Florida First Capital remains top SBA lender


Florida First Capital Finance Corporation (FFC) is pleased to announce it is once again the top Small Business Administration (SBA) lender in Florida for fiscal year 2022. This is the 7th consecutive year FFC has been #1 statewide.

Florida First Capital provided $348,713,000 in SBA dollars to small businesses and helped create 2,621 jobs. The company also finished the fiscal year ranked fourth nationally out of 270 CDCs across the country.

Florida First Capital is a nonprofit certified development company, created by the state of Florida to promote economic development and job creation by small businesses. SBA 504 loans are provided in partnership between CDCs like Florida First Capital and commercial lenders. In FY 2022, Florida First Capital and its commercial lending partners loaned $859,560,078 total dollars to Florida’s small businesses.

“This accomplishment is a testament to the Florida First Capital professional lending team and our lending partners who work diligently to help small business owners grow and succeed through the 504 loan program,” said Todd Kocourek, President and CEO of Florida First Capital Finance.

The SBA 504 Loan Program provides up to 90% financing at below-market, fixed interest rates for as long as 25 years to help small businesses buy or build commercial property, purchase heavy duty machinery and equipment and/or refinance commercial debt. “In a rising rate market, the 504 loan remains the best solution for small business owners,” said Kocourek.

In the SBA North Florida District during FY 2022, Florida First Capital dominated the market with $142,999,000 total approved dollars and 1,215 jobs created. In fact, of the SBA lenders serving north Florida, Florida First Capital lent 66% more SBA dollars and created more than twice the number of jobs than the next 5 lenders combined.

Since 1983, Florida First Capital has helped thousands of small businesses grow and expand, create jobs, and strengthen Florida’s economy. For more information on the SBA 504 Loan Program, visit our website at www.ffcfc.com or call 800.504.LOAN.

About Florida First Capital

Florida First Capital is Florida's original statewide certified development company promoting economic development and job creation. Under the SBA 504 Loan Program, Florida First Capital works with private-sector lenders to provide eligible small business owners in Florida and Alabama and Georgia (dba First Capital Finance) with below-market, fixed interest rate long-term financing for the purchase of capital assets, such as owner-occupied commercial real estate and/or fixed heavy duty machinery and equipment.

Get in Touch: Email us at [email protected] or call us toll-free at 800.504.LOAN.

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