Iris DeSpain, Your SBA 504 Lending Expert

With over 20 years of experience in the lending industry, Iris DeSpain has developed one of the largest networks of banking partners.

As a Certified Development Company (CDC), she has unique access to resources and networks that regular banks and consumers do not.

This specialized access, combined with her extensive knowledge and connections, allows her to secure SBA 504 loans that many brokers can't, making her a top choice for business owners seeking financing.

Iris’s role as a CDC gives her specialized access to SBA resources and a broad network of lending partners.

This access, along with her deep relationships with a wide range of banks and non-bank lenders, allows her to find the right fit for your business, increasing the likelihood of loan approval.

Iris’s streamlined process and strong lender relationships enable her to expedite loan approvals.

As a CDC, she works diligently to ensure you receive funding as quickly as possible, allowing you to focus on growing your business.

Iris provides SBA 504 lending services in Florida, Georgia, and Alabama. Her regional expertise ensures that she understands the unique economic landscapes and lending opportunities in these states.

Absolutely. Iris has the expertise to assist with SBA 504 loans for startups and businesses relying on projections.

She understands the unique challenges these businesses face and works diligently to find suitable financing solutions.

A CDC is a nonprofit corporation that is certified and regulated by the SBA to provide financing to small businesses under the SBA 504 Loan Program.

As a CDC, Iris has specialized access to SBA resources and a broad network of lending partners, which allows her to offer unique financing solutions and secure loans that regular banks often cannot.

Special-purpose properties include hotels, motels, assisted living facilities, car washes, cemeteries, golf courses, and other unique businesses.

Iris specializes in securing financing for these types of properties, leveraging her network and experience to find the right lenders willing to fund these projects.

Limited & Special Purpose Properties also include: Amusement parks, Bowling alleys, Cold storage facilities where more than 50% of the total square footage is equipped for refrigeration, Farms, including dairy facilities; funeral homes w/crematoriums; gas stations; hospitals, surgery centers, urgent care centers, marinas, sanitary landfills, service centers and lube, brake or transmission centers with pits and in ground lifts, sports arenas, swimming pools, tennis clubs, theaters and wineries.

Iris maintains strong relationships with a wide range of banks and lenders, regularly attends industry conferences, and stays informed about changes in SBA regulations and lending practices.

This ongoing education ensures that she can offer the most current and effective financing solutions to her clients.

Yes, Iris can help you refinance existing debt under the SBA 504 program, potentially lowering your interest rates and improving your cash flow.

She will assess your current debt situation and work with you to determine the best refinancing options available.

During your initial consultation, Iris will discuss your business needs, review your financial situation, and identify potential financing options.

She will explain the SBA 504 loan process, answer any questions you may have, and outline the next steps to move forward with your loan application.

In addition to SBA 504 loans, Florida First Capital offers the 504 Bridge Loan Program, the Rebuild Florida Business Loan Fund and the Florida Recycling Loan Program, among other small business assistance programs.

Iris can help you explore these options to find the best fit for your business needs.