5M
$22.5M

Why Choose Flagler Bank?

Based on SBA 7(a) lending track record from 1998-2014

  • Proven Track Record: 49 SBA loans approved, totaling $22.5M in financing
  • Industry Expertise: Specialized focus on Continuing Care Retirement Communities, Child Care Services, Supermarkets and Other Grocery Retailers (except Convenience Retailers)
  • Competitive Terms: Average interest rate of 5.91% with flexible term lengths averaging 153 months
  • Loan Range: Loan sizes from $50K to $2.0M, with an average of $459K
  • 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 Flagler Bank SBA lending

What types of businesses does Flagler Bank typically finance?

Flagler Bank specializes in SBA 7(a) lending to specific industries including continuing care retirement communities, child care services, supermarkets and other grocery retailers (except convenience retailers), nursing care facilities (skilled nursing facilities). They have developed expertise in these sectors and understand the unique financial characteristics of each industry.

What are Flagler Bank's typical SBA loan terms?

Flagler Bank's SBA 7(a) loans typically feature an average interest rate of 5.91% and average term length of 153 months (approximately 13 years). Loan sizes range from $50K to $2.0M, with an average loan size of $459K.

Do I need a business valuation for a Flagler Bank SBA loan?

Yes, Flagler Bank 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 Flagler Bank compare to other SBA lenders?

Flagler Bank has originated 49 SBA loans totaling $22.5M since 1998. 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 Flagler Bank lend in?

Flagler Bank 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.

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