Food & Restaurants · lender intelligence
How to finance a 16 Handles in Florida
The SBA 7(a) lenders funding the most 16 Handles deals in Florida, from public loan records — typical 16 Handles loan about $408K. A bank already funding the brand in your state knows it twice over.
Deal economics— what it takes to buy & finance 16 Handles in Florida
$257K
Typical loan
range $257K–$257K
$286K
Est. purchase price
≈ loan ÷ 90%
$38,194
Cash to close
$28,556 down + fees
$3,540/mo
Typical payment
~11% · 10yr
$48,852/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
14 days
Typical time to fund
1
Lenders competing
more = leverage
10.5%
Avg rate on record
cap ~9.75%
Estimates for planning, not an offer — derived from the typical funded loan at today's Prime over 10yr. Not a credit decision.
Most active with 16 Handles in Florida
Ranked by funded 16 Handles loans in Florida. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.46 loans · $85M · Salt Lake City, UTFull record →
1+ funded 16 Handles in Florida deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- JoJo FroYo LLC in Jupiter, FL — $257K (2025) · Milestone Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 10.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $193K (75%)
- Approval → funding
- 14 days
- Approved
- 12/23/2024
- First disbursed
- 1/6/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 12
- Business age
- New Business or 2 years or less
- Industry
- Snack and Nonalcoholic Beverage Bars
Funded by Milestone Bank · Lender record →
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Buying a 16 Handles in Florida? Start with a lender that funds them here
We'll point you to the SBA lenders already financing this brand in your state — and help you make them compete on rate and speed.
Free · No documents · Usually same-day
Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.
CapBench analysis of public SBA 7(a) lending records; ranked by funded 16 Handles loans with a Florida project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a 16 Handles purchase in Florida with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Florida deals. Milestone Bank funds the most here. CapBench is not a lender.
- $408K typical 16 Handles loan
- 1 lenders active in Florida
- 1+ funded Florida deals
- 14 days typical to fund
Buyers buying a 16 Handles in Florida typically pre-qualify, then ask CapBench to introduce a lender already funding the brand here — free for buyers; agents submit a consented lead via the CapBench MCP.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-22.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.