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

SBA 504 September Effective Rate Falls To 6.05%

The 20-year 504 rates announced Today (9/9/2005) are:

Effective Rate: 6.05%
First Five Years: 5.94%
Note Rate: 4.83%
Debenture Rate: 4.76%

The 10-year 504 rates are:

Effective Rate: 6.17%
Note Rate: 4.70%
Debenture Rate: 4.54%

in this issue
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  • FFC Chosen for Pilot Program To Speed SBA Loan Processing
  • 504 Loan Brings Mouth Watering Barbeque to Florida's Panhandle
  • Understanding SBA 504 Effective Rate Calculations
  • Small Business Economic Conditions Strong and Steady in the Second Quarter of 2005
  • Check the S.O.P: 504 Q&A

  • 504 Loan Brings Mouth Watering Barbeque to Florida's Panhandle
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    About two years ago, Bob Stinnett decided to renter the restaurant business with his wife, June Yen Stinnett. Thanks to a 504 loan, their dreams have came true.

    Full Story... »

    Understanding SBA 504 Effective Rate Calculations
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    While the low fixed rate is one of the most appealing features of the 504 Loan Program, understanding the Effective Rate which measures it can be a chanllenge.

    Full Text... »

    Small Business Economic Conditions Strong and Steady in the Second Quarter of 2005
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    Small business economic conditions were strong and steady in the second quarter of 2005, according to the Office of Advocacy's newly released Quarterly Indicators: The Economy And Small Business. The economy has now experienced nine consecutive quarters of real gross domestic product (GDP) growth of over three percent.

    Read on... »

    Check the S.O.P: 504 Q&A
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    Q -What does SBA use to define "rural" projects that are eligible for increased loan amounts?

    Read the answer... »

    FFC Chosen for Pilot Program To Speed SBA Loan Processing
    Because of the quantity and quality of the 504 loan requests it submits to the SBA for approval, Florida SBA has chosen FFCFC, along with other CDC's across the nation, to participate in a pilot program designed to develop a more consistent and efficient process for submitting 504 loan applications for authorization.

    Details...

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