|
SBA 504 Rates
SBA 504 August Effective Rate 6.88%
The 20-year 504 rates announced for August
are:
Effective Rate: 6.88%
First Five Years:
6.78%
Note Rate: 5.78%
Debenture Rate:
5.70%
The 10-year 504 rates are:
Effective Rate: 6.88%
Note Rate: 6.14%
Debenture Rate: 5.94%
| in this issue |
 |
|
- Commercial Real Estate Maintains Its Strength Despite a Cooling Housing Market
- Orlando Title Company Saves Needed Working Capital with an FFC 504 Loan
- FFC FLEX Makes the Purchase of an ACLF and an SBA 504 Possible
- Business Owners as High Income Earners and Wealth Holders
- Ask the Experts
-
New SBA Administrator Sworn In
|
| Commercial Real Estate Maintains Its Strenght Despite a Cooling Housing |
|
| As reported by the Wall Street Journal, with America's housing market clearly cooling, will commercial real estate start to swoon? Hardly. The national office market, which cratered after the tech bust in 2000, has recovered and is the strongest it has been in five years.
Full Text... »
|
Orlando Title Company Saves Needsd Working Capital with an FFC 504 Loan
|
|
Michael J. Beasley, owner and operator of Tranco Title, will soon be expanding his business through the purchase of an office building located in Orlando. Thanks to the low down payment usually required by the 504 program, Mr. Beasley was able to preserve the needed cash for working capital.
Read on... »
|
| |
| Business Owners as High Income Earners and Wealth Holders |
|
|
Business owners in the 1990’s were more likely than wage earners to be in households classified as high- income earners and wealth holders, according to a study released today by the Office of Advocacy of the U.S. Small Business Administration. However, their comparative share of income and wealth fell during the same period.
Answer...
|
| Ask the Experts |
|
Q -Can a 504 loan exceed $1.5MM? If so, what makes a loan eligible for a higher loan amount, and what other advantages accrue to these projects?
Read the answer...
|
New SBA Administrator Sworn In
|
|
Steven C. Preston has been sworn in as Administrator of the U.S. Small Business Administration. Preston, nominated to the position by President Bush, is a former business executive with broad experience in financial management and executive leadership. He is the 22nd Administrator of the SBA since the agency’s establishment in 1953, succeeding Hector V. Barreto, who took office on July 25, 2001.
Read on... »
|
| |
|
| 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. |
|
