A Florida special development financing authority since 1993.
ABOUT US
Florida Development Finance Corporation (“FDFC”) is a state authorized issuer of industrial revenue bonds and does not receive state appropriations. FDFC issues bonds in counties throughout Florida through interlocal agreements. We support economic development by assisting for-profit and not-for-profit businesses with access to capital for project financing. The primary mechanism for accessing the capital markets is tax-exempt and taxable bonds.
WHY CHOOSE FDFC AS YOUR CONDUIT ISSUER
LOWER COST
FDFC has no annual issuance fees and can offer tax-exempt terms up to 35 years lowering debt service payments. Tax-exempt bonds notably reduce the borrower's cost by accessing lower interest rate.
EXPERIENCE
FDFC has been in operation since 1993, with now 30 years of history in tax-exempt financing. Our staff and partners can help organize a conduit issuance and provide the necessary feedback to get a project connected to the right resources.
RESOURCES
FDFC is a state-wide issuer and can provide the resources needed to do multi-county bond issuance transactions.
RESPONSIVE
FDFC understands the need to work in a timely manner and check off all the boxes needed to issue a bond. We engage with the borrower's finance team and ensure all requirements are met including holding TEFRA hearings and submitting TEFRA approvals.
ACCESS
FDFC connects business to sources of capital through conduit issuances of taxable, tax-exempt bonds or Commercial PACE Capital providers.
Meet our Partners
Our partners of professionals help us internally and help business stay connected. We want to ensure questions are answered correctly and your team has what you need to complete a Bond issuance.
