| COMMERCIAL LENDING |
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 Small Business Lending Report Card
National small business lending levels are beginning to trend back up, according to numbers issued recently by the Small Business Administration.
Details ...
Reminder: 504 Borrower Fee to Increase Oct. 1
Lenders and borrowers are reminded to get their 504 loans submitted and authorized by Sept. 30, 2009, to avoid paying the impending ongoing borrower fee. Details ... |
| INDUSTRY NEWS |
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 SBA Offers $10 Million Surety Bond Guarantee
Building on American Recovery and Reinvestment Act provisions implemented earlier this year, the Small Business Administration will now provide surety bond guarantees on federal contracts valued at up to $10 million, if the contracting officer certifies the guarantee is in the best interest of the government. Details ... |
| ASK THE EXPERTS |
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 504 Q&A
Q - Can the 504 loan borrower be different than the Operating Company operating the business out of the project property? Can the property be leased to the business and if so, what are the Small Business Administration's lease requirements? Answer ...
If you have a question you'd like the 504 experts to answer, email it to insider@ffcfc.com |
| BORROWER PROFILE |
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 504 Keeps Capital City Motorists Squeaky Clean and Green
Schuyler Elliott runs a successful disaster restoration business in Jacksonville. Looking to branch out, he stuck with what he knows best - water and cleaning - and decided to open a series of green friendly touchless car washes.
Story ... |
| FFCFC NEWS |
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 504 Program Featured on National Public Radio
FFCFC was in the radio spotlight recently, thanks to Florida First Capital's own Deborah Petrell who was a guest on the NPR radio talk show Topical Currents.
Details ...
 Florida First Capital President Re-Elected to FEDC Board of Directors
FFCFC President & CEO Todd Kocourek was recently re-elected to the Florida Economic Development Council.
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| 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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