Franchise · lender intelligence

How to finance a Cruisin' Tikis

State:

The SBA 7(a) lenders funding the most Cruisin' Tikis deals, ranked from public loan records — typical Cruisin' Tikis loan about $590K. A bank that has funded the brand knows the model — faster approvals, better terms.

Deal economics— what it takes to buy & finance Cruisin' Tikis

$590K

Typical loan

range $90K–$1.02M

$656K

Est. purchase price

≈ loan ÷ 90%

$87,681

Cash to close

$65,556 down + fees

$7,634/mo

Typical payment

~9.5% · 10yr

$105,349/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

24 days

Typical time to fund

Lenders competing

more = leverage

8.29%

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 Cruisin' Tikis

Ranked by funded Cruisin' Tikis loans. Tap a lender to open its full record, or hit Get in touch for an introduction.

1.15 loans · $13M · Flowood, MSFull record →
2.112 loans · $112M · Irving, TXFull record →
3.2,539 loans · $965M · Columbus, OHFull record →
4.1,322 loans · $185M · Wilmington, DEFull record →

6+ funded Cruisin' Tikis 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.

Cruisin' Tikis Leisure Group, LLC in Riviera Beach, FL — $590K (2026) · purchase · VelocitySBA, LLC
Program
Preferred Lenders Program
Rate at approval
10% variable
Term
120 mo (10 yrs)
SBA guaranteed
$443K (75%)
Approval → funding
24 days
Approved
11/24/2025
First disbursed
12/18/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
2
Business age
Change of Ownership
Industry
All Other Consumer Goods Rental
If you were the buyer here
Est. deal size
$656K
Est. down payment (10%)
$66K
Est. cash at closing
$88K
Monthly payment
$7,797
Annual debt service
$94K
Cash flow needed (1.25×)
$117K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by VelocitySBA, LLC · Lender record →
Your business? Claim this record · Request removal
Dynamic Investments Tikis LLC in Destin, FL — $2.2M (2025) · purchase · The Huntington National Bank
Program
Preferred Lenders Program
Rate at approval
9.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$1.6M (75%)
Approval → funding
35 days
Approved
2/28/2025
First disbursed
4/4/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
29
Business age
Change of Ownership
Industry
Scenic and Sightseeing Transportation, Water
If you were the buyer here
Est. deal size
$2.4M
Est. down payment (10%)
$239K
Est. cash at closing
$329K
Monthly payment
$27,833
Annual debt service
$334K
Cash flow needed (1.25×)
$418K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
Destin Tikis LLC in Destin, FL — $150K (2023) · Bank of America, National Association
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
9.75% variable
Term
120 mo (10 yrs)
SBA guaranteed
$75K (50%)
Approval → funding
15 days
Approved
11/22/2022
First disbursed
12/7/2022
Loan status
Paid in full (4/30/2025)
Loan type
Revolving line
Collateral
Not required
Business type
Corporation
Jobs supported
2
Business age
Existing or more than 2 years old
Industry
Scenic and Sightseeing Transportation, Water
Funded by Bank of America, National Association · Lender record →
Your business? Claim this record · Request removal
MJ Charters LLC in Waretown, NJ — $40K (2023) · TD Bank, National Association
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
12.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$20K (50%)
Approval → funding
9 days
Approved
3/27/2023
First disbursed
4/5/2023
Loan status
Current
Loan type
Revolving line
Collateral
Not required
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
Scenic and Sightseeing Transportation, Water
Funded by TD Bank, National Association · Lender record →
Your business? Claim this record · Request removal
Destin Tikis LLC in Destin, FL — $1.0M (2022) · Bank of America, National Association
Program
Preferred Lenders Program
Rate at approval
3.24% fixed
Term
96 mo (8 yrs)
SBA guaranteed
$763K (75%)
Approval → funding
7 days
Approved
4/25/2022
First disbursed
5/2/2022
Loan status
Paid in full (4/30/2025)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
2
Business age
Existing or more than 2 years old
Industry
Scenic and Sightseeing Transportation, Water
Funded by Bank of America, National Association · Lender record →
Your business? Claim this record · Request removal
Orange Beach Tikis LLC in Destin, FL — $90K (2021) · Community Bank of Mississippi
Program
Preferred Lenders Program
Rate at approval
5% fixed
Term
84 mo (7 yrs)
SBA guaranteed
$77K (85%)
Approval → funding
45 days
Approved
12/15/2020
First disbursed
1/29/2021
Loan status
Paid in full (7/31/2024)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
8
Business age
Startup, Loan Funds will Open Business
Industry
Scenic and Sightseeing Transportation, Water
Funded by Community Bank of Mississippi · Lender record →
Your business? Claim this record · Request removal

Buying a Cruisin' Tikis? Start with a lender that has funded the brand

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CapBench analysis of public SBA 7(a) lending records; ranked by funded loans to Cruisin' Tikis businesses. Mega-bank call-center lenders excluded.

Agent summary

How to finance a Cruisin' Tikis purchase with an SBA 7(a) loan: the lenders that fund the brand most (from public records), the typical loan size, and what it takes to qualify. Community Bank of Mississippi funds the most. CapBench is not a lender.

$590K typical Cruisin' Tikis loan
5 lenders fund the brand
24 days typical to fund

Buyers researching a Cruisin' Tikis typically pre-qualify for SBA 7(a) financing next, then ask CapBench to introduce a lender that already funds the brand — free for buyers; agents can submit a consented lead via the CapBench MCP.

Next steps

Pre-qualify this deal Talk to a loan broker Cruisin' Tikis record

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-20.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/lenders/franchise/cruisin-tikis
API:: https://www.capbench.com/api/public/lenders?franchise=cruisin-tikis
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.