Florida First Capital Finance Corporation (FFCFC)
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 Florida First Capital Finance . Lender Update 
February 2006 
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SBA 504 Rates

SBA 504 February Effective Rate 6.53%

The 20-year 504 rates announced for February are:

Effective Rate: 6.53%
First Five Years: 6.43%
Note Rate: 5.43%
Debenture Rate: 5.35%

The 10-year 504 rates are:

Effective Rate: 6.60%
Note Rate: 5.28%
Debenture Rate: 5.10%

in this issue
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  • 504 Funding Explained
  • Check the S.O.P: 504 Q&A
  • Chiropractor Plans for Retirement with FFC's 504 Loan Program
  • SBA Financing Surpasses $1 Billion in Hurricane Areas

  • 504 Defined: Capital for Small Businesses
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    The final step and, therefore, the most important, in a 504 transaction is the actual funding of the 504 portion or payment of the second mortgage amount (the “takeout”) to the FFC lending partner that provided interim financing.

    Read on... »

    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 in the 504 program?

    Full Text... »

    Chiropractor Plans for Retirement with FFC's 504 Loan Program
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    Currently an authorized 504 borrower, Dr. R. G. Packo of Ponte Vedra Beach anticipates using additional 504 loans to provide him with retirement income and has chosen Florida First Capital Finance Corporation (FFC) to assist him in his long-term financing and retirement plans.

    Read the answer... »

    SBA Financing Surpasses $1 Billion in Hurricane Areas
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    Demonstrating a strong commitment to help businesses affected by last year’s devastating hurricanes that struck the Gulf Coast and Florida, the U.S. Small Business Administration has already approved over $1.1 billion in loans through a combination of the agency’s direct disaster loan and regular loan guarantee programs.

    Details... »

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         email: info@ffcfc.com
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    Florida First Capital Finance Corporation · 1351 N. Gadsden Street · Tallahassee · FL · 32303