Advanced Financial Corp Gets a Florida Business Loan
Florida bank loans are available to Florida firms through the SBA. In this case, a Florida bank provides the loan.
You can learn something about getting a small business loan in Miami, Florida by studying this loan to Advanced Financial Corp, made back in 2005. Banks like Bankunited, Fsb may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
ADVANCED FINANCIAL CORP
1041 IVES DAIRY ROAD
MIAMI, FL 33179
SBA Loan Lender
BANKUNITED, FSB
255 ALHAMBRA CIR, 2ND FL
CORAL GABLES, FL 33134
The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
531311 - Residential Property Managers
Loan Approval Date
11/1/2005
Loan Approval Gross Amount
$200,000
Loan Approval from the SBA
Of the total $200,000 loan amount, the SBA guaranteed $100,000.
More Information on This SBA Loan
The borrower, Advanced Financial Corp, borrowed this money for an existing business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 7 employees. The loan application indicated that the loan would help generate 5 new jobs and retain 7 existing jobs.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan to Advanced Financial Corp shows that any business with ambition and the right qualifications can get an SBA loan.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Debt Financing
Best Banks in Coral Gables, Florida
Getting an SBA Loan in Florida
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