Florida Business Development Corporation (FBDC) has operated for over 35 years as a Community Development Financial Institution (CDC) focused on SBA 504 lending. The company has financed more than $14 billion in total approved projects and served 9,489+ businesses while contributing to an estimated 80,000 jobs created across the region.
FBDC's primary offering is the SBA 504 Loan Program, which finances up to 90% of project costs through a three-tier structure: 10% borrower contribution, 50% from a bank or credit union, and 40% from FBDC's SBA 504 note. They also offer SBA 504 refinancing options, a 504 Velocity Bridge Loan Program for risk mitigation, VetLoan Advantage Plus for veteran-owned businesses, and Direct Lending programs ranging from $50,000 to $400,000. Eligible businesses must be for-profit with net worth under $20 million and net profit under $6.5 million.
FBDC differentiates itself through fixed-rate long-term financing (up to 25 years), minimal down payments as low as 10%, and rapid processing times. As of March 2026, their rates ranged from 5.613% for 10-year debentures to 5.786% for 20-year refinancing. The company emphasizes personalized service, stating their team provides support from initial application through the full loan lifecycle. Their competitive advantage lies in regional market dominance and decades of institutional experience.
While FBDC offers competitive SBA 504 financing with substantial project approval history, the service is limited to small businesses meeting specific net worth and profit thresholds. The company's website contains placeholder content (Lorem ipsum), which raises questions about current website maintenance and information currency. SBA 504 loans are inherently complex and require bank participation, making approval timelines longer than alternative small business lending products.
