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SBA 504 Rates
SBA 504 July Effective Rate 7.25%
The 20-year 504 rates announced for July
are:
Effective Rate: 7.25%
First Five Years:
7.14%
Note Rate: 6.15%
Debenture Rate:
6.07%
The 10-year 504 rates are:
Effective Rate: 7.45%
Note Rate: 6.14%
Debenture Rate: 5.94%
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- Small Business Development Centers Induct FFC BDO into Lender Hall of Fame
- Small Companies Turn to Wall Street to Fund Long Term Assets
- FFC FLEX Makes the Purchase of an ACLF and an SBA 504 Possible
- Ask the Experts
- Florida Finance Network
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| Small Business Development Centers Induct FFC BDO into Lender Hall of Fame |
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| For the first time in its history, the Florida Small Business Development Center Network has inducted a CDC loan officer, FFC’s James Hosman, into its Lenders’ Hall of Fame.
Full Text... »
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Small Companies Turn to Wall Street to Fund Long Term Assets
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After a few years of successful operation many small businesses decide to move out of leased spaces and buy their own commercial real estate. Thousands of entrepreneurs in Florida have used government- guaranteed debentures, sold on Wall Street, to fund part of their long-term asset purchases.
Read on... »
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| FFC FLEX Makes the Purchase of An ACLF and an SBA 504 Possible |
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Q - Under the 504 loan program, is there a difference between a special-purpose property (e.g. gasoline station) and multi-purpose property (office building)? If so, how does SBA define special- purpose property?
Answer...
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| Ask the Experts |
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Q -What are the guidelines for defining "new business" in a 504 project?
Read the answer... »
Q - What happens if the borrower is purchasing an existing business? Is the project automatically considered an “existing business” (i.e. a “change of ownership”?
Read the answer... »
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| Since 1983 FFCFC, Florida's Statewide Certified Development Company, has provided financial assistance to small businesses in conjunction with U.S. government, State of Florida and private sector lending programs. |
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