Retail & Shops · lender intelligence
How to finance a Plato's Closet in Florida
The SBA 7(a) lenders funding the most Plato's Closet deals in Florida, from public loan records — typical Plato's Closet loan about $467K. A bank already funding the brand in your state knows it twice over.
Deal economics— what it takes to buy & finance Plato's Closet in Florida
$603K
Typical loan
range $168K–$603K
$670K
Est. purchase price
≈ loan ÷ 90%
$89,613
Cash to close
$67,000 down + fees
$7,803/mo
Typical payment
~9.5% · 10yr
$107,681/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
39 days
Typical time to fund
2
Lenders competing
more = leverage
8.21%
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 Plato's Closet in Florida
Ranked by funded Plato's Closet loans in Florida. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.78 loans · $53M · Birmingham, ALFull record →
2+ funded Plato's Closet 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.
- YNWA LLC DBA Plato's Closet in Orlando, FL — $603K (2023) · purchase · Regions Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 9.17% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $452K (75%)
- Approval → funding
- 39 days
- Approved
- 1/13/2023
- First disbursed
- 2/21/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 21
- Business age
- Change of Ownership
- Industry
- Clothing and Clothing Accessories Retailers
If you were the buyer here
- Est. deal size
- $670K
- Est. down payment (10%)
- $67K
- Est. cash at closing
- $90K
- Monthly payment
- $7,694
- Annual debt service
- $92K
- Cash flow needed (1.25×)
- $115K
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 Regions Bank · Lender record →
Your business? Claim this record · Request removal
- E & M Curran, Inc. in Palm Beach Gardens, FL — $168K (2020) · iTHINK Financial CU
- Program
- 7a General
- Rate at approval
- 7.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $126K (75%)
- Approval → funding
- 24 days
- Approved
- 2/5/2020
- First disbursed
- 2/29/2020
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 27
- Business age
- Existing or more than 2 years old
- Industry
- Clothing Accessories Stores
Funded by iTHINK Financial CU
Your business? Claim this record · Request removal
Buying a Plato's Closet 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.
CapBench analysis of public SBA 7(a) lending records; ranked by funded Plato's Closet loans with a Florida project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Plato's Closet 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. Regions Bank funds the most here. CapBench is not a lender.
- $467K typical Plato's Closet loan
- 2 lenders active in Florida
- 2+ funded Florida deals
- 39 days typical to fund
Buyers buying a Plato's Closet 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 2026-06-24.
- 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.