Florida Finance Network


Florida Finance Network
The Florida Finance Network, an organization that unifies Florida’s economic development financing program is available throughout Florida to educate lenders, business owners, and economic development officials about financing programs available to small businesses. FFN builds awareness of state and federal small business and economic development financing programs available to Florida businesses. Member organizations are: Access Florida Finance Corporation - AFFC was founded in 1988 to strengthen the economy of the state by increasing the number of qualified black business enterprises, which in turn will increase competition in the marketplace and improve the welfare of economically depressed neighborhoods; increase opportunities for the employment of blacks, as well as the population in general; provide role models and establish business networks for the benefit of future generations of aspiring entrepreneurs; and take measures to increase access of black businesses to both debt and equity capital.www.accessfloridafinance.com. Florida Development Finance Corporation - FDFC was created by special state statute as an issuer of bonds, both taxable and tax-exempt, to provide low cost capital to Florida manufacturers. FDFC’s Board of Directors is appointed by the governor, and its day to day operations are administered by executives provided by Enterprise Florida Inc., which is the public-private partnership responsible for leading Florida’s statewide economic development efforts. Transactions through FDFC are exempt from Florida taxes such as documentary stamp tax on noted evidencing a debt and intangible tax on mortgage instruments. This exemption applies whether the interest on the bonds is taxable or tax-exempt under IRS rules.www.eflorida.com. Florida Export Finance Corporation - FEFC was created by the State of Florida in 1993 as a not-for-profit corporation, with a mandate to expand employment and income opportunities by supporting the export of goods and services from the State. FEFC offers information, technical and consulting as well as financial assistance to small and medium sized exporters throughout the State of Florida. FEFC can guarantee a lender’s revolving line of credit to an exporter up to a maximum of $500,000, and arranges much larger loans through U.S. government programs.www.fefc.biz Florida First Capital Finance Corporation - FFCFC , founded by the State of Florida in 1983, is Florida’s statewide Certified Development Corporation (CDC). Its mission is to strengthen the economic development of the state and provide financial assistance to small businesses in conjunction with SBA and private sector lenders. From Pensacola to Key West, FFCFC provides growing businesses with long-term, fixed-rate financing for fixed assets and expansion costs.www.ffcfc.com Neighborhood Lending Partners, Inc. - NLP was founded in 1993 as a nonprofit, multi-bank lending consortium and provides financing to developers of affordable housing and community revitalization. NLP facilitates private investment and improvement opportunities for community growth, community revitalization and the preservation of neighborhoods. NLP strives to lessen the burden of government by working with public agencies to achieve maximum leverage of public and private dollars, as well as providing technical assistance to project sponsors.www.nlp-inc.com

Florida Finance Network

The Florida Finance Network, an organization that unifies Florida’s economic development financing program is available throughout Florida to educate lenders, business owners, and economic development officials about financing programs available to small businesses. FFN builds awareness of state and federal small business and economic development financing programs available to Florida businesses. Member organizations are:

Access Florida Finance Corporation - AFFC was founded in 1988 to strengthen the economy of the state by increasing the number of qualified black business enterprises, which in turn will increase competition in the marketplace and improve the welfare of economically depressed neighborhoods; increase opportunities for the employment of blacks, as well as the population in general; provide role models and establish business networks for the benefit of future generations of aspiring entrepreneurs; and take measures to increase access of black businesses to both debt and equity capital.www.accessfloridafinance.com.

Florida Development Finance Corporation - FDFC was created by special state statute as an issuer of bonds, both taxable and tax-exempt, to provide low cost capital to Florida manufacturers. FDFC’s Board of Directors is appointed by the governor, and its day to day operations are administered by executives provided by Enterprise Florida Inc., which is the public-private partnership responsible for leading Florida’s statewide economic development efforts. Transactions through FDFC are exempt from Florida taxes such as documentary stamp tax on noted evidencing a debt and intangible tax on mortgage instruments. This exemption applies whether the interest on the bonds is taxable or tax-exempt under IRS rules.www.eflorida.com.

Florida Export Finance Corporation - FEFC was created by the State of Florida in 1993 as a not-for-profit corporation, with a mandate to expand employment and income opportunities by supporting the export of goods and services from the State. FEFC offers information, technical and consulting as well as financial assistance to small and medium sized exporters throughout the State of Florida. FEFC can guarantee a lender’s revolving line of credit to an exporter up to a maximum of $500,000, and arranges much larger loans through U.S. government programs.www.fefc.biz

Florida First Capital Finance Corporation - FFCFC , founded by the State of Florida in 1983, is Florida’s statewide Certified Development Corporation (CDC). Its mission is to strengthen the economic development of the state and provide financial assistance to small businesses in conjunction with SBA and private sector lenders. From Pensacola to Key West, FFCFC provides growing businesses with long-term, fixed-rate financing for fixed assets and expansion costs.www.ffcfc.com

Neighborhood Lending Partners, Inc. - NLP was founded in 1993 as a nonprofit, multi-bank lending consortium and provides financing to developers of affordable housing and community revitalization. NLP facilitates private investment and improvement opportunities for community growth, community revitalization and the preservation of neighborhoods. NLP strives to lessen the burden of government by working with public agencies to achieve maximum leverage of public and private dollars, as well as providing technical assistance to project sponsors.www.nlp-inc.com