Central Florida Store Services, located in Sanford, Florida, is the Sunshine State’s one-stop shop for B2B commercial facility management. Established in 2003, the company provides a wide range of services for its clients, including HVAC and refrigeration, remote monitoring, kitchen equipment installation, building maintenance, and project management. Their ability to offer turnkey services is rare in the industry, which is a major benefit for their clients.
Peter Rorke, the new owner of Central Florida Store Services, has resided in Florida for the last 4 years and was eager to establish a foothold in this rapidly expanding market as a small business owner. He began searching for a business to acquire that would be a strategic fit for his skills and background in construction management. After more than a year of thorough evaluations, he identified Central Florida Store Services as the perfect opportunity. However, Peter needed financing in order to complete the business acquisition. He reached out to Julia Smith, one of our experienced Business Development Officers, after working with her on potential financing for other businesses. Julia let Peter know that this transaction would be a great fit for an SBA loan, which often comes with benefits including longer loan terms and lower down payments. She was ultimately able to structure an SBA 7(a) loan that helped Peter acquire the business, along with an SBA Express Line of Credit which allowed him to keep cash flow in the business.
Peter had this to say about his experience partnering with Julia and the team at FNB Small Business Finance:
I had a pleasant experience dealing with Julia. I felt that she was on our side and wanted to make the deal happen. She prepared me well for the SBA lending process and was very helpful. I would absolutely recommend Julia and FNB to other business owners!
Congratulations to Peter for successfully achieving financing for his business! We wish him all the success in the world and can’t wait to see what he accomplishes.
