Commercial Loans

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:

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    Vehicles and Equipment

    If you drive for business, you can put the title of your car in the business’s name. It’s easier and quicker than a standard commercial vehicle loan and based on qualification, you’ll have the added benefit of getting the consumer loan rate and business tax advantage*. Qualifying vehicles include:

    • Passenger vehicles or light duty trucks for business purposes
    • Heavy-duty commercial vehicles with competitive pricing and a streamlined process if under $100,000. (Can also accommodate over $100,000 and fleets for over 5 vehicles).
    • Commercial equipment purchases. Our terms are better than manufacturers offerings and can be a better alternative than an equipment manufacturer. It’s more competitive and has a quicker turnaround time once we have all the needed information. None of our vehicle or equipment loans have prepayment penalties.
    *Consult with your tax accountant

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:

Florida Small Business Development Corporation (SBDC)

Small Business Administration (SBA)