Business loans · Broward County, FL
Business Loans in Broward County, FL: Options, Rates and Requirements by City
Broward County is home to roughly two million people and the businesses that serve them, from the marine and hospitality economy on the coast to the medical, construction and home-services base in the western suburbs. RAN Funding is headquartered in Pembroke Pines, in the middle of the county. This guide covers every funding option open to an established Broward business in October 2026, what each costs with Prime at 7.00%, what lenders check, and the Florida disclosure rules that protect you.
How Do Broward County Businesses Get Funded in 2026?
Established Broward County businesses typically qualify for lines of credit, term loans, revenue-based working capital, merchant cash advances, equipment financing, A/R financing and SBA loans, in amounts from $10,000 to $2 million (SBA to $5 million). Fast products fund in 24 to 48 hours; lines and term loans in two to five days; SBA in 30 to 60 days. One application through RAN Funding, a Broward-based broker, is compared across a lender network rather than one bank.
Broward County Business Funding at a Glance
Broward’s economy is spread across 31 municipalities, with distinct business clusters: marine and hospitality in Fort Lauderdale, Hollywood and Pompano Beach; medical and home health around Pembroke Pines, Plantation and Coral Springs; aviation and logistics near the airport and Port Everglades; and construction and home services everywhere. Florida’s 3.5 million small businesses employ 3.8 million people, and the three largest small business sectors statewide, accommodation and food services, health care and construction, are all heavily represented here.
Business Funding Options in Broward County
The purpose sets the product. Here is the full menu, with typical amounts, speed and the Broward businesses each one fits best.
| Product | Typical range | Speed | Best for in Broward County | Guide |
|---|---|---|---|---|
| Business line of credit | $10K – $2M | 1 – 3 days | Recurring gaps: payroll, inventory, slow receivables | Lines of credit |
| Business term loan | $20K – $2M | 2 – 5 days | One investment: build-out, vehicles, a second location | Term loans |
| Working capital / revenue-based | $10K – $1M | 24 – 48 hours | Fast money sized to monthly deposits, credit from 500 | Working capital |
| Merchant cash advance | $10K – $500K+ | Same day – 48 hours | Card-heavy retail, restaurants and hospitality | MCA |
| Equipment financing | $10K – $5M | 2 – 7 days | Trucks, kitchens, lifts, medical and production equipment | Equipment |
| SBA 7(a) / 504 | Up to $5M | 30 – 60 days | Lowest cost for established, bankable files | SBA loans |
| Accounts receivable financing | $20K – $5M | 3 – 7 days | B2B companies waiting 30 – 90 days on invoices | A/R financing |
| Business HELOC | Up to $750K | 5 – 10 days | Homeowners who want the cheapest variable money | Business HELOC |
Compare every product on one page in loan types, or see what fits a specific situation in business funding in Florida.
Broward County Industries We Fund Most
These are the Broward County industries we place most often, with the product that usually fits.
- Hospitality, restaurants and marine: Coastal Broward runs on a December-to-April season and the fall boat show; staffing and inventory come first. Restaurant business loans, seasonal business funding, a merchant cash advance for card-heavy operators.
- Health care, dental and home health: The county’s largest employment sector; reimbursement lags are the normal gap. Medical practice loans, dental practice loans, home health care loans.
- Construction and trades: Roofing, HVAC, plumbing, electrical and concrete companies front labor and materials on 30- to 90-day pay. Construction, roofing, HVAC, electrical contractor loans, contract bridge funding.
- Logistics, aviation services and wholesale: Port Everglades and FLL support a base of freight, aviation and distribution companies with slow receivables. Wholesale distribution loans, A/R financing, truck financing.
- Retail, auto and personal services: Inventory, equipment and build-out costs across hundreds of plazas. Retail, auto repair, salon and spa, gym business loans.
- Professional and IT services: Payroll-heavy firms billing on net-30 and net-60. Professional services loans, IT services loans, payroll funding.
What Business Loans Cost in Broward County in October 2026
Business loan pricing in Florida follows the same benchmarks as the rest of the country, and the benchmark moved in September: the prime rate rose to 7.00% on September 17, 2026, after the Federal Reserve’s first hike since 2023. Here is what that means by product right now.
| Product | How it is priced | Typical cost at Prime 7.00% |
|---|---|---|
| SBA 7(a) variable | Prime + 3.00 to 6.50 (capped by SBA) | 10.00% – 13.50% APR |
| Bank line of credit | Prime + 1 to 4 | 8% – 11% APR |
| Business HELOC | Prime + 0 to 2 | 7% – 9% APR |
| Online term loan | Fixed rate, set at funding | 10% – 36% APR; higher for weaker credit |
| Equipment financing | Fixed rate, set at funding | 9.9% – 24% APR |
| Revenue-based / MCA | Factor rate, fixed payback | Factor 1.11 – 1.50 (roughly 20% – 90%+ APR equivalent) |
What a 0.25-point Prime move does to a $250,000 SBA 7(a) loan (10 years, Prime + 3)
Principal and interest only. The next Fed decision is October 28, 2026; see our prime rate guide for scenarios.
Fixed-rate products you already hold do not change when Prime moves; lines, SBA variable loans and HELOCs do. Full detail in Prime rate is 7%: what it means for business loan rates and factor rate vs APR.
What Lenders Look for in a Broward County File
Lenders underwrite a Broward County business the same way they underwrite one anywhere else: deposits, time in business, personal credit, existing debt and, for larger amounts, collateral. The Federal Reserve’s 2026 Small Business Credit Survey shows how those odds play out by product nationally.
