November 2018
Commercial Lending
Florida First Capital Starts the SBA’s New Fiscal Year Ranked #1 Nationwide (for One Month Anyhow)

According to the Small Business Administration (SBA), Florida First Capital, a non-profit Certified Development Company, produced 31 SBA 504 loan projects resulting in $30,571,000 of approved 504 dollars and $68,784,740 in total project financing as of Oct. 31, 2018 – the first month of the new fiscal year – currently ranking it #1 among all active Certified Development Companies nationwide. Read More

Important Deadlines Approach for Small Business Emergency Bridge Loan Program

Application deadlines are fast approaching for Florida small business owners that were impacted by two disaster events that are currently qualified under the Florida Small Business Emergency Bridge Loan Program: Hurricane Michael and Red Tide. Read More

SBA 504 Loan Interest Rate Report: November 2018

The bonds that funded November’s 20- and 25-year Small Business Administration (SBA) 504 loans continued to increase over the last two month, but the resulting effective interest rate (the all-in cost to a borrower) still remains in the mid 5% range thanks to reduced loan servicing fees for FY 19 that went into effect Oct.1. Read More

Ask The Experts
SBA 504 Q&A: EPCs and OCs

Q: Can I use an existing real estate holding company for my Small Business Administration (SBA) 504 loan project? Read More

Borrower Profile
SBA 504 Loan Brings Together Pups and Pale Ales in Unique Northeast Florida Space

Kanine Social is creating quite the bark and buzz among the Jacksonville area’s animal lovers and their four legged fur babies. Read More