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Florida First Capital Finance Corporation                                     October 2007
 
OCTOBER 2007 FFCFC 504 EFFECTIVE RATE
6.54%*
Fully Fixed & Amortized Over 20 Years
 
*Based on pricing published by NADCO on 10-9-07.  Includes fees to the CDC, SBA and central servicing agent.
 
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LENDER NEWS
SUCCESS STORY
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FFCFC NEWS
SMALL BUSINESS NEWS
FLORIDA FINANCE NETWORK
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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
Borrower FeeSBA Borrower Guarantee Fee Eliminated
 

Effective Oct. 1, 2007, borrowers no longer have to pay a Small Business Administration (SBA) guarantee fee of one-half percent. 

Details ...
 
Borrower FeeCredit Crunch Hits Small Businesses 
 

With the sub-prime mortgage market imploding and house prices slipping, it is becoming more difficult for entrepreneurs to leverage their homes to feed their small businesses.

SUCCESS STORY
CoastalCoastal of Northwest Florida: A Moving 504 Success Story 
 

After more than a decade of working for and managing other people's moving companies, Jay Bradshaw decided to move himself toward the dream of owning his own business.

Full Story ...
ASK THE EXPERTS
Ask the Experts504 Q&A - Deed Restrictions
 
Q - How does the Small Business Administration (SBA) view deed restrictions such as those that are common in the purchase of gasoline stations?  Answer ...
 
If you have a question you'd like the 504 experts to answer, email it to insider@ffcfc.com.
FFCFC NEWS
ChristaChrista Watson Joins FFCFC's Team in Tampa Bay
 

FFCFC is pleased to announce that Christa L. Watson has joined the company as business development officer for the greater Tampa/St. Petersburg area.  She will be responsible for Hernando, Hillsborough, Pasco, Pinellas and Polk counties. 

Details ...
SMALL BUSINESS NEWS
SBASBA Extends Gulf Opportunity Pilot Loan Program 
 
The Small Business Administration (SBA) is extending its Gulf Opportunity (GO) Pilot Loan Program for another year, to Sept. 30, 2008, to maintain it as an additional source of capital for small businesses in communities that were serevely impacted by Hurricanes Katrina and Rita in 2005. 
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