There are six SBA loan programs that you might need to know about if you are starting a Monroe County business.

  • SBA 7(a) Loans
  • SBA CDC/504 Loans
  • SBA CAPLines
  • SBA Export Loans
  • SBA Microloans
  • SBA Disaster Loans Companies

SBA 7(a) Loans

SBA 7(a) loans are the most popular overall form of SBA financing, so we’ll get into them in greater detail. These loans top out at $5 million and can be used in a number of ways including:

  • working capital
  • refinancing debt
  • Buying a business
  • Buying commercial real estate
  • Buying commercial

Both the SBA Express Loan and SBA Advantage Loan fall into the SBA 7(a) loan program. They have repayment terms up to 10 years, but repayment terms up to 25 years for commercial real estate loans! You do have to have a minimum credit score of 690, some collateral and about 10 to 20 percent to put down as a downpayment.

SBA CDC/504 Loans

SBA CDC/504 Loans are for buying owner-occupied commercial real estate.


SBA CAPLines is a type of loan program for business owners who want a line of credit that can be used multiple times.

SBA Export Loans

SBA Export Loans are specifically for export businesses and are used specifically to finance their export activity.

SBA Microloans

SBA Microloans Businesses are for business owners who need $50,000 or less in working capital.

SBA Disaster Loans

SBA Disaster Loans are for businesses in areas that have been impacted by a declared natural disaster.

Are You Looking for Commercial Property in the Florida Keys?

Use our site to search commercial real estate in Key West and all of the Florida Keys. Unlike the “big name” sites out there, our site is directly connected to our local MLS and is updated faster. By creating a Property Manager account you can stay on top of the newest businesses that go up on the market and get Price Change alerts so you can stay ahead of other buyers and beat them to the best deals!
In the meantime, check out these 1-click searches:
All Businesses for Sale
Office Buildings
Hotels, Motels & Bed & Breakfasts
Bars & Restaurants
Marinas for Sale in Key West
Investment Properties
Business Opportunities