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Florida First Capital Finance Corporation                                     November 2007
 
NOVEMBER 2007 FFCFC 504 EFFECTIVE RATE FALLS
6.48%*
Fully Fixed & Amortized Over 20 Years
 
*Based on pricing published by NADCO on 11-6-07.  Includes fees to the CDC, SBA and central servicing agent.
 
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FFCFC NEWS
Placeholder HorizFlorida First Capital Leads North Florida in Loan Production
 

For the seventh consecutive year, Florida First Capital Finance Corporation (FFCFC) is the top producer of loans to small businesses in the Small Business Administration's (SBA) North Florida District.  The district encompasses 43 counties stretching from Orlando to Jacksonville and west through the Florida Panhandle.

Details ...
SUCCESS STORY
J MarksFFCFC 504 Program Rates Five Stars with This New Restaurant 
 

Starting a new business is a challenge.  For Steve Wilson and James Waddell, their challenge not only involved a start-up restaurant, but also ground-up construction on leased property - a difficult venture to say the least. 

Full Story ...
ASK THE EXPERTS
Ask the Experts504 Q&A - Refinance and Alternatives to Prepayment
 
Q - My customer needs to refinance property subject to a 504 loan.  What are the options for avoiding the 504 prepayment penalty?  
 
If you have a question you'd like the 504 experts to answer, email it to
insider@ffcfc.com.
SMALL BUSINESS NEWS
Money chartNADCO Reports Impressive Growth of the 504 Program
 

FY 2007 was another banner year for 504 loan approvals for the certified development company (CDC) industry, according to the National Association of Development Companies (NADCO).

 
SBASBA Partners with CPAs in Sharing of Resources 
 

The Small Business Administration (SBA) has partnered with the American Institute of Certified Public Accountants (AICPA) to train owners of small accounting firms on SBA products and services.  The SBA and AICPA have signed a Strategic Alliance Memorandum to share resources to help start, maintain and expand small businesses. 

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