| COMMERCIAL LENDING |
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 April 504 Interest Rate Declines to Record Low
There is good news for 504 lending this month. The interest rate for a 20-year 504 loan hit a record low for projects that funded in April 2009. Story ...
Understanding the 504 Interest Rate
One of the most attractive features of a 504 loan is its low effective interest rate. However, understanding how this rate is calculated can be challenging.
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| ASK THE EXPERTS |
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 504 Q&A
Q - Under the 504 loan program, is there a difference between a special-purpose property (e.g., gasoline station) and multi-purpose property (office building)? If so, how does the Small Business Administration (SBA) define special-purpose property? Answer ...
If you have a question you'd like the 504 experts to answer, email it to insider@ffcfc.com |
| INDUSTRY NEWS |
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 SBA Issues Notice on Treatment of Cancellations of Loans Approved Prior to ARRA
The Small Business Administration has issued SBA Policy Notice 5000-1103 regarding the treatment of cancellations of loans approved prior to American Recovery and Reinvestment Act of 2009 (ARRA.)
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| SUCCESS STORY |
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 504 Helps Mr. Bread Rise to Success
The waterfront district in downtown Stuart is a historic part of this Southeast Florida city.
Recently, the area was revitalized where historic shops and buildings now coexist with modern developments neatly within a framework of award winning design and convenience. One of the cornerstones of this small business oasis is Mr. Bread, an artisan bakery and gourmet cafe that appeals to both businesses and individuals alike.
Story ... |
| MEET THE STAFF |
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 FFCFC's South Florida Sales Team
Meet FFCFC's South Florida sales force, a dynamic group of experienced small business lending professionals at your service. Details ... |
| FLORIDA FINANCE NETWORK |
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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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