FFCFC

SBA loan fees returning

Thanks to Florida First Capital Finance Corporation for this update that indicates the funds for eliminating soft costs for SBA 7a and 504 loans are exhausted so we are returning to the pre-ARRA regulations unless the Obama jobs bill is passed. The bill includes a provision to eliminate loan fees through September 2010. Read on… […]

Sign of Florida Small Businesss Recovery?

In one of the first signs of economic recovery for small businesses in Florida, SBA 504 loans statewide nearly doubled from April through June over the first quarter of 2009. According to the most recent figures from the Small Business Administration (SBA), 113 small businesses took advantage of the 504 program for real estate and […]

Small Business Lending Improving

Florida First Capital Finance Corporation (FFCFC) posted this release today as sent by the SBA. The winds of capital access are blowing better. Small Business Lending Beginning to See Upswing It’s finally happening. Efforts to get money to capital-strapped small businesses are beginning to work as banks have returned to making loans backed by the […]

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