| COMMERCIAL LENDING |
|
 Florida 504 Loan Volume Nearly Doubles
In one of the first signs of economic recovery for small businesses in Florida, 504 loans statewide nearly doubled from April through June over the first quarter of 2009.
Details ...
 504 Interest Rate Hits All-Time Low Again
The 20-year effective interest rate on Small Business Administration (SBA) 504 loans declined to 5.24% in July - the lowest in the program's history. Details ... |
| INDUSTRY NEWS |
|
 504 Debt Refinancing Provisions Announced
As part of the recent Stimulus legislation, 504 projects can now include a limited amount of refinancing of existing 504 debt if there is a business expansion and the debt being refinanced does not exceed 50% of the projected cost of the expansion. Details ... |
| ASK THE EXPERTS |
|
 504 Q&A
Q - Does the Small Business Administration (SBA) SBA 504 loan program have business size eligibility requirements? Answer ...
If you have a question you'd like the 504 experts to answer, email it to insider@ffcfc.com |
| BORROWER PROFILE |
|
 504 Loan Tough as Steel for This Fabricator
The 504 loan program has become known as the "back bone" of small business financing for commercial real estate and equipment. For Fort Pierce based Tru-Steel Corporation, the program proved its strength once again by providing the best, most affordable financing solution for the company's expansion needs.
Story ... |
| 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.
 |
