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

SBA 504 November Effective Rate Jumps To 6.54%

The 20-year 504 rates announced Today (11/15/2005) are:

Effective Rate: 6.54%
First Five Years: 6.44%
Note Rate: 5.44%
Debenture Rate: 5.36%

The 10-year 504 rates are:

Effective Rate: 6.84%
Note Rate: 5.38%
Debenture Rate: 5.20%

in this issue
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  • FFCFC Wins SBA "Gold Award"
  • FFCFC Expands Closing & Servicing Departments
  • Governor Announces Hurricane Bridge Loans
  • SBA Simplifies Documentation Requirements for Business Disaster Loans
  • Check the S.O.P: 504 Q&A

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    FFCFC Expands Closing & Servicing Departments
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    FFCFC has announced the expansion of the Closing Department with the hiring of attorney Mark Kruse to serve as Director of Closing. This expansion comes at a time of staffing increases to the portfolio servicing department as well.

    Full Text... »

    Governor Announces Hurricane Bridge Loans
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    Governor Jeb Bush activated Florida's Small Business Emergency 'Bridge Loan' Program to provide emergency, short-term loans to businesses in counties severely impacted by Hurricane Wilma.

    Read on... »

    SBA Simplifies Documentation Requirements for Business Disaster Loans
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    In the wake of Hurricanes Katrina, Rita and Wilma and responding to the issues faced by business owners who lost important documents in the aftermath of these devastating storms, the U.S. Small Business Administration has relaxed some of its disaster loan filing requirements.

    Program Details... »

    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... »

    FFCFC Wins SBA "Gold Award"
    After finishing the fiscal year #1 in 504 total project dollars (and setting a new record for the state of Florida) FFCFC received the SBA's "Gold Award" for loan production in the Southern District of Florida.

    Details...

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