How long does an SBA 7(a) loan take to close?

Typically 30-90 days from application to funding. SBA Preferred Lenders can approve loans in-house, which speeds things up significantly.

Can I use an SBA 7(a) for real estate?

Yes. SBA 7(a) loans can finance commercial real estate purchase, construction, or renovation. Terms up to 25 years for real estate.

What's the difference between SBA 7(a) and 504?

7(a) is more flexible — it can be used for working capital, equipment, and real estate. 504 is specifically for major fixed assets like real estate and large equipment, and typically offers lower rates on the CDC portion.

🏛️

SBA 7(a) Loans in West Palm Beach, FL

Find lenders offering sba 7(a) loans in the West Palm Beach, including Boca Raton, Delray Beach, Jupiter, and surrounding areas. Compare rates, terms, and programs from 152 lenders.

Find West Palm Beach SBA 7(a) Lenders →

Lenders

152

Typical Rate

Prime + 1.5% to 3.75%

Down Payment

10-20%

Term

10-25 years

Closing Time

30-90 days

SBA 7(a) Lenders Serving West Palm Beach

152 lenders offering sba 7(a) loans in the West Palm Beach, FL area.

Newtek Bank, National Association

Local SBA

Miami, FL

Technology-driven SBA preferred lender providing 7(a) loans to small and medium-sized businesses nationwide. Part of Newtek Business Services Corp, offering integrated business solutions including lending, payments, and technology services.

1039 SBA loans

View →

Climate First Bank

Local SBA

St. Petersburg, FL

Mission-driven community bank focused on sustainability and an SBA preferred lender. Offers SBA 7(a) loans, solar and clean energy financing, commercial real estate lending, and conventional business loans with a focus on environmentally beneficial projects.

45 SBA loans

View →

SouthState Bank, National Association

LAKELAND, FL

West Palm Beach Commercial Real Estate Market

West Palm Beach has undergone a dramatic transformation from a secondary South Florida market into a premier destination for financial services firms, with Goldman Sachs, Elliott Management, and Point72 establishing offices along the Clematis Street and Flagler Drive waterfront corridors. The city's downtown has seen a surge in Class A office construction and adaptive reuse projects, while the surrounding Palm Beach County markets of Boca Raton, Delray Beach, and Jupiter attract a mix of corporate users and family offices. Industrial demand in the western portions of the county, particularly along Southern Boulevard and the Turnpike, has increased as South Florida's logistics footprint expands northward. Palm Beach County's high-net-worth population supports luxury retail and hospitality CRE at levels disproportionate to its metro size.

Key Economic Drivers

●Financial firm relocations from New York, including Goldman Sachs and Elliott Management
●Family office and wealth management cluster along the Palm Beach County coastline
●Boca Raton and Delray Beach office and mixed-use expansion along Federal Highway
●Scripps Research Institute and Max Planck Florida driving life sciences demand in Jupiter

Market Insight

Palm Beach County's commercial rents have increased sharply as hedge funds and private equity firms bid for limited Class A space downtown, with some lease rates rivaling Brickell — a reversal of the historical discount this market carried relative to Miami-Dade.