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SBA 504 Rates
SBA 504 April Effective Rate Falls to 6.13%
The 20-year 504 rates announced Today (5/13/2005)
are:
Effective Rate: 6.13%
First Five Years:
6.02%
Note Rate: 4.91%
Debenture Rate:
4.84%
The 10-year 504 rates are:
Effective Rate: 6.13%
Note Rate: 4.67%
Debenture Rate: 4.51%
| FFCFC Tops in North Florida |
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Florida First Capital Finance Corporation was
recognized by the SBA's North Florida District Office as
the top Certified Development Company (CDC) at the
annual SBA Awards Luncheon held yesterday, May 12th.
Read on... »
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| DATAMAXX An SBA 504 Success Story |
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Someone once said, "From tiny acorns, mighty oaks
grow." Small businesses in our nation prove this adage
over and over again. In the case of Datamaxx, nothing
could be truer.
Full Text... »
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| Check the S.O.P: 504 Q&A |
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Q - Are there any restrictions on the
participation (% of transaction) for first mortgage
lenders, mandated in the 504 program?
Read the answer... »
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SBA News:
Demand for SBA-Backed Loans Maintains Record Pace |
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Reflecting the economic expansion, American small
businesses continued borrowing to start and expand
their companies over the first six months of the current
fiscal year, securing backing from the U.S. Small
Business Administration on 27 percent more loans than
in the same period a year ago.
Link to SBA Press Release »
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| SBA to Streamline Processing for 504 Loans |
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SBA is in the final stages of streamlining the 504
application process. The first step will be to reduce the
size of the Application for 504 Loans
More Info...
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