May 2020
Commercial Lending
The Underrated Advantage of the SBA 504 Loan Program

When people think of the Small Business Administration (SBA) 504 Loan Program, they generally associate it with its low 10% down payment requirement – and yes, preserving precious capital cannot be overstated.  However, there is an underrated and often overlooked advantage to an SBA 504 loan: mitigating interest rate risk. Read More

Florida First Capital Maintains National Lead in SBA 504 Loan Production

According to the Small Business Administration (SBA), as of April 30, 2020, Florida First Capital continued its lead in SBA 504 loan production not only in Florida, but also remained ranked the #1 SBA 504 lender nationally among all active Certified Development Companies for 7 months in a row. Read More

May 2020 SBA 504 Loan Interest Rates Continue to Break Historical Records

The Small Business Administration (SBA) 504 Loan Program continues to fund at unsurpassed low levels, enabling small business owners to lock in fixed interest rates currently under 3%.  This month makes 1 year with 504 interest rates under 4% and 4 successive months with rates at or under 3%. Read More

Ask The Experts
SBA 504 Q&A: Loan Payments and the CARES Act

Q: Small Business Administration (SBA) 504 loan payments for April and May were not debited.  Should borrowers be worried?  Is there something they need to be doing?  Should they cancel their ACH? Read More

Borrower Profile
SBA 504 Loan Taps Odd Colony Brewing Company for Success

In an urban farmhouse inspired setting in downtown Pensacola, Florida, Odd Colony Brewing Company pours rounds of hand crafted beers, featuring area agriculture, from its 16 unique bone-handle taps.  Filled with local art and unique furnishings, the friendly farm to table-like taproom of the 4,765 square-foot brewery is an homage to the Northwest Florida roots of its co-founders, Blake Foster and Brett Schweigert. Read More