September 2017
Commercial Lending
Florida Small Business Emergency Bridge Loan Program Activated and Upgraded Following Hurricane Irma

In an effort to speed up the recovery process for businesses that sustained physical damage and/or economic injury as a result of Hurricane Irma, Gov. Rick Scott has activated the Florida Small Business Emergency Bridge Loan Program. Read More

Update: 25-Year Debentures Confirmed for SBA 504 Loans in 2018

The Small Business Administration (SBA) recently confirmed the issuance of 25-year debentures on the permanent SBA 504 second lien loans in 2018. Read More

SBA 504 Loan Interest Rates Remain the Lowest of 2017

The bonds that funded September’s 20-year Small Business Administration (SBA) 504 loans continued to decline over last month, keeping the effective interest rate (the all-in cost to a borrower) the lowest of the year.  Frank Keane, fiscal and selling agent for 504 funding securities, comments. Read More

FLAGGL 2017 Annual Conference Rescheduled for November

Due to Hurricane Irma, the 2017 Florida Association of Government Guaranteed Lenders (FLAGGL) Annual Conference set for Sept. 13-15 at the JW Marriott in Orlando was cancelled.  The event will now be held Nov. 13-15 at the same location. Read More

Ask The Experts
SBA 504 Q&A: Subordination to Non-Project Loan Proceeds (7(a) Loan)

Q: Will the Small Business Administration (SBA) subordinate to the refinance of a 504 first mortgage loan if it includes 7(a) loan proceeds? Read More

Borrower Profile
SBA 504 Loan Program Helps Bring CrossFit Franchise to the First Coast

Getting franchise projects approved in today’s Small Business Administration (SBA) lending environment can present many challenges, including eligibility issues. Read More