Business loans · Palm Beach County, FL
Business Loans in Palm Beach County, FL: Options, Rates and Requirements by City
Palm Beach County stretches from Boca Raton to Jupiter and west to the agricultural communities around Belle Glade, with a business base of medical practices, professional firms, hospitality, construction, landscaping and marine services. The money in those businesses moves on a lag: the season, the insurer or the general contractor pays later. This guide covers every funding option open to an established Palm Beach County business in October 2026, what each costs with Prime at 7.00%, what lenders check and how Florida’s disclosure law protects you.
How Do Palm Beach County Businesses Get Funded in 2026?
Established Palm Beach County businesses typically qualify for lines of credit, term loans, revenue-based working capital, merchant cash advances, equipment financing, A/R financing, business-purpose HELOCs and SBA loans, 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. RAN Funding, a Broward-based broker, compares one application across a lender network.
Palm Beach County Business Funding at a Glance
Palm Beach County’s business mix skews toward health care, professional services, hospitality and the trades that serve a large residential base: landscaping, pool, roofing, HVAC and marine. Health care and professional, scientific and technical services are the second- and fourth-largest small business employers in Florida, and both are over-represented in Boca Raton, West Palm Beach and Jupiter. Seasonality is strong from December through April, and the homeowner base makes a business-purpose HELOC a realistic option for many owners.
Business Funding Options in Palm Beach County
Here is the full menu for Palm Beach County businesses, with typical amounts, speed and the situations each product fits.
| Product | Typical range | Speed | Best for in Palm Beach 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.
Palm Beach County Industries We Fund Most
These are the Palm Beach County industries we place most often.
- Medical, dental, med spa and home health: From Boca to Jupiter, practices are the county’s most common funding request: equipment, build-outs and reimbursement lags. Medical practice loans, med spa loans, home health care loans.
- Landscaping, pool, roofing and HVAC: A large residential base keeps the trades busy; equipment and payroll come before the invoice is paid. Landscaping, pool contractor, roofing and HVAC business loans.
- Restaurants, hospitality and golf-adjacent businesses: Season runs December to April; staffing and inventory come in the fall. Restaurant business loans, seasonal business funding, merchant cash advance.
- Professional, financial and IT services: Boca Raton’s office base bills on net-30 to net-60 while paying weekly. Professional services loans, IT services loans, payroll funding.
- Marine, auto and equipment-heavy businesses: Boat dealers, marinas, auto repair and body shops carry expensive inventory and equipment. Equipment financing, inventory financing, auto body shop loans.
- Agriculture and food distribution in the Glades: Seasonal cash cycles and equipment needs west of the turnpike. Wholesale distribution loans, used equipment financing, a line of credit.
What Business Loans Cost in Palm Beach 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 Palm Beach County File
Lenders underwrite a Palm Beach 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 Palm Beach 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 Palm Beach 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 Palm Beach County
Everything runs by phone, email and e-signature; most Palm Beach County clients never need to visit. Our office is in Pembroke Pines if you prefer to meet.
- Tell us what the money is for and when you need it. A Palm Beach 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 Palm Beach County
We fund businesses throughout Palm Beach County, including West Palm Beach, Boca Raton, Delray Beach, Boynton Beach, Jupiter, Palm Beach Gardens, Wellington, Lake Worth Beach, Royal Palm Beach, Greenacres, Riviera Beach and Belle Glade.
Common Questions
Can a Palm Beach County homeowner use a HELOC for their business?
Yes, through a business-purpose HELOC. With Prime at 7.00% it is usually priced at 7% to 9%, among the cheapest variable money available, and it does not depend on the business’s own credit profile. See our Business HELOC guide for amounts, income rules and timing.
Do you fund medical and dental practices in Boca Raton and Jupiter?
Yes. Practices are among the strongest files we place: lines of credit for reimbursement gaps, equipment financing for chairs, imaging and lasers, and SBA loans for build-outs and acquisitions.
How fast can a Palm Beach County business get funded?
Revenue-based financing and merchant cash advances fund within 24 to 48 hours of a complete file. Lines of credit and term loans take two to five business days. SBA loans take 30 to 60 days.
Is RAN Funding a direct lender in Palm Beach 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 Palm Beach 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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