If you are interested in an SBA loan, Gulf Coast Small Business Lending has several options available.
Some restrictions apply, please speak with a Gulf Coast Small Business Lending representative for details. All products and services offered by Gulf Coast Small Business Lending, a division of Gulf Coast Bank & Trust Co. Nothing herein should be construed as a commitment to lend. Loans are subject to credit and collateral approval. Additional terms, restrictions and limitations may apply. Loans are only available to U.S. citizens and residents.
To purchase an existing business
(Sometimes these transactions are referred to as a business acquisition, a merger & acquisition (M&A), or a change of ownership transaction)
Gulf Coast Small Business Lending specializes SBA loans to finance business acquisitions. Purchasing a business is often an advantageous option to expand into a new industry or new geography. Many entrepreneurs choose this route because it is often easier to obtain financing for the acquisition of an existing business, particularly if the business is well-established with supporting financial information.
| Loan amount: | Up to $5,000,000 |
| Advance rate: | Up to 90%, possibly more in select situations |
| Loan repayment term: | 7–15 years, fully amortizing |
| Other benefits: | Working capital and new equipment can be included in the loan amount; We place no limit on the amount of goodwill we will finance when the buyer has good personal credit and relevant industry experience coupled with excellent business cash flow. |
To purchase commercial real estate for my business to occupy
(Sometimes this type of real estate is referred to as owner-user commercial real estate or owner-occupied commercial real estate)
Purchasing commercial real estate for your business to occupy can improve your cash flow and help you build additional equity over time as you take advantage of appreciating property values. Gulf Coast Small Business Lending can help you realize those goals.
| Loan amount: | Up to $10,000,000 |
| Advance rate: | Up to 90% loan to value |
| Loan repayment term: | Up to 25 years, fully amortizing |
| Other benefits: | Available for purchase, construction, or renovation of owner-occupied commercial real estate Loan amount can include additional funds for working capital, property improvements, or other business needs SBA loans are available for special or multi-use property types |
For a veteran of the United States military
Gulf Coast Small Business Lending thanks you for your service and to demonstrate our support is pleased to offer veterans a special enhancement to our standard SBA loan program. We are committed to assisting veterans by providing SBA loans to acquire, start, and/or grow your business.
For qualified veteran-owned businesses, Gulf Coast Small Business Lending will waive the packaging fee, (up to) $2,500 for your SBA loan.
To qualify for this program as a veteran-owned business you must document that your business is at least 51%-owned and controlled by an individual(s) meeting at least one of the following criteria:
Honorably discharged veteran | Active-duty military service member eligible for the military’s Transition Assistance Program (TAP) | Service-disabled veteran | Reservist and/or active National Guard member | Current spouse of any veteran, active-duty service member, Reservist, National Guard member, or the widowed spouse of a service member who died while in service or as a result of a service-connected disability
Benefits of an SBA loan from Gulf Coast Small Business Lending:
- SBA 7a loans available up to $5,000,000 from a direct, nationwide SBA Preferred Lender;
- Long term amortizations up to 25 years with no balloons, calls, or resets;
- Low down-payments and competitive rates;
- Option to include loan and closing costs in the financing package;
- No prepayment penalty on loans with terms up to 15 years. Option to prepay up to 25% of the loan balance each year with no penalty on loans with > 15-year term;
- Multiple borrowing needs can be combined into one loan with one monthly payment;
- Knowledgeable and highly experienced industry experts will guide borrowers throughout the process with a value-added, consultative approach;
- Fast and accurate pre-qualifications at no cost.
To start-up, acquire, or expand a restaurant (either franchise or independent)
At Gulf Coast Small Business Lending, we know restaurants. Our team of SBA professionals have years of experience lending to both independent and franchise restaurants. If you are a restauranteur in need of financing (for either a franchise or independent restaurant), please visit our dedicated Gulf Coast Restaurant & Franchise Finance page for specific and detailed information unique to restaurant and/or franchise finance.
| Loan amount: | Up to $5,000,000 |
| Advance rate: | Up to 90% Note: In select refinance and/or expansion projects we will consider the borrower’s equity position in the existing collateral which may result in zero additional cash injection on the new project. |
| Loan repayment term: | 7 – 25 years, fully amortizing |
| Loan funds may be used for: | Commercial real estate acquisition, new construction, renovation/remodel/ reimage/relocation, business expansion or acquisition, start-up financing/new stores, leasehold improvements, debt refinance, purchase of equipment or inventory, partner buyout, development/ conversion, and/or working capital. |
To start-up, acquire, or expand a franchise business
At Gulf Coast Small Business Lending, we know franchising. Our team of franchise finance professionals have years of experience lending to thousands of stores across dozens of concepts. In fact, Gulf Coast Small Business Lending’s Restaurant & Franchise Finance team is proud to finance franchisees of some of the most recognized brands in the United States. If you are a prospective or existing franchise owner in need of financing, contact us today to get started.
| Loan amount: | Up to $5,000,000 |
| Advance rate: | Up to 90% Note: In select refinance and/or expansion projects we will consider the borrower’s equity position in the existing collateral which may result in zero additional cash injection on the new project. |
| Loan repayment term: | 7 – 25 years, fully amortizing |
| Loan funds may be used for: | Commercial real estate acquisition, new construction, renovation/remodel/ reimage/relocation, business expansion or acquisition, start-up financing/new stores, leasehold improvements, debt refinance, purchase of equipment or inventory, partner buyout, development/ conversion, and/or working capital. |
For direct or indirect exporters through the International Trade Loan Program (ITL)
If your business engages (or is preparing to engage) in international trade, you may qualify for an International Trade Loan (ITL) through the SBA. This program often allows for special enhancements to a traditional SBA loan. Please let us know if your business is either a direct or indirect (meaning your customers export the items/services purchased from your business) exporter. SBA ITL loans may be used to purchase a business through an asset or stock purchase. Contact us today for complete details.
