Florida Citizens Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Florida Citizens Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|
Geographic Distribution
SBA lending activity for Florida Citizens Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Florida (FL) | 3 | $494K | 100.0% |
Why Choose Florida Citizens Bank?
Based on SBA 7(a) lending track record from 2003-2003
- ✓Proven Track Record: 3 SBA loans approved, totaling $494K in financing
- ✓Industry Expertise: Specialized focus on
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 100 months
- ✓Loan Range: Loan sizes from $144K to $200K, with an average of $165K
- ✓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 Florida Citizens Bank SBA lending
What types of businesses does Florida Citizens Bank typically finance?
Florida Citizens Bank specializes in SBA 7(a) lending to specific industries including . They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Florida Citizens Bank's typical SBA loan terms?
Florida Citizens Bank's SBA 7(a) loans typically feature an average interest rate of — and average term length of 100 months (approximately 8 years). Loan sizes range from $144K to $200K, with an average loan size of $165K.
Do I need a business valuation for a Florida Citizens Bank SBA loan?
Yes, Florida Citizens 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 Florida Citizens Bank compare to other SBA lenders?
Florida Citizens Bank has originated 3 SBA loans totaling $494K 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 Florida Citizens Bank lend in?
Florida Citizens 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.
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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