Florida Capital Bank

Moving at the Speed of Dirt

In the fast-paced Jacksonville commercial market, speed and agility are everything. Florida Capital Bank (FLCB) is uniquely positioned for this market. Because they are headquartered right here on the First Coast, contractors do not have to wait for a loan committee in New York to approve a draw request or a land deal. They know the dirt, they know the developers, and they move incredibly fast.

They are highly aggressive in providing Working Capital lines of credit. For a growing subcontractor dealing with brutal 60-to-90-day payment terms from a massive GC, a robust line of credit is essential for making weekly payroll and buying materials. FLCB structures these asset-based lines to ensure mid-market trades never have to slow down their operations due to cash-flow bottlenecks.

The ConstructionPerks Take

We think Florida Capital Bank is best for: Growing trade contractors, residential tract builders, and commercial GCs who require rapid, local decision-making for working capital and facility expansion.

One thing to think about is their focus. Their sweet spot is middle-market commercial banking and SBA lending. For highly specialized, massive international letters of credit, a contractor may need to look toward a global banking partner.

Frequently Asked Questions

Can Florida Capital Bank provide working capital lines of credit?

Absolutely. The bank provides asset-based lines of credit to help mid-market contractors bridge the gap between paying their crews and receiving progress payments from GCs.

Can a contractor finance a new warehouse through FLCB?

Yes, they are highly active in providing Owner-Occupied Commercial Real Estate loans to help local trade businesses purchase or build their own facilities.

Are commercial lending decisions made locally?

Yes, as an independent bank headquartered in Jacksonville, all commercial underwriting and loan approvals are executed locally by executives who know the North Florida market.