June 2018
Commercial Lending
SBA Franchise Directory Simplifies Processes to Help Entrepreneurs Access Capital

The Small Business Administration (SBA) created the SBA Franchise Directory earlier this year to streamline the process for entrepreneurs looking to access capital.  The directory only includes business models that the SBA determines are eligible under its affiliation rules and other eligibility criteria. Read More

Florida First Capital Receives Florida Resource Partner of the Year Award

Florida First Capital is pleased to share that it has recently been named a Florida Resource Partner of the Year Award recipient by the Florida SBDC Network for its work in economic recovery efforts for the state’s small businesses that sustained injury from Hurricane Irma. Read More

SBA 504 Loan Interest Rate Report: June 2018

The bonds that funded June’s 20-year Small Business Administration (SBA) 504 loans saw another increase over last month, which continued to push the effective interest rate (the all-in cost to a borrower) well into the 5% range. Read More

Ask The Experts
SBA 504 Q&A: Key Man Life Insurance Requirements

Q: When is the Small Business Administration (SBA) requiring life insurance for 504 loan borrowers and what is the determination for how much life insurance is needed? Read More

Borrower Profile
SBA 504 Loan Helps Light Up the Night Sky on Independence Day

One of the great American traditions every 4th of July are the fantastic displays of fireworks that take place all across the nation.  Here in Florida, there is a recognized leader in this industry that makes their home in Orange Park, just outside of Jacksonville. Read More