Georgia, You're On Our Mind!

Sep 2021

Florida First Capital is pleased to announce the Small Business Administration (SBA) has approved the company's multi-state SBA 504 Loan Program expansion into the state of Georgia. As with any big move, it will take some time to develop an infrastructure and begin operations throughout the Peach State, so please stay tuned!

Georgia follows the company’s statewide expansion into Alabama 2 years ago and will also operate as First Capital Finance (FCF), a DBA of Florida First Capital – a nonprofit certified development company established in 1983 and America’s #1 SBA 504 Small Business Lender for 2020.

To handle our production growth and expansion outside of Florida, and ensure we continue to provide excellent customer service and strong bottom line results for our lending partners and customers, we continue to actively expand our team with the best SBA 504 staff the industry has to offer.

We are currently seeking sales and support personnel in all markets of our Georgia expansion. For more information, contact Deborah Petrell, SVP & Sales and Marketing Manager, at 561.756.1745 or by email at deboarh@zjhuw.com.

For almost 4 decades, Florida First Capital has fulfilled its primary mission of economic development and job creation by assisting thousands of small businesses to grow and expand their operations by providing affordable commercial financing through the SBA 504 Loan Program. The full state expansions into Georgia and Alabama allow us to carry forward that mission into the Southeast.

We look forward to developing Georgia-based 504 lending partners and customers and providing them with the same service, commitment and expertise that our current customers have come to know and expect.

The SBA 504 Loan Program provides up to 90% financing at below-market, fixed interest rates and long amortization terms up to 25 years for the purchase of major fixed assets, such as owner-occupied commercial real estate, renovations, new construction, energy efficient “green” initiatives and/or fixed heavy duty machinery and equipment, as well as the refinance of commercial mortgage and other business debt with or without a cash-out option.

504 loans are paired with private-sector commercial loans and provide up to $5 million of aggregate SBA eligibility on standard 504 projects; up to $5.5 million per 504 energy efficient green project not exceed $16.5 million in the aggregate; and up to $5.5 million per eligible small manufacturing project with no limit on total SBA dollars available. These are SBA 2nd mortgage loan portions only; there is no limit on overall project dollar size.

For more information about SBA 504 loans in Alabama, Florida or Georgia, contact a Florida First Capital Loan Officer or email us at info@zjhuw.com. Phone: 850.681.3601 or toll-free at 888.320.5504.