| COMMERCIAL LENDING |
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 SBA Launches ARC Loan Program to Help Struggling Businesses
On June 15, 2009, the SBA will begin to issue 100% guarantees on America's Recovery Capital loans of up to $35,000 to provide short-term help for struggling small business owners to make their principal and interest payments on existing qualifying debt.
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| INDUSTRY NEWS |
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 Small Business Lending Beginning to See Upswing
It's finally happening. Efforts to get money to capital-strapped small businesses are beginning to work as banks have returned to making loans backed by the federal government, according to Karen Mills, the new SBA head. Story ... |
| ASK THE EXPERTS |
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 504 Q&A
Q - Can an SBA loan approved prior to Feb. 17, 2009, be cancelled and resubmitted in order to receive the benefit of the elimination of 504 loan program fees under the American Recovery and Reinvestment Act of 2009? Answer ...
If you have a question you'd like the 504 experts to answer, email it to insider@ffcfc.com |
| SUCCESS STORY |
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 Broward Salon "In Style" with a 504
Daniel Turpin is considered a veteran of the salon and spa industry in Broward and Dade counties. Over the last 23 years, this successful entrepreneur has owned and operated more than a dozen salons in the area. Turpin's latest venture is Daniel David's, a 5,000-square-foot Salon and Medi-Spa in Weston, Florida.
Story ... |
| FFCFC NEWS |
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 Mary Kropp Elected as NADCO At-Large Board Director
FFCFC is pleased to announce that Mary Kropp has been elected as an at-large board member for the National Association of Development Companies.
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| MEET THE STAFF |
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 FFCFC's Central and North Florida Sales Force
Meet FFCFC's Central and North Florida sales team, a talented group of seasoned and enthusiastic 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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