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March 28, 2024  
 
 
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Business Loan Cape Canaveral, Florida

 
Loan Census SBA Loan Info

Getting a business loan in Cape Canaveral, Florida seems challenging at first, but we're here to help you get started.

These materials were prepared for small business owners in Cape Canaveral, Florida who are interested in getting a bank loan.

Business Loan Providers for Cape Canaveral Businesses

This is a list of banks outside of Cape Canaveral, Florida that have provided SBA loans to Cape Canaveral businesses. Some of these may be national banks with local branch locations.

Small Business Bank Recent SBA Loans
Bank Of America
Charlotte, NC
10
Branch Bank & Trust
Winston Salem, NC
1
Business Lenders, LLC
Hartford, CT
1
Business Loan Center, LLC
Richmond, VA
1
Capital One
Mclean, VA
1
Pnc Bank, National Association
Pittsburgh, PA
1
Suntrust Bank
Richmond, VA
1
Wachovia SBA Lending, Inc.
Roseville, CA
1

Tips for Getting a Business Loan in Cape Canaveral

As a prerequisite to contacting banks to get a bank loan, you will need to have a specific plan.

You need to be able to clearly explain your business, explain how much you want to borrow, define how the money will be used, and show your ability to pay the loan back to the bank.

Being able to present a well-written business plan is essential. If the financing is to for a company that is already doing business, you should also have financial statements covering the last three years. You will also need to discuss what collateral you have available to secure the loan. Collateral is relevant because banks always want to be prepared for a worst-case scenario in which cash flow from the business does not meet your projections.

If the business has few assets, you will likely be asked to secure the business with your personal assets, such as the equity in your home. The banks will check on your personal credit history in any case, so hopefully you have good credit history -- you may want to get a copy of your credit history prior to meeting with the banker.

Many of the banks in our list are SBA lenders. Before you sit down to talk with a small business banker, you may want to get up to speed on SBA loans programs to see if you qualify. SBA 7(a) loans, SBA 504 loans and SBA disaster assistance loans may be available to you.

Gaebler.com Advice on Raising Money

Gaebler.com is a site that is passionate about helping entrepreneurs, and we have a lot of resources related to to Raising Money. To learn more, we would suggest you read 504 Loans.

Business Loan Sources for Other Cities in Florida
Get a Business Loan in Brooksville
Get a Business Loan in Cape Coral

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