Small Business Financing Plant City FL

Looking for Small Business Financing in Plant City? We have compiled a list of businesses and services around Plant City that should help you with your search. We hope this page helps you find Small Business Financing in Plant City.

Mr. Douglas W Granger, CFP®
(813) 752-1500
201 Dort Street
Plant City, FL
Firm
Douglas W Granger, CPA, PA
Areas of Specialization
Tax Preparation
Key Considerations
Average Net Worth: $250,001 - $500,000

Average Income: $50,001 - $100,000

Profession: Self-Employed Business Owners

Data Provided By:
Nathan A Kilton, CFP®
(813) 752-4197
104 N. Evers St
Plant City, FL
Firm
Sedita Kilton Life & Wealth Management

Data Provided By:
Mr. Jeffery M Wallace, CFP®
(863) 688-6863
1910 Lakeland Hills Blvd.
Lakeland, FL
Firm
Ameriprise Financial

Data Provided By:
Mr. John E. Dolphin, CFP®
(813) 665-6612
338 Cindy Ln
Brandon, FL
Firm
John Dolphin Financial Service

Data Provided By:
Mr. Russell B. Diamond, CFP®
(863) 644-1188
3504 S Florida Ave
Lakeland, FL
Firm
John Hancock Financial Network

Data Provided By:
Mr. Joseph E. Sedita, CFP®
(813) 752-4197
104 North Evers Street
Plant City, FL
Firm
Sedita Kilton & Company, Certified Public Accountants, P.L.
Areas of Specialization
Accounting, Asset Allocation, Business Succession Planning, Education Planning, Elder Care, Employee and Employer Plan Benefits, Estate Planning

Data Provided By:
Mr. Steven L. Petersen, CFP®
(863) 688-6863
1910 Lakeland Hills Blvd
Lakeland, FL
Firm
Amerprise Financial
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $50,001 - $100,000



Data Provided By:
Mr. Steven Taylor, CFP®
(863) 688-6863
1910 Lakeland Hills Blvd.
Lakeland, FL
Firm
Ameriprise Financial

Data Provided By:
Mr. Jonathan D. Hermelbracht, CFP®
(863) 670-5557
6825 Shimmering Dr
Lakeland, FL
Firm
Edward Jones

Data Provided By:
Mr. John D Peterson, CFP®
(866) 363-9673
P.O. Box 3549
Lakeland, FL
Firm
The Florida United Methodist Foundation Inc.

Data Provided By:
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Business Financing From The SBA / Small Business Administration

The Small Business Administration is the most useful resource available to startups and established small businesses. An Independent agency of the Executive branch of the Federal Government, the SBA has the responsibility of providing assistance to American small businesses in the areas of advocacy, management, procurement, and financial assistance. The SBA financing comes in the forms of investment programs, business loan programs, disaster loan programs, and bonding for contractors. In most cases, the SBA should be the first business financing resource a small business owner looks to for their financing needs.

The SBA has three different loan programs for small business financing . It is important to know that while the SBA has these programs, they do not actually provide the business financing . The SBA sets the guidelines for these loans, then their partners, which include lenders, community development organizations, and microlending institutions, actually make the loan to small businesses . The SBA guarantees the loans, to reduce the risk to the lenders.

The first type of business loan that the SBA offers is the Basic 7(a) Loan Guaranty. When a small business is unable to obtain financing from other sources, this is the primary business loan program offered. This is the SBA's most flexible business financing program, and it is ideal for start up business financing as well as established business financing . This type of new business financing can be used for most business purposes, such as working capital, equipment, office furnishings, land and building, leases, and even debt refinancing. The maturity date of the loan varies, depending on what the loan is used for. For working capital, the loan maturity is up to 10 years, while it is generally up to 25 years for fixed assets.

There are several different variations of the Basic 7(a) loan program, designed to fill specific needs. This type of loan is the closest a small business owner can get to free business financing, because any fees that the SBA has for administration are charged to the lender. However, the lender does have the right to make those fees a part of your loan, which means that you may ultimately pay those fees.

The second type of loan that the SBA offers is the Microloan. This is known as the 7(m) loan program. These are short-term loans of up to $35,000, and are primarily for small businesses and non-profit child care centers. They are meant to provide working capital, inventory purchases, supplies, furnishings, and equipment. They may not be used to pay existing debts or to purchase real estate. This type of business financing is great for business owners who wish to expand.

The third type of small business financing available through the SBA is a Certified Development Company (CDC) loan. Known as the 504 loan program, these loans should only be sought by businesses that require brick and mortar financing . These are long-term...

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