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SBA 504 Rates
SBA 504 October Effective Rate Falls To 6.38%
The 20-year 504 rates announced Today (10/12/2005)
are:
Effective Rate: 6.38%
First Five Years:
6.27%
Note Rate: 5.16%
Debenture Rate:
5.09%
The 10-year 504 rates are:
Effective Rate: 6.17%
Note Rate: 4.70%
Debenture Rate: 4.54%
| SBA Rewards 504 Borrowers by Reducing Loan Fees |
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Effective October 1, 2005, SBA fees under the 504 Loan Program have been reduced. Fees for the SBA 7a Guaranty Program increased.
Full Text... »
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| Small Business Continues To Drive Florida Economy |
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America's small businesses continue to drive the U.S. and Florida economy, according to the updated 2005 Small Business FAQ, released by the Office of Advocacy at the U.S. Small Business Administration.
Read on... »
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| Florida Recycling Loan Program On the Rise |
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The state-funded program was created to provide access to capital for the purchase of equipment and machinery to companies that manufacture products from recycled materials or convert recyclable materials into raw materials for use in manufacturing.
Read on... »
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| Check the S.O.P: 504 Q&A |
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Q -Q -When is Flood Insurance required for a 504 transaction?
Read the answer... »
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| FFCFC Wins SBA "Gold Award" |
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Florida First Capital approved #368,816,000 in Florida 504 projects for the federal year ended September 30, 2005, the largest total ever posted by a CDC in Florida. Statewide, FFC apprones 280 projects (#4 in the nation and a 28% increase) In 37 counties (more than any CDC), and created/reatinesd 2742 jobs (also a record!)
Details...
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