Florida First Capital Finance Corporation
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 Florida First Capital Finance . Lender Update 
August 2004 
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SBA 504 Rates

SBA 504 July Effective Rate Falls To 6.59%

The 20-year 504 rates announced Today (8/11/2004) are:

Effective Rate: 6.59%,
(1st 5 years): 6.46%
Note Rate: 5.24%
Debenture Rate: 5.17%

The 10-year 504 rates are:

Effective Rate: 6.10%,
Note Rate: 4.49%
Debenture Rate: 4.33%

in this issue
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  • 504 Expo in Miami-Dade
  • FFCFC Achieves Lowest Closing Costs in Florida
  • Businessweek: Long Live the 504

  • FFCFC Achieves Lowest Closing Costs in Florida
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    Lenders and borrowers can be assured that Florida First Capital's closing costs and servicing fees for 504 loans are the lowest in Florida and among the lowest in the nation.

    Read on... »

    Businessweek: Long Live the 504
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    Businessweek magazine last month published an excellent article on the 504 loan program, highlighting how the program can be used to buy a business and preserve working capital for growth.

    Full Text... »

    504 Expo in Miami-Dade
    Florida First Capital and the Florida Finance Network will host the first 504 Loan Program Expo in Miami August 11 at the Four Seasons on Brickell Avenue.

    Find out more....

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    Florida First Capital Finance Corporation · 1351 N. Gadsden Street · Tallahassee · FL · 32303