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Top SBA Lenders in Florida for Other Services

9 SBA 7(a) lenders active in Florida's other services sector.

Lenders

9

36 loans

Total Volume

$44.8M

Median Rate

Prime + 2.50%

State avg: Prime + 2.50%

Default Rate

1.4%

State avg: 1.7%

Top Other Services Lenders in Florida

1Byline Bank

Loans

6

Rate

P+2.75%

1.6%

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2Live Oak Bank

Loans

6

Rate

P+1.50%

1.3%

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3BayFirst National Bank

Loans

6

Rate

P+2.75%

4.5%

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Rate Distribution (Other Services in Florida)

All Other Services Lenders in Florida

#LenderLoansVolumeRateDefault Rate
1Byline Bank6$9.0MP+2.75%1.6%
2Live Oak Bank6$11.7MP+1.50%1.3%
3BayFirst National Bank6$1.8MP+2.75%4.5%
4United FCU3$1.9MP+2.50%0.0%
5Capital Community Bank3$2.3MP+2.50%0.0%
6LendingClub Bank, National Association3$2.3MP+2.25%7.7%
7Brookline Bank3$5.7MP+2.25%0.9%
8SouthState Bank, National Association3$5.7MP+2.63%0.4%
9Banesco USA3$4.5MP+2.75%0.0%

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Other Services SBA Lending in Florida

9 SBA 7(a) lenders are active in Florida's other services sector, having originated 36 loans totaling $44.8M. The median rate for other services acquisitions in Florida is Prime + 2.50%, compared to the statewide median of Prime + 2.50%.

The 10-year cumulative default rate for this niche is 1.4%, which is below the state average of 1.7% — indicating relatively lower risk.

Frequently Asked Questions

How many SBA lenders specialize in other services in Florida?

9 SBA 7(a) lenders have originated other services acquisition loans in Florida, with a combined 36 loans.

What rate can I expect for a other services acquisition in Florida?

The median rate is Prime + 2.50% (Prime + spread). This compares to a statewide median of Prime + 2.50%. Actual rates depend on loan size, borrower qualifications, and collateral.

What is the default rate for other services SBA loans in Florida?

The 10-year cumulative default rate is 1.4%, compared to a statewide average of 1.7%.

Data source: SBA 7(a) FOIA lending data. Rankings are based on loan count within the selected state and industry. Rates shown are median interest rates expressed as Prime + spread. Default rates represent 10-year cumulative default rates.

Figures shown here are historical SBA 7(a) lending data presented for general information only. They are not an offer of credit, a prediction of the terms you will receive, or financial advice. VerSquare is not a licensed broker, lender, or financial advisor. Consult a licensed professional before making a financing decision.