Commercial Lenders Jacksonville, FL

Looking for commercial lenders in Jacksonville, FL? As a business owner in this area, you may require funding to expand or sustain your business. One way to secure this funding is by approaching a commercial lender like Customers Bank. Our bank provides a wide range of financial products and services to help you manage your finances effectively.

With our commitment to exceptional customer service and the convenience of digital banking, Customers Bank has served the small business community since 1997. We have multiple locations across Florida, Illinois, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island, and Texas for the convenience of our customers.

Commercial lenders offer different types of loans that cater to the needs of businesses. Some of the most popular include term loans, SBA government-guaranteed loans, lines of credit, equipment financing, and commercial real estate loans.

Borrower Favorites

• Commercial Real Estate Loans: Customers Bank offers flexible interest rates, repayment terms, and payment schedules for purchasing, renovating, and building commercial, industrial, retail, and mixed-use real estate projects.
• SBA Government-Guaranteed Loans: These loans are partially guaranteed by the Small Business Administration (SBA) and can assist with startup costs, working capital, real estate purchases, expansions, and more. Customers Bank is proud to be an SBA-preferred lender and offers comprehensive options such as SBA 7(a), CDC/SBA 504, and USDA Business & Industry loans.
• Business Term Loans: Business term loans from Customers Bank are an excellent funding option for covering significant expenses. Borrowers enjoy a high degree of flexibility, with few limitations on how the funds can be used. Loan amounts and terms are typically determined based on your credit history, borrowed amount, and how you plan to use the loan.
• Equipment Loans: Studies show that most businesses in the U.S. rely on business equipment loans to keep their operations running smoothly. You can use the equipment you purchase as collateral, whether you need funds for heavy equipment or printing and computing equipment.
• Business Lines of Credit: Business lines of credit are popular because they operate more like a credit card. You can use the funds for expenses such as cash flow, payroll, inventory, equipment repair, etc. In general, you are only required to pay interest on the funds you withdraw. As you pay the principal, the credit line is replenished, allowing you to reuse the funds repeatedly without submitting a new loan application.

Eligibility, Fees & Timing

To be eligible for a commercial loan, lenders typically consider factors such as your financial history, credit score, debt-to-income ratio, loan-to-value ratio, and overall net worth. Fees vary depending on the lender and the type of loan and can include origination fees, application fees, and prepayment penalties. The timing for the commercial loan process can also vary, with the application process taking several weeks or months and the funds not being immediately available after approval.

Conclusion

As top commercial lenders in Jacksonville, FL, Customers Bank offers multiple financing options to help your business through every growth stage. Reach out to one of our experienced lending officers to determine which financing option best meets your needs. Trust us to give your business the advantage it needs.