Florida First Capital Finance Corporation
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 Florida First Capital Finance . Lender Update 
July 2005 
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SBA 504 Rates

SBA 504 July Effective Rate 6.04%

The 20-year 504 rates announced Today (7/8/2005) are:

Effective Rate: 6.04%
First Five Years: 5.93%
Note Rate: 4.82%
Debenture Rate: 4.75%

The 10-year 504 rates are:
(as of 6/14/05)

Effective Rate: 6.13%
Note Rate: 4.67%
Debenture Rate: 4.51%

in this issue
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  • Demand for SBA-Backed Loans Continues at Record Pace
  • A 504 Loan: A Perfect Fit For A Shoe Store Expansion
  • Senate Increases 504 Lending Authority to $7.5 Billion
  • Check the S.O.P: 504 Q&A
  • SBA News:
    SBA's Small Business Development Center Program Marks its 25th Year


  • A 504 Loan: A Perfect Fit For A Shoe Store Expansion
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    Being able to arrange 90% financing of hard and soft costs through the use of the SBA's 504 program was a perfect fit for Shoe Land Group's needs to expand its business through the purchase of an existing building.

    Read on... »

    Senate Increases 504 Lending Authority to $7.5 Billion
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    Both the House and Senate approved substantial increases in the 504 loan program for FY 2006 ($6.0 and $7.5 billion respectively). Thus the budget conference process seems certain to yield a surge in 504 availability next year.

    Full Text... »

    Check the S.O.P: 504 Q&A
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    Q - Can the 504 Program be used to re- finance existing debt?

    Read the answer... »

    SBA News:
    SBA's Small Business Development Center Program Marks its 25th Year
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    Administrator Hector V. Barreto of the U.S. Small Business Administration heralded the 25th anniversary of the Small Business Development Center Program, the SBA's largest counseling and training network, and praised the program's continued outstanding success in strengthening the nation's economy through job creation and retention.

    Link to SBA Press Release »

    Demand for SBA-Backed Loans Continues at Record Pace
    Small businesses continued turning to the U.S. Small Business Administration for commercial credit in record numbers through the first three quarters of FY 2005, reflecting their confidence in the U.S. economy and the stability of the SBA 504 program.

    More Info...

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