Information Security Alert:
Please note: Fidelity Bank of Florida will never make contact via social media. Contact us directly if you have questions or are contacted via Twitter, Facebook, or any other form of social media.
At Fidelity Bank of Florida, our specialty is small business lending. We understand that small businesses need capital to grow and succeed. Our expertise in making Orlando and Brevard County SBA loans allows us to give entrepreneurs the leverage they need to take their enterprise to the next level.
SBA 7(a)- This loan is designed to enable businesses to grow. 7(a) allows for lower down payments, financing of non-real estate costs such as equipment, inventory and working capital, and terms from 7 years to 25 years with no balloon payments.
SBA 504- This loan program is designed to enable a business to acquire real estate and finance it over a long term at a low rate. The 504 allows for a two-part loan where Fidelity Bank of Florida makes a first mortgage and coordinates with a Certified Development Company (CDC) to make a second mortgage. This program still allows for relatively low down payments with terms from 10 to 25 years and fixed rates on the CDC portion of the loan.
Examples of the types of business that can obtain SBA financing are:
Child Care Center
Adult Living Facility
Pet Care Facility
Many types of Retail Business
Most businesses that would occupy an office if the loan is to purchase the business's location.