Press & Announcements

Please browse the latest news from FSC First and recent press releases.
For more information, please contact our Executive Vice President, Susan D. Wagner at (301) 883-6900.

FSC First Hosts 2011 Annual Meeting
Thank you to all who attended our 2011 Annual Meeting which was a wonderful opportunity to highlight some of FSC First’s key accomplishments and upcoming initiatives for 2012. For your convenience, we have made the minutes from our Annual Meetingavailable for download, and look forward to a stellar year of economic and overall growth in our community. We appreciate your support of our endeavors and will continue to provide small- to mid-sized businesses with the tools they need to remain the economic engine of our county.

2011 Annual Meeting
Join us for Prince George’s Financial Services Corporation’s (FSC First) Annual Meeting, as we celebrate our accomplishments in supporting local enterprise and set the stage for an economically empowering era for small and mid-sized businesses in the region.

WHEN: 8:30-10:30 AM

DECEMBER 8, 2011

WHERE: NEWTON WHITE MANSION

2708 Enterprise Road, Bowie, MD 20721

To register, visit: http://fscfirst2011am.eventbrite.com/

FSC First Launches Online Needs Assessment Survey for the Prince George's County Small and Minority-Owned Businesses

[LARGO, MD]- The Prince George's Financial Services Corporation (FSC First) has developed an online needs assessment survey through the assistance of TDP, LLC and several representatives of local lending institutions, elected & appointed officials, state and local economic development officials, representatives of the local chambers and business organizations, and small & minority business resource partners. The purpose of the survey is to determine the current state of the small business economy in Prince George's County, as well as to assess the needs for growth and sustainability, locally and in the global economy.

"This survey is a fantastic tool that we can use to support and grow our small and minority-owned business community," said County Executive Rushern L. Baker, III. "Gathering in-depth, first-hand accounts of what local businesses need will help FSC First target and enhance its support for those businesses. I encourage all of our small and minority-owned businesses to take the time to respond to these questions."

The online survey will be available for two weeks — from July 8 thru July 22, 2011 and is accessible via http://www.fscfirst.com as well as the Prince George's County website, http://www.princegeorgescountymd.gov All qualified survey respondents will be entered into a drawing and the winner will receive a free electronic notebook. Survey results will be announced at a business networking event to be held in August.

Click here to take the online survey

FSC First was founded in 1978 as a non-profit corporation and is a certified development company authorized to issue both SBA 504 and non-SBA loans. In the history of the organization, more than 500 companies have received direct funding assistance to develop and grow their local businesses and is currently managing approximately $30 Million in financial assets.

FSC First's mission is to provide access to creative and innovative financing solutions for small and minority-owned businesses that may not qualify for traditional or bank financing. These solutions include but are not limited to SBA 504 commercial real estate financing and machinery & equipment loans; as well as working capital, acquisition of inventory, leasehold improvements, facility modernization, contract financing, and accounts receivable financing – to name just a few. The direct loan amounts typically range from $25,000 to $250,000 and the SBA 504 commercial real estate and machinery & equipment loans may be up to $5 million.

For additional information, call (301) 883-6900 or visit the FSC First website at www.fscfirst.com. FSC First is located at 1100 Mercantile Lane, Suite 115-A, in Largo, MD.

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