Business Loans
So often, the success of a business
depends on a combination of factors: a good idea, management
with vision and strong leadership, hard work, and strategic partnerships
with suppliers and professional service providers.
At Eagle National Bank, we are proud
of the many businesses we have helped achieve success by providing
them with the credit they needed... when they needed it... quickly,
conveniently, and professionally.
Since 1957, we've been a part
of the economic health of Florida. We're ready to serve you today.
   
COMMERCIAL REAL
ESTATE
For most of our history, Real Estate
has been one of the most important factors in the growth and
economic development of Florida.
Eagle National Bank is a proud supporter of this essential industry
with a broad spectrum of real estate secured loans.
We offer:
- Mini-permanent and permanent financing
of multi-family dwellings, warehouses, office buildings, retail
shopping centers and other income-producing property.
- Construction financing of multi-family
and commercial income-producing properties for developers and
investors. Construction loans may be converted to Permanent loans
at the conclusion of construction.
LINES OF CREDIT
Growth, expansion, taking advantage
of new technology... the right credit at the right moment can
make all the difference to your business.
Establishing a Business Line of Credit
can help you spend less time on day to day cash flow and more
time focused on the issues important to the management and growth
of your business.
Eagle National Bank provides lines of
credit for working capital tailored to your specific needs.
For example:
- Meet the needs of seasonal financing
with credit to allow increased inventory or increased manufacturing
capacity.
- Asset based lending, using accounts
receivable and inventory as security, can help assist with short
term cash flow needs.
- Whatever your specific business need
is, we can design a line of credit to meet it.
TERM LOANS
Term loans are available right now for
major purchases including manufacturing equipment, computer hardware
and software, service vehicles and heavy equipment. Permanent
working capital and leasehold improvements can also be funded
with a term loan.
Company assets provide security and
repayment periods are typically from one to five years.
SBA 504 LOANS
See us first to meet your expanding
needs for purchase of your own location. We can provide term
loans to suit your requirements.
Eagle National Bank is proud to be a
partner with the Small Business Administration in helping to
provide credit for new businesses and other companies which cannot
easily obtain conventional bank financing. Funds are available
for a variety of purposes, including working capital, real estate
purchase, general business expansion, equipment, and inventory.
The SBA 504 loan is long term, fixed
rate financing to help small businesses acquire real estate,
machinery and equipment. In addition, this loan may be used to
make property improvements at the time of acquisition. With an
SBA 504 loan, the bank typically underwrites 50% and the SBA
guarantees 40%, requiring only 10% equity from the borrower.
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