June 2019
Commercial Lending
SBA 8-Month Performance Report: Florida First Capital is Ranked #1 Nationally

According to the Small Business Administration (SBA), as of May 31, 2019, Florida First Capital has not only maintained its lead in SBA 504 loan production for approved projects and dollar totals in Florida, but is now ranked #1 nationally among all active Certified Development Companies. Read More

Historical First: SBA 504 Loan Interest Rate Hits All-Time Low

For the first time since inception of the Small Business Administration (SBA) 504 Loan Program some 33+ years ago, the 20-year full-term effective interest rate fell below 4%.  There truly has never been a better time for small business entrepreneurs to utilize the 504 loan program. Read More

25-Year Term Option for SBA 504 Loans Reaches $1 Billion Milestone

Since its launch last July, the 25-year term option for Small Business Administration (SBA) 504 loans hit a milestone of over $1 billion in fundings this month. Read More

Deadline is June 30 for Florida Farmers Impacted by Hurricane Michael to Apply for Interest-Free Emergency Bridge Loans

The Florida Catastrophic Emergency Bridge Loan Program, which is a subset of the Florida Small Business Emergency Bridge Loan Program, allows agricultural producers of field crops that were devastated by Hurricane Michael to secure short-term, interest-free funding for the upcoming grow cycle.  The deadline to apply is June 30, 2019. Read More

Ask The Experts
SBA 504 Q&A: Appraisal Report Guidelines

Q: What key components of a Small Business Administration (SBA) 504 loan project should an appraisal address prior to submittal to the SBA? Read More

Borrower Profile
SBA 504 Loan Helps Local Golf Equipment Supplier Beat the Odds

The golf industry has suffered a flattening of the game’s participation rate in recent years and equipment suppliers have paid the consequences, especially small locally owned shops.  One by one, they have faded away, leaving big-box businesses, such as the PGA Tour Superstore, Academy Sports and Edwin Watts, as the only options. Read More