SBA Loans in Merritt Island, FL
Unlock the power of the SBA to fuel your business growth, with flexible terms and low rates
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Great Rates, Less Requirements & Smaller Down Payments
SBA loans in Merritt Island, FL are a vital resource for growing businesses. StartCap provides expert guidance and flexible options to meet your financial needs. Start building a stronger future for your business today.
Rates as Low as 6%
Yes, you read that correctly—access SBA loans with competitive rates that help your business thrive.
Terms up to 25 Years
Enjoy long repayment terms, giving you the flexibility to manage your cash flow over time.
Flexible Uses
Use your SBA loan for working capital, equipment, real estate, or other business expenses.
We're More Than Merritt Island SBA Loans
For businesses in Brevard County, StartCap provides the financial resources you need to succeed. Our solutions are tailored to meet your specific business needs, helping you navigate challenges and seize new opportunities.
From idea to orbit, we've got you covered.
No matter where you're at in your journey, we have options to help you get to the next level.
Idea-Stage
Got a brilliant idea and ready to launch? We’ll help you get registered with your state and secure the funding you need to take off.
Early-Stage
Lifting off can be tough, but it doesn’t have to be. We’re here to give your new venture the boost it needs to soar.
Well-Established
Keep operations running seamlessly with the right funding for vendors, inventory, payroll—whatever your business needs to stay on course.
+ 3-Months of Free Digital Marketing
For a limited time, our expert in-house marketing team is offering 3 months of premium marketing services—valued at $20,000—to help drive leads and sales for your start-up, whether you're in Merritt Island or nationwide.
Here's a truck load of stuff to get kicked off
Find SBA Loans Near Merritt Island, FL
In Merritt Island and surrounding areas, financial tools are within reach to empower entrepreneurs to expand and achieve their goals. Our solutions provide the resources needed to succeed. From Rockledge to West Melbourne and beyond, we're your credit line specialists.
SBA Loan FAQ's
Merritt Island, a coastal gem in FL, offers a dynamic business environment for founders seeking financial support. Small business owners exploring SBA loan options will find multiple resources in Brevard County's entrepreneurial ecosystem. Local financial institutions provide tailored solutions for various business needs and growth strategies.
Here are a few local suggestions:- Community Credit Union of Cape Canaveral at North Banana River Drive & Courtenay Parkway
- Harris Bank at Merritt Island Plaza & Sykes Creek Parkway
- Space Coast Credit Union at Florida State Road 520 & Courtenay Parkway
- Bankers Financial at Garden Street & Courtenay Parkway
- First Wind Bank at North Courtenay Parkway & Pineda Causeway
- Southeast Bank at Merritt Square Mall location
SBA loans in Merritt Island typically cover working capital, equipment purchases, real estate investments, and expansion projects. New business owners can explore 7(a) loans, 504 development loans, and microloans tailored to specific entrepreneurial requirements. Local financial advisors can help founders match their precise business funding needs.
Note: StartCap is not associated with the above lenders in any way. Contact your local branch for the most accurate information & requirements.Interest rates for SBA loans in Merritt Island, can vary widely based on the lender, loan type, and your personal credit profile. Traditional banks typically offer rates between 6% to 12% for well-qualified borrowers, though approval can be strict. SBA loans in Merritt Island, which are popular for new businesses, generally have rates ranging from 6% to 13%, depending on the loan program. Alternative and online lenders may have higher rates, often between 6% to 30%, as they take on more risk, offer more flexible requirements, and time to funding is much faster.
Yes, your business needs to be registered with the state to qualify for SBA funding. However, to receive funding from StartCap, your business doesn't need to be registered with the state. We can help you explore alternative funding options that rely more on personal credit, income, or assets if you're not registered. Or, we can help you to get registered.
Small businesses in Merritt Island, FL can access SBA loans through various local and regional financial institutions. Qualifying businesses typically include service providers like landscaping companies, HVAC contractors, plumbing services, restaurants, retail shops, and professional consulting firms operating in Brevard County.
The Small Business Administration supports local start-ups and established enterprises with specific criteria. Businesses must demonstrate financial need, maintain good credit, operate within Merritt Island's economic zones, and show potential for growth and job creation in Florida's Space Coast region.
