Commercial Microloans

Whether you’re in need of a commercial real estate loan, term loan or working capital line of credit, Suncoast Business Services is here to help you discover and apply for the financial assistance your company needs.

Select a Service:

  • Small Business Owners

    Microloans from Suncoast

    Whether you’re starting a new business or ready to take your business to the next level, you need someone who believes in your venture to help you get there. Suncoast’s new microloans were designed for just that.

    Benefits of Microloans

    Our expert team is ready to help you get the lending you need with flexible requirements, low rates and low monthly payments.

    Get funding when you need it with a streamlined approval process and local decision-making. Plus, Suncoast partners with the U.S. Small Business Administration as an SBA lender.

    Microloans are available from $500 up to $25,000. Funds can be used for:

    • Purchasing new or upgrading equipment
    • Funding for new vehicles
    • Working capital or lines of credit to support daily operations
    • Helping buy or expand inventory

    Come visit our Business Innovation and Solutions Center

    You can connect with mentors, access business resources and receive financial education.

    We offer:

    • Educational workshops
    • Community resources
    • Networking opportunities
    • Professional finance experts

    Business Innovation and Solutions Center
    6801 E. Hillsborough Ave.
    Tampa, FL 33610

    For more information about hours of operation and upcoming events, please contact [email protected].

Starting a business savings

Starting Your Own Business

Starting a business savings

If you’re thinking about or getting ready to start your own business, here are some things a lender will want to know in order to apply for a loan:

  • Business Plan (including 3 years projected profit and loss statement)
  • Resume of experienced management
  • Personal financial statement and tax returns (past three years of returns)
  • Members must have 25-35% of their own funds to put into the business
  • Personal resources or assets for collateral
  • Business structure – (Sole Proprietor, LLC, LLP, Corporation, etc.)
  • Market study considering competition and market climate
  • No criminal history by any owner (SBA requirement)
  • Statement of how the borrowed funds will be used to start the business

For low to no cost assistance in starting or improving your business; contact these government and state level organizations: