January 2019
Commercial Lending
SBA Shutdown Update

The SBA remains shutdown as part of the larger, partial federal government shutdown due to a lapse in appropriations.  Florida First Capital, however, continues to accept new projects.  During the shutdown, we can still work on files, prepare submissions and get internal approvals so we are as best prepared as we can be once the SBA reopens. Read More

SBA 504 Interest Rates Decline Well Below Prime

Despite the ongoing government and SBA shutdown, there is some good news for small business borrowers.  The bonds that funded January’s SBA 504 loans continued to decline over last month, which was the largest decline since February 2016, resulting in this month’s full-term effective interest rates (the all-in costs to borrowers) to fall firmly into the 4% range. Read More

Thankful for another Great Year of Small Business Lending!

With 2019 underway, we’d like to take a moment to one again express our sincere gratitude for all of our small business borrowers and commercial lending partners across the state for working with us to become Florida’s #1 SBA lender statewide again for 2018 and a third year in a row. Read More

Ask The Experts
SBA 504 Q&A: Annual Loan Requirements for Borrowers

Q: A borrower’s SBA 504 loan has funded so all the borrower is obligated to do now is keep their loan current, correct? Read More

Borrower Profile
SBA 504 Loan Helps Investigators Stay in the Know

Have you ever needed your own personal “Q,” you know the gadget master in the 007 James Bond films?  There is a store in Miami that provides the services and equipment that both professional and amateur sleuths rely on. Read More