Small Business Lending*.
City National Bank of Florida provides the financial resources and tools you need to help grow your business. We are a ready source of funding to keep your business running smoothly day in and day out. You can count on local, responsive decision-making on your business loan requests.
We offer a full array of lending products tailored to your individual business needs:
sba 7(a) Small loans**
Revamp your business. City National Bank of Florida is here to help.
Take part in the SBA's flagship lending program. 7(a) is an affordable and accessible financing solution for small businesses, including borrowers who may not qualify under traditional guidelines.
- Loans from $30,000 to $350,000
- Long repayment terms and competitive interest rates
- Flexible approval requirements
- End-to-end digital application process
Wide range of eligible uses of proceeds including:
- General working capital
- Purchasing inventory
- Hiring employees
- Refinancing business debt
- Marketing
In partnership with industry-leading technology partner Smartbiz, our streamlined online application and expedited approval process make it fast and convenient to get the funds you need to grow your business.***
Apply now and instantly see if you pre-qualify without affecting your credit score!****
Small Business Administration (SBA) Lending Programs are subject to SBA eligibility guidelines and credit and collateral approval. Certain fees and other restrictions may apply. Eligible borrowers must meet all criteria as defined by the Small Business Administration (SBA). Terms and conditions subject to change.
***City National Bank of Florida and Smartbiz Loans are separate legal entities, which are not affiliated with each other in any way by common ownership, management, control, or otherwise. The content, availability, and processing accuracy of their websites and products are the responsibility of each respective company. City National Bank of Florida makes no representations or warranties as to the suitability, accuracy, completeness, or timeliness of the information provided, including any information provided by third parties.
****Smartbiz conducts a soft credit pull that will not affect your credit score. However, in processing your loan application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and happens after your application is in the funding process.
SBA loans are designed for use by for profit businesses.
sba 504 term loans**
SBA 504 loans offer long-term, fixed-rate financing to keep your growing business on the right track. The 504 term loan is generally funded from three sources: CNB, the SBA and borrower's equity.
- Maximum loan amount up to $12.5 million
- Up to 90% total project financing
- Low down payments
- Long fixed-rate repayment terms - up to 20 years on SBA portion of the loan
- No balloon payment on SBA portion
- Improves cash flow, preserves liquidity
Use proceeds to:
- Buy real estate
- Finance major renovations
- Purchase machinery and other equipment
- Construct a new building
SBA loans are designed for use by for profit businesses.
Conventional Financing
Term Loans
Purchase items that will help grow your business. Loan amounts range from $250,000 to $1,000,000
Lines of Credit
Meet your short-term funding needs, such as seasonal cash flow issues or unexpected opportunities. Credit Lines range from $250,000 to $1,000,000.
Our other conventional financing products include:
- Capital Improvement Loans
- Accounts Receivable Lending
- Owner-Occupied Commercial Mortgages
- Business and Inventory Financing
- Professional Lines of Credit
*Loan products are subject to credit approval and program requirements. Terms and conditions apply. This is not a commitment to lend. Loan programs, terms, rates, and conditions are subject to change without notice.
**Subject to certain program credit guidelines and eligibility
COMMERCIAL REAL ESTATE
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Manage finances and cash flow and enjoy everyday access to our City National Bank Of Florida Commercial Banking Experts.