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Florida First Capital Finance Corporation                                 September 2007
 
SEPTEMBER 2007 FFCFC 504 EFFECTIVE RATE FALLS
6.53%*
Fully Fixed & Amortized Over 20 Years
 
*Based on pricing published by NADCO on 9-4-07.  Includes fees to the CDC, SBA and central servicing agent.
 
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THE FFCFC 504 LOAN PROGRAM

Loan Criteria (pdf)

Loan Profile (pdf)

The FFCFC Advantage (pdf)

 
 
Regional Office Locations (pdf)
 
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LENDER NEWS
Placeholder HorizSBA Guarantee Fee Being Eliminated in October 
 

Beginning for loans authorized (Small Business Administration (SBA) approved) on or after Oct. 1, 2007, the SBA guarantee fee of one-half percent will be eliminated. 

Details ...
 

504 Loans Provide Capital Amid Credit Crunch

 

As traditional credit sources tighten their requirements, 504 loans are filling the gap for small businesses

Read the Brief ...
SUCCESS STORY
Butcher ShoppeExperience Pays in 504 Financing 
 

When Kevin and Karen Green came to the table to discuss financing the purchase of land, a building and equipment from an existing meat market and grocery store in the Florida Panhandle, they brought with them years of related experience - something that paid off well for these entrepreneurs

Full Story ...

ASK THE EXPERTS
Ask Experts504 Q&A
 
Q - Does the third party lender (the bank, non-bank lender, etc.) in a 504 loan project have to be on the Small Business Administration's (SBA) approved lenders list?  Answer ...
 
If you have a question you'd like FFCFC 504 experts to answer, email it to insider@ffcfc.com.
FFCFC NEWS
NashLamar Nash Joins FFCFC Team 
 

FFCFC is pleased to announce that Lamar Nash has joined the company as senior vice president and director of sales & marketing.  He will be responsible for implementing the company's marketing and sales strategy as well as the long-term planning for new business development. 

Details ...
SMALL BUSINESS NEWS
SBA's Frequently Asked Questions Updated 
 

The Small Business Administration (SBA) Office of Advocacy recently released an update to its "Frequently Asked Questions" (FAQs).  The SBA estimates that there are now 26.8 million small businesses in the United States. 

Read the Brief ...
FLORIDA FINANCE NETWORK
FFCFC is proud to be a charter member of the Florida Finance Network, an organization that unifies Florida's economic development financing program and is available throughout Florida to educate lenders, business owners, and economic development officials about financing programs available to small businesses. FFN builds awareness of state and federal small business and economic development financing programs available to Florida businesses.
 
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FFC BuildingSince 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.

Email: info@ffcfc.com                     Phone: 888.320.5504
Florida First Capital Finance Corporation | 1351 N. Gadsden Street | Tallahassee | FL | 32303