Share of applicants fully approved, by product (Fed SBCS 2026)
81% of applicants were approved for at least part of the request; 42% received everything. Source: Federal Reserve Banks, 2026 Report on Employer Firms.
- Bank statements: the last three months (six for larger amounts). Steady deposits of $20,000 a month or more are the minimum for every product in our network; higher deposits open larger amounts.
- Time in business: sometimes six months for revenue-based products, one year for most term loans and lines, two years for banks and SBA.
- Personal credit: 500+ for revenue-based financing, 600 – 650 for most online term loans and lines, 680+ for bank and SBA pricing.
- Existing advances: stacked daily-payment positions are the most common reason a strong Broward County file gets cut down. Ask about a reverse consolidation first.
- Florida paperwork: a Sunbiz-registered entity in good standing, an EIN, a business bank account in the entity’s name and a Florida driver’s license or ID for every owner of 20% or more.
See the full breakdown in business loan approval rates in 2026 and business loan requirements.
Florida’s Commercial Financing Disclosure Law and Your Rights
Since January 1, 2024, Florida’s Commercial Financing Disclosure Law (HB 1353) has required providers of commercial loans, lines of credit and receivables purchases of $500,000 or less to give Broward County borrowers a written disclosure at or before signing. It must show the total funds you receive, the dollar cost of the financing, the payment schedule and any prepayment charges. The law also sets rules for brokers: no advance fees beyond actual costs, no false or misleading statements, and every advertisement must list the broker’s address and phone number. Violations carry fines of $500 per incident, up to $20,000.
What to do with the disclosure. Read the dollar cost line and the payment schedule, then ask for the same numbers from a second lender. The disclosure does not have to show an APR, so convert the cost yourself with our factor rate calculator. Any provider that will not put the numbers in writing before you sign is telling you something.
How Florida compares with other states is covered in merchant cash advance disclosure laws by state.
How to Apply From Broward County
Apply online, call, or come to our Pembroke Pines office. Offers typically come back the same day on complete files.
- Tell us what the money is for and when you need it. A Broward County restaurant covering payroll Friday and a contractor buying a second truck get different products.
- Upload three months of business bank statements as PDFs from your online banking, plus a voided check and your driver’s license.
- Get offers within hours. One application, one soft credit pull, offers from multiple lenders side by side with the total payback shown on each.
- Pick the cheapest product that funds in time. We will tell you if a line or SBA loan beats the fast option, and what the wait costs.
- Sign and fund. Most revenue-based products fund in 24 – 48 hours; lines and term loans in 2 – 5 business days; SBA in 30 – 60 days.
Areas We Serve Around Broward County
We serve every Broward municipality, including Fort Lauderdale, Hollywood, Pembroke Pines, Miramar, Coral Springs, Pompano Beach, Davie, Plantation, Sunrise, Weston, Deerfield Beach, Tamarac, Lauderhill, Margate, Coconut Creek and Cooper City.
Common Questions
Which Broward County cities do you fund businesses in?
All of them. The products, requirements and pricing are the same whether the business is in Fort Lauderdale, Hollywood, Coral Springs, Pompano Beach or Weston; only the file matters. Our office is in Pembroke Pines.
Is an SBA loan realistic for a Broward County business?
If the business has two or more years of history, personal credit around 680 or higher and cash flow that covers the payment, yes. SBA 7(a) loans were fully approved for 37% of applicants nationally in 2026 and take 30 to 60 days. If the file is not there yet, a line or term loan funds in days and an SBA refinance can come later.
What is the minimum revenue for a business loan in Broward County?
About $20,000 a month in business deposits for the smallest revenue-based products, $20,000 a month for most term loans and lines, and higher for larger amounts. Six months in business is the floor for fast products; two years for banks and SBA.
Is RAN Funding a direct lender in Broward County?
No. RAN Funding is a business financing broker headquartered in Pembroke Pines, Florida. We present your application to a network of lenders and show you the offers you qualify for; the funding partner sets the approval, amount, rate, fees and terms.
What does a business loan cost in Florida right now?
With Prime at 7.00%, SBA 7(a) variable loans cap at 10.00% to 13.50%, bank lines run about 8% to 11%, online term loans 10% to 36% APR, and revenue-based products carry factor rates from about 1.11 to 1.50. Your file, not your city, sets the price.
Does Florida require lenders to disclose the cost of a merchant cash advance?
Yes. Florida’s Commercial Financing Disclosure Law has applied since January 1, 2024 to commercial financing of $500,000 or less. Providers must disclose the funds provided, the dollar cost, the payment schedule and prepayment terms at or before signing. An APR is not required, so compare the dollar cost yourself.
Sources
- Florida Small Business Profile, 2025 — U.S. Small Business Administration, Office of Advocacy
- Connecticut and Florida enact commercial finance disclosure laws (Florida HB 1353) — Mayer Brown
- 2026 Report on Employer Firms: Findings from the 2025 Small Business Credit Survey — Federal Reserve Banks
- H.15 Selected Interest Rates (bank prime loan rate 7.00%) — Board of Governors of the Federal Reserve System
- 7(a) loan program terms, conditions and eligibility — U.S. Small Business Administration
See What Your Broward County Business Qualifies For
One application, about five minutes, soft pull only. A funding specialist in our Pembroke Pines office tells you which products fit your file, what they cost and how fast each one funds.
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