Iris DeSpain

Iris DeSpain: Your Trusted Lending Partner

Welcome! I'm Iris DeSpain, Vice President & Business Development Officer at Florida First Capital Finance Corporation (FFCFC), serving the Florida, Georgia, and Alabama markets. With a robust background in finance and a passion for helping businesses grow, I am dedicated to securing the financing you need to thrive.

Expertise You Can Rely On

I specialize in CDC SBA 504 lending, offering up to 90% loan-to-value (LTV) for real estate and equipment financing. Whether you're looking to buy, refinance, renovate, or embark on ground-up construction, I can help you achieve your goals with favorable terms. My bilingual proficiency in Spanish ensures clear communication and support for a diverse range of clients.

Unique Approach

Unlike loan brokers, bankers, or banks, I work with all banks and non-bank lenders, partnering with CDCs to secure SBA 504 loans. This unique position allows me to stay informed about lender activities across the state and match borrowers with the right financial institutions based on industry needs and credit profiles.

Comprehensive Solutions

I am well-versed in obtaining financing for even the most challenging industries, including special purpose properties like hotels, motels, ALFs, car washes, cemeteries, golf courses, bowling alleys, and facilities with swimming pools. I also specialize in startup and projection-based loans. Business owners can utilize the SBA 504 Loan Program for various needs, including changes of ownership based on eligible fixed assets.

About FFCFC

Florida First Capital Finance Corporation is a non-profit certified development company promoting economic development and job creation. Under the SBA 504 Loan Program, we work with private-sector lenders to provide eligible small business owners with below-market, fixed interest rate long-term financing for commercial property and heavy-duty machinery and equipment.

Additional Loan Programs

We offer various loan programs to meet diverse business needs:

• SBA 504 Loan Program for Borrowers
• SBA 504 Loan Program for Lenders & Credit Unions
• SBA 504 Loan Program for Realtors & Brokers
• 504 Bridge Loan Program
• Rebuild Florida Business Loan Fund
• Florida Recycling Loan Program
• Green Loan Program
• Hemp Loan Program

Let's Connect

I am based in Tampa Bay, where I earned my B.S. degree in Finance from the University of Tampa. Ready to take the next step? Contact me today to discuss how we can secure the financing your business needs.

Contact Information:

• Email: iris@ffcfc.com
• Mobile: 813-951-1094

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