July 2019
Commercial Lending
SBA 504 Loan Interest Rates Continue to Make History

We’ve all heard call to action sayings like, There’s Never Been a Better Time!, Act Fast Before It’s Too Late! and Don’t Miss Out!.  In the case of current Small Business Administration (SBA) 504 loan interest rates, that could not be truer.  And those rates are fixed – no ARMs ever. Read More

SBA 9-Month Performance Report: Florida First Capital Maintains #1 National Ranking

According to the Small Business Administration (SBA), as of June 30, 2019, Florida First Capital continued its lead in SBA 504 loan production not only in Florida, but also sustained its #1 ranking nationally among all active Certified Development Companies. Read More

Congressional Update on SBA Reauthorization and Improvement Act of 2019

Senator Marco Rubio (R-FL), Chairman of the Senate Committee on Small Business and Entrepreneurship, recently released the Chairman’s mark, the Small Business Administration (SBA) Reauthorization and Improvement Act of 2019, which will reauthorize and modernize both the Small Business Investment Act and the Small Business Act. Read More

Ask The Experts
SBA 504 Q&A: Historical Properties

Q: What must be done if a property involved in a Small Business Administration (SBA) 504 loan project is on, or qualifies to be on, the National Register of Historic Places? Read More

Borrower Profile
SBA 504 Loan Helps Tile Retailer Achieve Balance with Long-Term Debt Refinancing

Rigo Tile Gallery is a well-known importer of Italian and Turkish Marble in the Central Florida flooring industry.  With two retail stores, the company has built a reputation over the last 20 years of providing the highest quality of products, selection and service at competitive prices. Read More