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Florida First Capital Finance Corporation                                         May 2008
 
MAY 2008 FFCFC 504 EFFECTIVE RATE
6.46%*
Fully Fixed & Amortized Over 20 Years
 
*Based on pricing published by NADCO on 5-6-08.  Includes fees to the CDC, SBA and central servicing agent.
 
DETAILS (pdf)
IN THIS ISSUE
COMMERCIAL LENDING
ASK THE EXPERTS
SUCCESS STORY
SMALL BUSINESS NEWS
FLORIDA FINANCE NETWORK
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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COMMERCIAL LENDING
Wall Street504 Interest Rate Stable Amid Stormy Credit Markets
 
Over the last nine months, U.S. credit markets experienced the largest, most protracted and widespread crisis of the Post-War era.  During this time, however, the 504 program interest rate has remained stable.

Full Story ...

ASK THE EXPERTS
Experts504 Q&A
 
QA client is looking for business acquisition financing but as part of the acquisition, there is real estate.  Can a 504 loan be utilized for the entire financing?
Answer ...
 
If you have a question you'd like the 504 experts to answer, email it to insider@ffcfc.com.
SUCCESS STORY
OxleyFFCFC 504 Loan Delivers for This Growing Cabinet Supply Business 
 

Bill Oxley understands quality, value and service. After all, Oxley Cabinet Warehouse, his cabinet supply and installation business in Jacksonville, hinges on it.

Full Story ...

SMALL BUSINESS NEWS

SBA Extends Effective Date of Updated SOP for Loan Programs

 
The Small Business Administration has extended the effective date of its modernized Standard Operating Procedure for lender and certified development company loan programs from May 1, to June 15, 2008.

Details ...

 
Steve PrestonPresident Bush Taps SBA Administrator Steve Preston to Take Over HUD
 
President Bush has chosen Small Business Administrator Steve Preston to head the U.S. Department of Housing and Urban Development.
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.
 
FFN Network

FFCFC 25 YearsSince 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