SBA 504 November Effective Rate 6.54%  

The 20-year 504 rates announced for November 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: 6.73%
Note Rate: 5.44%
Debenture Rate: 5.23%

in this issue
	Florida First Capital Ranked LArgest SBA Lender in Florida Commercial Real Estate: A Bright Spot in our Economy FFCFC 504 Funds a Cool Manufacturer Ask the Experts Nationally, Small Business Like Office Condos

Florida First Capital Ranked Largest SBA Lender in Florida

The FY 2006 rankings are out, and Florida First Capital is the #1 SBA Certified Development Company by loan-dollar volume in Florida. The company, which offers SBA 504 loans which create jobs and enable small business owners to own rather than rent commercial space, financed more than $388 million in small business projects during the fiscal year ending September 30. This output makes Florida First capital the leading SBA CDC in Florida. Full Text... »

Commercial Real Estate: A Bright Spot in our Economy

According to the latest economic forecast released by the Mortgage Bankers Association, the country’s economic growth should return to near normal growth during 2007 and 2008, after some slow down for the remainder of 2006, according to its Chief Economist and Senior Vice President for Research and Business Development, Doug Duncan, and commercial real estate activity is expected to remain a bright spot in the economy. Read on... »

FFCFC 504 Funds a Cool Manufacturer

Rini Technologies (RTI) was incorporated in 1997 and it began research on innovative thermal cooling systems for both military and commercial applications soon after. Originally housed in the University of Central Florida’s Technology Center, Daniel Rini’s company applied to FFCFC for 504 financing in April 2005 to accommodate its growth by purchasing a 12.000 square foot building located at 582 South Econ Circle in Oviedo for $1,411,000. The 504 was funded in September 2005 and the company moved to Oviedo shortly thereafter. Answer...

Ask the Experts

Q – Can the SBA 504 loan program be utilized by a small business if the business is not going to occupy 100% of the space? Read the answer...

Nationally, Small Business Like Office Condos

“As for the national trend, our panel of experts is finding that office-condos are cannibalizing the office markets for small, defined users in both the neighborhood and medical models,” said Mary Hurley, who was recently named among the year’s Top Women in Florida Commercial Real Estate by Florida Real Estate Journal. Read on... »

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