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SBA 504 Loan Interest Rates
November 2024
25-Year Fixed Rate Standard:
6.325%
25-Year Fixed Rate Refinance:
6.354%
20-Year Fixed Rate Standard:
6.395%
20-Year Fixed Rate Refinance:
6.425%
10-Year Estimated Fixed Rate Standard:
6.519%
10-Year Estimated Fixed Rate Refinance:
6.555%
Official monthly SBA 504 effective interest rate tables can be found at Eagle Compliance LLC. 25- and 20-year term loans fund every month; 10-year term loans fund every other month. Effective interest rates are inclusive of servicing fees, which are subject to credit risk of the applicant.
Sales Manager: Florida
Office: 205.962.9137 or 800.504.LOAN (5626) gayle@firstcapital.org
Sales Manager: Florida
Office: 205.962.9137 or 800.504.LOAN (5626) gayle@firstcapital.org
Contact: Gayle Hoshstrasser, Sales Manager: Florida
Office: 205.962.9137 or 800.504.LOAN (5626)
Email: gayle@firstcapital.org
Counties Served: All other Alabama counties.
Gayle has more than 25 years of experience in the banking industry, specializing in commercial banking. As a top producer helping businesses realize their dreams of real estate ownership, she became enamored with the SBA 504 program and took the full leap into SBA lending as a Business Development Officer/SBA Specialist for JP Morgan Chase Bank and then Regions Bank. In 2020, Gayle joined the FCF/FFC team as an underwriter and now serves as Regional Sales Manager, facilitating the company’s expansion into Alabama and Georgia. From 2019-2022, she served on the Florida Association of Government Guaranteed Lenders (FLAGGL) Board and is active with other non-profits, including weVenture which ignites the power of women entrepreneurs.
BDO Sales
Office: 205.659.3311 drew@firstcapital.org
Contact: Drew Robinson, BDO
Office: 1500 1st Ave N, Birmingham, AL 35203
Phone: 205.659.3311
Email: drew@firstcapital.org
Counties Served: Central Alabama/Birmingham
Drew Robinson serves as a Business Development Officer for First Capital Finance Corporation in the greater Birmingham area and is based in Birmingham, AL. Drew has nearly ten years of banking industry experience in commercial credit and small business retail banking. Prior to working in financial services, he was an educator in his hometown of Wailuku, HI. Drew earned an M.S. in Accounting from the University of Colorado and a B.A. in History from California State University, Northridge.
VP Corporate Sales
Office: 813.951.1094 iris@firstcapital.org
Contact: Iris DeSpain
Office: 813.951.1094
Email: iris@firstcapital.org
Serving all Alabama counties.
Iris serves as a Vice President and Business Development Officer for the Alabama market. With over 20 years of commercial banking experience, she has a diversified skill set across the banking landscape encompassing SBA, business development, treasury management, credit structuring and relationship management. Her business credit experience includes providing lending solutions to finance owner-occupied commercial real estate, equipment, construction projects, partner buyouts, debt refinancing, and leasehold improvements. In addition, Iris speaks fluent Spanish.
VP Sales
Office: 850.566.6152 marsha@great-seal.com
Contact: Marsha Asbury-Turner, BDO
Office: 850.566.6152 Fax: 855.777.3590
Email: marsha@great-seal.com
Counties Served: Bay, Calhoun, Dixie, Franklin, Gadsden, Gulf, Hamilton, Holmes, Jackson, Jefferson, Lafayette, Leon, Liberty, Madison, Suwannee, Taylor, Wakulla, Walton, and Washington.
Marsha serves as a Vice President/BDO for North Florida & Panhandle and South Georgia and is based in Tallahassee. Marsha joined Florida First Capital in 2018 and has nearly 20 years of banking experience on both the commercial and retail side. She is a native of Tallahassee and provides comprehensive service throughout the SBA loan process. Prior to joining the company, Marsha served as commercial lender with Prime Meridian Bank, where she worked closely with borrowers in both commercial and consumer lending. She received a B.S. in Finance & Real Estate from Florida State University. Marsha has been involved with her local Rotary Club since 2014, and has served on other local boards throughout her career. Marsha is responsible for the following North Florida & Panhandle counties: Bay, Calhoun, Dixie, Franklin, Gadsden, Gulf, Hamilton, Holmes, Jackson, Jefferson, Lafayette, Leon, Liberty, Madison, Suwannee, Taylor, Wakulla, Walton and Washington. In South Georgia, Marsha covers the following counties: Atkinson, Baker, Berrien, Brooks, Clay, Clinch, Coffee, Colquitt, Cook, Crisp, Decatur, Dougherty, Early, Echols, Grady, Irwin, Lanier, Lee, Lowndes, Miller, Mitchell, Seminole, Terrell, Thomas, Tift, Turner, Ware and Worth.
