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Florida First Capital Finance Corporation                                 December 2009
 
DECEMBER 504 RATES
REMAIN LOW
20-Year Real Estate Rate: 5.46%* 
1st Five Yrs: 5.34%
Note Rate: 4.11%
 
10-Year Equipment Rate:
4.15%* 
 
 *Full-term effective rates are inclusive of servicing fees.
  
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CONGRATULATIONS TO JOANNE IN LAKE MARY, OUR NOVEMBER WINNER!
 
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504 PROGRAM INFO
 

Loan Criteria (pdf)

Loan Profile (pdf)

The FFCFC Advantage (pdf)

 

CPAs (pdf)
 
Regional Office Locations (pdf)
 
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BREAKING NEWS
CapitalFee Relief Extended for 504 Loan Program
The elimination of most up-front 504 program fees will continue until February, thanks to a bill recently passed by Congress and quickly signed by President Obama.
Details ...
FFCFC NEWS
Lenders NeededFirst Mortgage Lenders Needed
At FFCFC, we value project referrals. And while a majority of those referrals come from our commercial lending partners, we also get deals from commercial realtors, brokers, developers and such that are "lender-less."
Details ...
COMMERCIAL LENDING
Alex SinkFlorida CFO Takes Lead on Encouraging Small Business Lending

Florida CFO Alex Sink recently announced specific steps she has taken to encourage more small business lending in Florida and help create jobs in the state.

ASK THE EXPERTS
Ask the Experts504 Q&A
Q - I have foreclosed on a 504 project and have a buyer for the property. What do I need to do?
Answer ...  
 
If you have a question you'd like our Florida 504 loan experts to answer, email it to insider@ffcfc.com.
BORROWER PROFILE
VATCFFCFC 504 Contributes to Global Security

One might not associate a 504 loan with contributing to global security, but at Visual Awareness Technology and Consulting in Tampa it is doing just that.

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

FFCFC

FFCFC is a state-founded, nonprofit certified development company that promotes economic development and job creation throughout Florida.  Under the SBA 504 loan program, FFCFC works with private-sector lenders to provide Florida small businesses with affordable, fixed-rate and long-term financing for the purchase of fixed assets.  FFCFC also lends under the Florida Recycling Loan Program and other small business assistance programs.

Email: info@ffcfc.com                 Phone: 888.320.5504 

Florida First Capital Finance Corporation | 1351 N. Gadsden Street | Tallahassee | FL | 32303