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Florida First Capital Finance Corporation                                     January 2008
 
JANUARY 2008 FFCFC 504 EFFECTIVE RATE DROPS
6.14%*
Fully Fixed & Amortized Over 20 Years
 
*Based on pricing published by NADCO on 1-8-08.  Includes fees to the CDC, SBA and central servicing agent.
 
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COMMERCIAL BANKING NEWS
SUCCESS STORY
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SMALL BUSINESS NEWS
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QUICK LINKS
 
 
 
 
THE FFCFC 504 LOAN PROGRAM

Loan Criteria (pdf)

Loan Profile (pdf)

The FFCFC Advantage (pdf)

 
 
Regional Office Locations (pdf)
 
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EMPLOYMENT OPPORTUNITY
Placeholder HorizFFCFC Seeks Business Development Officer for Miami-Dade Area
 
Florida First Capital is seeking an experienced candidate to serve as business development officer in the Miami-Dade area.  Interested parties should contact Lamar Nash, FFCFC senior vice president and director of sales & marketing, at (678) 787-3784 or email him at lamar@ffcfc.com.
COMMERCIAL BANKING NEWS

Credit504 Program Enables Lenders to Overcome Tighter Internal Credit Rules

 

A year ago, James, a Florida commercial banker, was on top of his lending game.  His score card boasted an impressive 85% approval rate for credit requests.  But then the sub-prime meltdown occurred, sending a ripple effect through the commercial market.

Full Story ...

SUCCESS STORY
HPD 3A High Performance Loan for a Specialized Company 
 

Over the past 20 years, High Performance Designs has grown to provide a variety of special event production services to individuals and businesses in the South Florida area.  But its growth stretched the company into operating out of separate leased locations which made business logistics difficult.

Full Story ...

ASK THE EXPERTS
Experts504 Q&A - Servicing Issues 
 
Q - Can a guarantor be added to a 504 project after the debenture has funded?  
 
If you have a question you'd like the 504 experts to answer, email it to
insider@ffcfc.com.
SMALL BUSINESS NEWS
EconomySmall Businesses Lead Growth in U.S. Economy 
 

Small businesses continued to lead growth in the U.S. economy, according to a recent report issued by the Office of Advocacy of the Small Business Administration.

Details ...

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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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.

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