VP Sales
Office: 904.861.2270 kristen@great-seal.com
Contact: Kristen Tackett, VP & BDO
Office: 904.861.2270 Fax: 321.415.0288
Email: kristen@great-seal.com
Counties Served: Alachua, Baker, Bradford, Clay,
Columbia, Duval, Flagler, Gilchrist, Nassau, Putnam, St. Johns,
and Union.
For nearly 20 years, Kristen has served as a Vice President and Business Development Officer for the Northeast Florida territory and is based in Jacksonville. During her time with the company, Kristen has put together more than 1000 deals resulting in hundreds of millions of dollars in SBA 504 loans and has consistently been one of the industry’s top producers. Prior to joining Florida First Capital, she earned a B.A. in Business Administration and a B.A. in Marketing from the University of North Florida. Kristen has successfully completed various banking courses through the Risk Management Association and the National Association of Development Companies. 504 lending is her passion and her many years of industry experience and her tenacious ‘never quit’ approach to lending makes her an excellent partner to both businesses and lenders. Kristen is responsible for 12 Northeast Florida counties, including: Alachua, Baker, Bradford, Clay, Columbia, Duval, Flagler, Gilchrist, Nassau, Putnam, St. Johns, and Union.
VP Sales
Office: 407.276.4961 john@great-seal.com
Contact: John Hanrahan, VP & BDO
Office: 407.276.4961 Fax: 407.650.3315
Email: john@great-seal.com
Counties Served: Citrus, Lake, Levy, Marion,
Orange, Osceola, Seminole, Sumter, and Volusia.
John serves as a Vice President and Business Development Officer for the Central Florida area and is based in Orlando. He has more than 16 years of experience in finance and marketing. Prior to joining the company, he was Vice President and Account Executive for GE Commercial Finance in Orlando. John also served as a Credit Manager for Wells Fargo. He received an M.B.A from Rollins College. John is responsible for 9 Central Florida counties: Citrus, Lake, Levy, Marion, Orange, Osceola, Seminole, Sumter and Volusia.
Scott Radway
VP Sales, Tampa Bay Area
Scott serves as a Vice President and Business Development Officer for the Tampa Bay Area and is based in Tampa. He has over 30 years of commercial banking experience. Prior to joining the company, Scott was the Business Banking Sales Manager in Hillsborough County for Wells Fargo. He also was the Business Banking Sales Manager for Regions Bank from 1998 to 2011 and was responsible for Broward and Palm Beach Counties. He received a B.S. in Finance from Florida State University. Scott is responsible for 5 counties in the Tampa Bay Area: Hernando, Hillsborough, Pasco, Pinellas and Polk.
BDO Sales
Office: 561.764.4881 laurel@great-seal.com
Contact: Laurel McNamara, BDO
Office: 561.764.4881
Email: laurel@great-seal.com
Counties Served: Palm Beach.
Laurel serves as a Business Development Officer for Palm Beach County, Florida. Laurel earned her B.S. in Biological Sciences from Arizona State University. She has over 10 years of nationwide SBA-related lending experience and is active on many National SBA Association Committees and the Risk Management Association of South Florida Board.
BDO Sales
Office: 321.831.9147 brenda@great-seal.com
Contact: Brenda Marvin, BDO
Office: 321.831.9147 Fax: 833.477.0573
Email: brenda@great-seal.com
Counties Served: Brevard, Indian River, Martin, Okeechobee,
and St. Lucie.
Brenda serves as a Business Development Officer for the Space & Treasure Coasts and is based in Melbourne. She has over 30 years of banking and finance experience. Prior to joining the company, Brenda was a Vice President of Small Business Development Officer serving the Space & Treasure Coasts for BB&T, now Trust. Throughout her career, she has obtained diplomas in financial banking, consumer lending, residential mortgage lending and commercial lending from the Center for Financial Training. Brenda is responsible for 5 Florida counties: Brevard, Indian River, Martin, Okeechobee and St. Lucie.