For a childcare facility, daycare center, preschool, charter school, or educational service business
At Gulf Coast Small Business Lending we know the ABCs of the specialized financing requirements of childcare, daycare, preschool, and other educational service providers. Whether you are an independent or franchise operator, an SBA loan is an excellent option to expand, acquire, update, or start-up your business.
| Loan amount: | Up to $5,000,000 |
| Advance rate: | Up to 80%, possibly more in select situations |
| Loan repayment term: | 7-25 years, fully amortizing, depending on loan purpose |
| Other benefits: | We place no limit on the amount of goodwill we will finance when the buyer of an existing business has good personal credit and relevant industry experience coupled with excellent business cash flow. |
For a senior living facility, ALF, assisted living, or skilled nursing facility
Gulf Coast Small Business Lending offers SBA financing for the long-term care industry to buy, build, expand, or upgrade. We have provided SBA loans for many such projects nationwide and have the expertise to guide you through the SBA loan process.
| Loan amount: | Up to $5,000,000 |
| Advance rate: | Up to 90% |
| Loan repayment term: | Up to 25 years, fully amortizing |
For a hotel/hospitality project
Gulf Coast Small Business Lending offers SBA financing for the hospitality industry to buy, build, refinance, re-brand, or upgrade. We have provided SBA loans for many such projects nationwide and have the expertise to guide you through the SBA loan process.
| Loan amount: | Up to $5,000,000 |
| Advance rate: | Up to 90% |
| Loan repayment term: | Up to 25 years, fully amortizing |
For an RV park, campground, or glamping grounds
Gulf Coast Small Business Lending offers SBA financing for the RV park, campground, and glamping grounds industries to purchase land for new facilities; improve existing facilities; invest in in machinery, furniture, technology, or supplies to better accommodate campers; acquire existing businesses; refinance business debt; or buyout partners. Our professional team of highly experienced SBA lenders understands the RV park and campground/glamp ground industries as well as the needs of facility owners.
| Loan amount: | Up to $5,000,000 |
| Advance rate: | Up to 90% |
| Loan repayment term: | Up to 25 years, fully amortizing |
To refinance or restructure business debt
Whether you currently have a loan with a balloon payment or note that carries a high interest rate, our Gulf Coast Small Business Lending team will work with you to restructure and refinance eligible business debt to free up cash flow with lower monthly payments.
| Loan amount: | Up to $5,000,000 |
| Advance rate: | Up to 100% of current balance(s) |
| Loan repayment term: | 7 – 25 years, fully amortizing |
To expand my business or add additional location(s)
Growth is great, but often it requires additional capital. At Gulf Coast Small Business Lending, we finance expansion into new markets, opening new locations, investment in new equipment, hiring additional employees, innovative marketing campaigns, and more. Our SBA loans provide attractive, flexible funding to help your business grow.
| Loan amount: | Up to $5,000,000 |
| Advance rate: | Up to 90% |
| Loan repayment term: | 7 – 25 years, fully amortizing |
To buy out a business partner
When the time comes, Gulf Coast Small Business Lending can assist with an SBA loan to buy out a business partner. While this can sometimes be sensitive to navigate, our experienced professionals are ready to help you through the process. We recommend that you contact us as soon as possible when you begin to consider this option. Frequently there are many planning and negotiating requirements, and we can help make sure your financing is in place when you are ready to finalize a partner buyout.
| Loan amount: | Up to $5,000,000 |
| Advance rate: | Up to 90%, possibly more in select situations |
| Loan repayment term: | 7–15 years, fully amortizing |
| Other benefits: | We place no limit on the amount of goodwill we will finance when the remaining partner has good personal credit, and the business demonstrates excellent cash flow. |
For a purpose or business type not listed here
We have highlighted several of the more common types of SBA loan requests; however, we frequently consider and fund SBA loans for businesses in many other industries and for a number of other purposes. In fact, Gulf Coast Small Business Lending is NOT an ordinary lender. If your deal makes sense (and, of course, if it is SBA-eligible) then we’re interested. It is truly as simple as that. We encourage you to reach out to our team of experienced SBA industry professionals to discuss your unique needs. We are here to help.
Additional information about choosing the right SBA lender for your project as well as a Q&A with helpful information from one of our experienced business development officers can be found in the Resources section of our website.
Some restrictions apply, please speak with a Gulf Coast Small Business Lending representative for details. All products and services offered by Gulf Coast Small Business Lending, a division of Gulf Coast Bank & Trust Co. Nothing herein should be construed as a commitment to lend. Loans are subject to credit and collateral approval. Additional terms, restrictions and limitations may apply. Loans are only available to U.S. citizens and residents.