A wise banker once said, "Profits don't pay loans back – cash does." While that comment is somewhat cryptic, it does make a point. Namely, that profits result from an accounting formula that often includes accruals, depreciation, and other items that do not change a company's cash position. On the other hand, cash flow is truly what a company has available on any given day or month to meet its obligations.
What a journey these past six months have been as we have navigated together the updates and processes around PPP to support you and your business. Our Bankers strive to listen and understand the questions you have and, in doing so, relay what information will best serve you. Please find information below in regards to PPP.
Bank of Central Florida is an approved SBA lender for the PPP loans as outlined in the CARES Act.
Bank of Central Florida has exciting news! We are expanding to Plant City and will have a new office opening soon.
Bank of Central Florida is embarking on a new journey with an exciting growth initiative called Vision 2025. Over the next five years, we will be expanding in Central Florida into new markets.
We are extremely PROUD to announce that the Lakeland Chamber’s honorary recognition of the George Jenkins Award was presented to our very own CEO, Paul Noris.
South Lakeland (Headquarters)
5015 South Florida Ave.,
Lakeland, FL 33813
724 South Florida Ave.,
Lakeland, FL 33801
1000 Legion Place, Suite 1200
Orlando, FL 32801
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