Sales Manager: Florida
Office: 205.962.9137 or 800.504.LOAN (5626) gayle@firstcapital.org
Sales Manager: Florida
Office: 205.962.9137 or 800.504.LOAN (5626) gayle@firstcapital.org
Contact: Gayle Hoshstrasser, Sales Manager: Florida
Office: 205.962.9137 or 800.504.LOAN (5626)
Email: gayle@firstcapital.org
Counties Served: Broward and all Florida Counties
Gayle has more than 25 years of experience in the banking industry, specializing in commercial banking. As a top producer helping businesses realize their dreams of real estate ownership, she became enamored with the SBA 504 program and took the full leap into SBA lending as a Business Development Officer/SBA Specialist for JP Morgan Chase Bank and then Regions Bank. In 2020, Gayle joined the FCF/FFC team as an underwriter and now serves as Regional Sales Manager, facilitating the company’s expansion into Alabama and Georgia. From 2019-2022, she served on the Florida Association of Government Guaranteed Lenders (FLAGGL) Board and is active with other non-profits, including weVenture which ignites the power of women entrepreneurs.
VP Sales
Office: 786.229.4688 alejandro@great-seal.com
Contact: Alejandro Buitrago, VP & BDO
Office: 786.229.4688 Fax: 877.835.1854
Email: alejandro@great-seal.com
Counties Served: Miami-Dade and Monroe.
Alejandro serves as a Vice President and Business Development Officer for the Miami-Dade Area and is based in Miami. Alejandro has more than eight years of experience in business management and development. Prior to joining the company, he was a support consultant with Tier I, a division of Windstream Corp., where he conducted business operations with the largest Latin American telecom client in Colombia. Alejandro also previously served as President of a family-owned manufacturing business where he focused on establishing strategic partnerships with industry leaders. He received a B.A. in Marketing from the University of Miami and reads, writes and speaks fluent Spanish. Alejandro is responsible for two South Florida counties: Miami-Dade and Monroe.
VP Corporate Sales
Office: 813.951.1094 iris@firstcapital.org
Contact: Iris DeSpain, VP & BDO
Office: 813.951.1094
Email: iris@firstcapital.org
Serving all Florida counties.
Iris serves as a Vice President and Business Development Officer for the Florida market. With over 20 years of commercial banking experience, she has a diversified skill set across the banking landscape encompassing SBA, business development, treasury management, credit structuring and relationship management. Her business credit experience includes providing lending solutions to finance owner-occupied commercial real estate, equipment, construction projects, partner buyouts, debt refinancing, and leasehold improvements. In addition, Iris speaks fluent Spanish.
Sales Manager: Florida
Office: 205.962.9137 or 800.504.LOAN (5626) gayle@firstcapital.org
Sales Manager: Florida
Office: 205.962.9137 or 800.504.LOAN (5626) gayle@firstcapital.org
Contact: Gayle Hoshstrasser, Sales Manager: Florida
Office: 205.962.9137 or 800.504.LOAN (5626)
Email: gayle@firstcapital.org
Counties Served: All other Georgia counties.
Gayle has more than 25 years of experience in the banking industry, specializing in commercial banking. As a top producer helping businesses realize their dreams of real estate ownership, she became enamored with the SBA 504 program and took the full leap into SBA lending as a Business Development Officer/SBA Specialist for JP Morgan Chase Bank and then Regions Bank. In 2020, Gayle joined the FCF/FFC team as an underwriter and now serves as Regional Sales Manager, facilitating the company’s expansion into Alabama and Georgia. From 2019-2022, she served on the Florida Association of Government Guaranteed Lenders (FLAGGL) Board and is active with other non-profits, including weVenture which ignites the power of women entrepreneurs.
VP Sales
Office: 850.566.6152 marsha@great-seal.com
Contact: Marsha Asbury-Turner, BDO
Office: 850.566.6152 Fax: 855.777.3590
Email: marsha@great-seal.com
Counties Served: Atkinson, Baker, Berrien, Brooks, Calhoun, Clay, Clinch, Coffee, Colquitt, Cook, Crisp, Decatur, Dougherty, Early, Echols, Grady, Irwin, Lanier, Lee, Lowndes, Miller, Mitchell, Seminole, Terrell, Thomas, Tift, Turner, Ware, and Worth.
VP Corporate Sales
Office: 813-951-1094 iris@firstcapital.org
Contact: Iris DeSpain
Office: 813.951.1094
Email: iris@firstcapital.org
Serving all Georgia counties.
Iris serves as a Vice President and Business Development Officer for the Georgia market. With over 20 years of commercial banking experience, she has a diversified skill set across the banking landscape encompassing SBA, business development, treasury management, credit structuring and relationship management. Her business credit experience includes providing lending solutions to finance owner-occupied commercial real estate, equipment, construction projects, partner buyouts, debt refinancing, and leasehold improvements. In addition, Iris speaks fluent Spanish.
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