Business Details
37 Years
experience
Trusted SBA 504 Loan Provider in Florida
Since 1989, Florida Business Development has been dedicated to empowering small businesses through innovative financing solutions. Our expertise in SBA 504 loans and other programs ensures businesses access long-term, fixed-rate financing for real estate, equipment, and refinancing needs. With over 35 years of experience, we prioritize certainty, speed, and exceptional service, supporting clients from application through loan servicing.Our team of seasoned professionals delivers personalized guidance, helping businesses preserve capital and achieve growth objectives. As Florida's premier 504 lender, we combine deep industry knowledge with a commitment to community economic development, ensuring clients receive tailored financial strategies that drive success.
Services
SBA 504 Loans
Commercial Refinancing
Bridge Loans
Veteran Loans
Direct Lending
Details
- Year established: 1989
Highlights and features
- Over 35 years of expertise in SBA 504 loan programs.
- Streamlined processes ensuring rapid loan approval and funding.
- Dedicated team provides end-to-end support for all clients.
- Specialized financing options for veterans and underserved markets.
- Recognized as Florida's most active SBA 504 lender.
Associations and certifications
- SBA Certified Development Company (CDC)
What people say
Top-notch service
Quick turnaround
Knowledgeable staff
Reliable partners
Seamless process
Services
SBA 504 Loans
SBA 504 loans provide long-term financing for purchasing real estate, equipment, or refinancing existing debt. Businesses benefit from low down payments (as low as 10%), fixed interest rates, and repayment terms up to 25 years. This program helps companies preserve working capital while expanding operations through affordable, structured financing solutions.
Commercial Refinancing
Commercial refinancing allows businesses to restructure existing real estate or equipment debt. This program offers potential cash-back opportunities, reduced interest rates, and extended repayment terms. It helps businesses improve cash flow, reduce monthly payments, and access capital for growth while maintaining fixed-rate stability.
Bridge Loans
Bridge loans provide temporary funding to minimize risks for lenders during SBA 504 projects. These loans ensure project completion by covering gaps in financing. They offer flexibility for businesses needing immediate capital while securing long-term financing through the SBA 504 program.
Veteran Loans
Veteran loans offer specialized financing for veteran-owned businesses through the VetLoan Advantage Plus program. This initiative provides enhanced loan access, reduced down payments, and dedicated support. It empowers veterans to start or expand businesses with tailored financial solutions and expert guidance.
Direct Lending
Direct lending programs offer flexible financing for small businesses in underserved markets. Loans range from $50,000 to $400,000 with low collateral requirements. This program supports businesses needing quick access to capital for growth, equipment purchases, or operational improvements.
People
Bill Habermeyer
President & CEO
Bill Habermeyer leads Florida Business Development with over 35 years of experience in SBA lending. He drives strategic growth and ensures the organization maintains its reputation as Florida's premier 504 lender.
Bob Zinkil
Executive V.P & COO
Bob Zinkil oversees daily operations at Florida Business Development, ensuring efficient loan processing and compliance. His leadership supports the company's mission to deliver fast, reliable financing solutions.
Mark Mayhew
Chief Lending Officer
Mark Mayhew directs lending strategies at Florida Business Development, leveraging decades of expertise to guide clients through complex financing options and ensure successful loan outcomes.
Daniel Martinez
Vice President
Daniel Martinez serves as a Vice President, providing hands-on support to clients in West Florida. His meticulous approach ensures seamless loan applications and timely closings.
Armando Martinez
Senior Vice President
Armando Martinez leads the Southeast Florida team, offering personalized service and deep industry knowledge. His expertise in SBA programs ensures clients receive tailored financial solutions.
Questions
What is an SBA 504 loan?
An SBA 504 loan provides long-term financing for purchasing real estate, equipment, or refinancing existing debt with low down payments and fixed rates.
How does an SBA 504 loan differ from a commercial loan?
SBA 504 loans offer lower down payments (10%), longer terms (up to 25 years), and fixed rates compared to traditional commercial loans.
What can I use an SBA 504 loan for?
Funds can be used for purchasing land, buildings, equipment, construction, renovations, or refinancing existing commercial debt.
Who is eligible for an SBA 504 loan?
For-profit businesses with a net worth under $20 million and net profit under $6.5 million after taxes qualify for SBA 504 loans.
Does FBDC offer financing for veterans?
Yes, FBDC provides specialized financing through the VetLoan Advantage Plus program to support veteran-owned businesses with enhanced loan access.
How quickly can I get approved for an SBA 504 loan?
FBDC prioritizes fast approvals, with experienced teams ensuring efficient processing from application to closing for timely funding.
