Guides & Resources

Financing a Service Business in Florida

Service-based businesses in Florida's thriving economy face financing challenges, but opportunities abound.

Matthew Elling

September 8, 2023

Service-based businesses in Florida's thriving economy face financing challenges, but opportunities abound. Restaurants, healthcare providers, contractors, and professional services are successful despite not having many assets for financing.

Florida's tourism industry is a boon for service businesses of all kinds. Restaurants serve millions of visitors annually, and healthcare providers are in high demand due to the state's large senior population. Hospitality businesses, including hotels, resorts, theme parks, and supporting services, are expanding. Contractors are thriving with commercial projects and the hot housing market. Professional service firms, such as legal, marketing, HR, and IT, open offices to support the growth in population and businesses.

Before you apply, check to see if you qualify.

No application or obligation.