| OIL DISASTER LOAN PROGRAM | |
 Bridge Loans Provide Immediate Financial Help to Stressed Small Businesses
Florida small business owners who have lost income due to the Deepwater Horizon oil spill and are struggling with the BP claims and payment system can now apply for an expedited interest-free, short-term loan through the Florida Small Business Emergency Bridge Loan Program.
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| COMMERCIAL LENDING | |
 July Edges Out June for Lowest 504 Interest Rate of the Year
The 20-year fixed interest rate on Small Business Administration 504 loans for the purchase of commercial real estate fell to 5.21% for July, edging out June as the lowest rate for the loan program so far this year.
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| ASK THE EXPERTS |
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 504 Q&A
Q1 -- How long can I expect it to take the Small Business Administration to approve my 504 loan ? Q2 -- Does the new E-Tran process also apply to submission of subsequent reports such as the appraisal or environmental reports? Answers ...
If you have a question you'd like our Florida 504 loan experts to answer, email it to insider@ffcfc.com. |
| FFCFC NEWS | |
 Tampa/St. Pete Area BDO Appointed to Pinellas County Economic Development Council
Florida First Capital is pleased to announce that Ron Mirenda, vice president and business development officer for the Tampa/St. Petersburg area, has been appointed to the Pinellas County Economic Development Council. Details ... |
| BORROWER PROFILE | |
 FFCFC 504 Loan Unites 25 Medical Practitioners Under One Roof
What does it take to bring together 25 similar small businesses under one roof? Apparently, a well structured 504 loan put together by a certified development company willing to undertake the complexities that a myriad of borrowers/guarantors present.
Profile ... |
| 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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