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Florida First Capital Finance Corporation                                  September 2008
 
SEPTEMBER 2008 FFCFC 504 EFFECTIVE RATE DROPS
6.57%*
Fully Fixed, 20-Year Term
 
*Based on pricing published by NADCO on 9-9-08.  Includes fees to the CDC, SBA and central servicing agent.
 
DETAILS (pdf)

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CONGRATULATIONS TO JOANNE IN ORLANDO, OUR AUGUST WINNER!
 
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504 PROGRAM INFO

Loan Criteria (pdf)

Loan Profile (pdf)

The FFCFC Advantage (pdf)

 
 
Regional Office Locations (pdf)
 
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COMMERCIAL LENDING
OverviewOverview of Important SOP Revisions Affecting 504 Lending
With the Small Business Administration's (SBA) revised SOP 50 10(5) now in place, it is important for lenders to familiarize themselves with its changes and how it impacts the 504 program.
Story ...
ASK THE EXPERTS
Experts504 Q&A
Q - Can a borrower use holdings in a 401(k), 403(b), 457 or IRA rollover to fund the equity injection required in a 504 loan for a new business?
Answer ...
 
If you have a question you'd like the 504 experts to answer, email it to insider@ffcfc.com
ON THE BOOKS
AuthorizationsFFCFC 504 Authorizations
The following is a listing of FFCFC 504 authorizations for the month of August.
SUCCESS STORY
SuccessFFCFC 504 Makes an Impact on this South Florida Business 
As Florida finds itself in the midst of yet another active hurricane season, many South Floridians are turning to General Impact Glass and Windows to help protect their property in the event of a damaging storm.
SMALL BUSINESS NEWS
SBASandy Baruah Joins SBA as Acting Administrator
The Small Business Administration (SBA) recently welcomed Sandy K. Baruah as its acting administrator.
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

FFCFCSince 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