FLORIDA FINANCE NETWORK: GOOD FOR BUSINESS IN FLORIDA

The Florida Finance Network, a nonprofit consortium of organizations, exists to ensure that small to medium sized Florida companies have access to affordable capital they need to succeed. FFN delivers financing assistance from state and federal programs. Most Florida businesses established for two years are eligible. Start-ups are also funded, but might require assistance from the Florida Small Business Development Center Network.

Member organizations are:

Access Florida Finance Corporation - AFFC 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, establish business networks, and increase access of black businesses to both debt and equity capital. www.accessfloridafinance.com.

Florida Development Finance Corporation - FDFC Created by special state statute as an issuer of bonds, both taxable and tax-exempt, to provide low cost capital to Florida manufacturers. Transactions through FDFC are exempt from Florida taxes such as documentary stamp tax on noted evidencing a debt and intangible tax on mortgage instruments. www.eflorida.com.

Florida Export Finance Corporation - FEFC Created 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, consulting and financial assistance to small and medium sized Florida exporters. www.fefc.biz

Florida First Capital Finance Corporation - FFCFC Founded 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. FFCFC provides growing businesses with long-term, fixed-rate financing for fixed assets and expansion costs. www.ffcfc.com

Neighborhood Lending Partners, Inc. - NLP Founded in 1993 as a nonprofit, multi-bank lending consortium and provides financing to developers of affordable housing and community revitalization. NLP works 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

Visit www.floridafinance.org for more detailed information.