Home & Trade Services · lender intelligence

How to finance a Mr. Appliance in Florida

State:

The SBA 7(a) lenders funding the most Mr. Appliance deals in Florida, from public loan records — typical Mr. Appliance loan about $150K. A bank already funding the brand in your state knows it twice over.

Deal economics— what it takes to buy & finance Mr. Appliance in Florida

$150K

Typical loan

range $150K–$875K

$167K

Est. purchase price

≈ loan ÷ 90%

$21,467

Cash to close

$16,667 down + fees

$2,196/mo

Typical payment

~12.5% · 10yr

$30,305/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

9 days

Typical time to fund

Lenders competing

more = leverage

9.01%

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 Mr. Appliance in Florida

Ranked by funded Mr. Appliance loans in Florida. Tap a lender for its full record, or hit Get in touch for an introduction.

1.575 loans · $220M · De Graff, OHFull record →
2.1,296 loans · $1.4B · Wilmington, NCFull record →
3.20 loans · $8M · Saint Petersburg, FLFull record →
4.138 loans · $276M · Sioux Falls, SDFull record →

8+ funded Mr. Appliance 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.

Mr. Appliance in Punta Gorda, FL — $2.0M (2025) · purchase · Pathward National Association
Program
Preferred Lenders Program
Rate at approval
10% variable
Term
120 mo (10 yrs)
SBA guaranteed
$1.5M (75%)
Approval → funding
24 days
Approved
10/22/2024
First disbursed
11/15/2024
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
20
Business age
Change of Ownership
Industry
Appliance Repair and Maintenance
If you were the buyer here
Est. deal size
$2.3M
Est. down payment (10%)
$227K
Est. cash at closing
$312K
Monthly payment
$26,959
Annual debt service
$324K
Cash flow needed (1.25×)
$404K
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 Pathward National Association · Lender record →
Your business? Claim this record · Request removal
APPLIANCE DOCTOR OF SPRING HILL, FL, LLC in Spring Hill, FL — $150K (2025) · BayFirst National Bank
Program
Preferred Lenders Program
Rate at approval
12.75% variable
Term
120 mo (10 yrs)
SBA guaranteed
$128K (85%)
Approval → funding
2 days
Approved
11/6/2024
First disbursed
11/8/2024
Loan status
Current
Loan type
Term loan
Collateral
Not required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
3
Business age
Existing or more than 2 years old
Industry
Appliance Repair and Maintenance
Funded by BayFirst National Bank · Lender record →
Your business? Claim this record · Request removal
Mr. Appliance of Spring Hill in Spring Hill, FL — $70K (2025) · BayFirst National Bank
Program
Preferred Lenders Program
Rate at approval
12.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$60K (85%)
Approval → funding
7 days
Approved
6/25/2025
First disbursed
7/2/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
2
Business age
Existing or more than 2 years old
Industry
Appliance Repair and Maintenance
Funded by BayFirst National Bank · Lender record →
Your business? Claim this record · Request removal
BJ'S APPLIANCE SERVICE INCORPORATED in Sebring, FL — $150K (2023) · United Midwest Savings Bank National Association
Program
Preferred Lenders Program
Rate at approval
10.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$128K (85%)
Approval → funding
3 days
Approved
1/3/2023
First disbursed
1/6/2023
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
6
Business age
Startup, Loan Funds will Open Business
Industry
Appliance Repair and Maintenance
Funded by United Midwest Savings Bank National Association · Lender record →
Your business? Claim this record · Request removal
MR. APPLIANCE OF TAMPA BAY in Tampa, FL — $65K (2023) · Live Oak Banking Company
Program
Preferred Lenders Program
Rate at approval
9% variable
Term
120 mo (10 yrs)
SBA guaranteed
$55K (85%)
Approval → funding
18 days
Approved
3/27/2023
First disbursed
4/14/2023
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
16
Business age
Existing or more than 2 years old
Industry
Appliance Repair and Maintenance
Funded by Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
LADRU OF TAMPA LLC in Tampa, FL — $875K (2021) · purchase · Live Oak Banking Company
Program
Preferred Lenders Program
Rate at approval
5.85% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$788K (90%)
Approval → funding
10 days
Approved
3/16/2021
First disbursed
3/26/2021
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
16
Business age
Change of Ownership
Industry
Other Personal and Household Goods Repair and Maintenance
If you were the buyer here
Est. deal size
$972K
Est. down payment (10%)
$97K
Est. cash at closing
$133K
Monthly payment
$9,649
Annual debt service
$116K
Cash flow needed (1.25×)
$145K
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 Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
CARTIER APPLIANCE REPAIR LLC in Lakeland, FL — $150K (2021) · United Midwest Savings Bank National Association
Program
Preferred Lenders Program
Rate at approval
6% variable
Term
120 mo (10 yrs)
SBA guaranteed
$128K (85%)
Approval → funding
0 days
Approved
12/8/2020
First disbursed
12/8/2020
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
4
Business age
Startup, Loan Funds will Open Business
Industry
Appliance Repair and Maintenance
Funded by United Midwest Savings Bank National Association · Lender record →
Your business? Claim this record · Request removal
SCHMITT GROUP LLC in Orlando, FL — $150K (2020) · United Midwest Savings Bank National Association
Program
Preferred Lenders Program
Rate at approval
6% variable
Term
120 mo (10 yrs)
SBA guaranteed
$128K (85%)
Approval → funding
9 days
Approved
9/21/2020
First disbursed
9/30/2020
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
2
Business age
Startup, Loan Funds will Open Business
Industry
Appliance Repair and Maintenance
Funded by United Midwest Savings Bank National Association · Lender record →
Your business? Claim this record · Request removal

Buying a Mr. Appliance 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.

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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.

By submitting, I agree that CapBench may share my contact information with SBA lending partners and loan brokers (including partners who compensate CapBench), and that they and CapBench may contact me about financing by phone, email, and text — including via autodialed or prerecorded calls and messages — at the phone number and email I provide. Consent is not a condition of any purchase or service, and message and data rates may apply. CapBench is not a lender and makes no credit decision.

CapBench analysis of public SBA 7(a) lending records; ranked by funded Mr. Appliance loans with a Florida project address. Mega-bank call-center lenders excluded.

Agent summary

How to finance a Mr. Appliance 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. United Midwest Savings Bank National Association funds the most here. CapBench is not a lender.

$150K typical Mr. Appliance loan
4 lenders active in Florida
8+ funded Florida deals
9 days typical to fund

Buyers buying a Mr. Appliance 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.

Next steps

Pre-qualify this deal Talk to a loan broker All Mr. Appliance lenders

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/lenders/franchise/mr-appliance/florida
API:: https://www.capbench.com/api/public/lenders?franchise=mr-appliance
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.