SBA 504 Loan Interest Rates
Official monthly SBA 504 effective interest rate tables can be found at Eagle Compliance LLC. 25- and 20-year term loans fund every month; 10-year term loans fund every other month. Effective interest rates are inclusive of servicing fees, which are subject to credit risk of the applicant.
The 2015 Florida Association of Government Guaranteed Lenders (FLAGGL) Annual Conference for Small Business Administration (SBA) 504 and 7(a) lenders will be held Sept. 16-18 at the Gaylord Palms Resort in Kissimmee.
Don't miss your opportunity to hear from top industry experts about the latest SBA regulatory environment, 504 and 7(a) program technical issues and other hot topics, not to mention the BEST networking opportunity in Florida for SBA lenders.
Keynote Speaker Announced: Jesse Panuccio, Executive Director of the Florida Department of Economic Opportunity (DEO). During his keynote, Director Panucciowill focus on the Florida economy, employment and small business, of course, and may also take the opportunity to highlight DEO administered programs (SSBCI, Microloan, etc.).
Here are the general and breakout session topics for the conference:
The Administration:Hear from Ann Marie Mehlum, SBA Associate Administrator of Capital Access and the Agency's Chief Loan Officer, Cassius Butts, SBA Regional Administrator, and officials from the Florida North and South SBA Districts regarding the current state of the SBA in the Sunshine State.
SBA Hot Buttons:Hear from the CEOs of the National Association of Government Guaranteed Lenders (NAGGL) and the National Association of Development Companies (NADCO) about how these industry watchdogs are working to keep both SBA lenders and borrowers from getting burned.
Executive Roundtable:Leading experts from the SBA lending world will provide an in-depth conversation about their business challenges, their approaches to resolving these challenges and the results they have achieved.
Gainful Referrals and the SBDC's Strategic Plan:The State Director for the Florida Small Business Development Center (SBDC) Network will explain recent changes to the SBDC's strategic plan and how lenders can take advantage of profitable referrals as a result.
Navigating Franchise and Eligibility Issues:Will the SBA approve a 7-Eleven franchise? What about a Subway franchise? Learn the latest on getting franchise deals approved and which ones to avoid.
504 Green Loan Policy:Experts will reveal how your clients can go green to get more green and the secret to financing multiple 504 projects.
Secondary Market Opportunities:Learn about selling in today's secondary market and what the future holds for this lucrative income source.
Loan Originations:Identifying and structuring deals, interpreting the SOP, answering screen outs and more.
Loan Underwriting and Credit Quality:Understanding how the SBA looks at cash flow and the latest underwriting guidelines in today's credit environment.
Closing Attorney Panel:Efficiently closing 504 and 7(a) loans and successfully funding debentures.
Servicing and Liquidations:What happens when a loan defaults and what to do.
Your associates will be at the 2015 FLAGGL Conference. You should be, too.
To register or for more information, visitwww.flaggl.org/events.
About FLAGGL
FLAGGL is a community of lenders, loan service providers and other professionals to help ensure government guaranteed loans are processed, closed and serviced in accordance with the SBA. Formed in 2012 by a dedicated group of Florida SBA lenders and associate members serving the lenders and small business community, FLAGGL provides networking and education and promotes awareness of all government guaranteed lending programs to the small business community throughout Florida. Loan programs include SBA 504, 7(a), Express, USDA, EX-IM and all other loan programs falling under the SBA umbrella of loan products and services.
For more information about FLAGGL, visitwww.flaggl.org.
For more information about SBA 504 loans in Florida,contact a Florida First Capital Loan Officer hereor email us atinfo@ffcfc.com. Phone: 850.681.3601 or toll-free at 888.320.5504.
