SBA 504 Loans for Florists

Can Florists Use SBA 504 Loans?

While traditional, local florists might be struggling to remain competitive, the situation is brighter when you consider the wider online industry. Florists with a brick and mortar storefront are actually seeing a decline of 1.1% from 2013 to 2018. However, this actually makes this market segment a great fit for an SBA 504 loan.

Taking out an SBA 504 loan can allow florists to make use of the thriving online marketplace, as well as a brick and mortar location. The funds can be used to purchase real estate or build a new location, as well as for purchasing or building a warehouse, greenhouses, and more. The money can also be used for purchasing necessary equipment, including coolers to keep arrangements and stock protected and healthy, and more.

Finally, if your business has incurred growth-related debt, it can likely be refinanced into a 504 loan. However, the debt must meet the same use requirements as the funds from an initial 504 loan – used for real estate, construction/expansion, or the purchase of equipment.


We’re here to help you get the commercial financing you need. Simply fill out the form below for a risk-free consultation and a free SBA loan quote!