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Cambridge Capital Management Corp.: FF&S Grows With SBA 504 Loan From STAR Financial Bank, Indiana Statewide CDC (Indianapolis)

2018-02-21T17:05:26+00:00 February 21st, 2018|

FF&S is a 32-year-old business whose growth led company owner and CEO Jeff Williams to relocate to a larger facility in Anderson.

FF&S (formerly Financial Forms & Systems) corporate headquarters is now operating in Anderson’s Flagship Enterprise Center in a combined office building and warehouse. Williams obtained financing to buy and equip the building from the U.S. Small Business Administration 504 loan program through STAR Financial Bank and Indiana Statewide Certified Development Corporation.

Indiana Statewide CDC works with local Indiana lenders to issue SBA 504 loans to help owners of expanding or startup small businesses buy real estate, buildings and equipment. SBA 504 loans help small companies gain favorable financing terms similar to those available to large companies in conventional loans.

FF&S is a turnkey provider of consumable supplies for any business. From industry-specific forms to office supplies and promotional products, FF&S works with businesses to strategically manage the costs, warehousing, distribution and financial reporting on all business supply related expenses.

This loan enables FF&S to move its 38 corporate employees under one roof for the first time. Williams says, “Before this loan, our corporate office and Indiana-based warehouse were in separate locations. Being under one roof is making us more efficient and build an even strong team culture. Something I know our customers will benefit from as well.”

“The SBA 504 loan term and rate were very competitive. We might not have been able to accomplish our goal of a larger, consolidated corporate headquarters with a conventional loan,” Williams says.

Trent Dowling of STAR Financial Bank says, “Financial Forms & Systems is a great company to be headquartered here in Anderson.  Jeff along with his team are top notch and great to work with.  STAR is happy to call FF&S a partner.”

Background:

Indiana Statewide CDC (www.cambridgecapitalmgmt.com) has provided more than $500 million to 1,200 Indiana companies since 1983, creating or saving more than 15,000 jobs, and is the most prolific CDC in Indiana.

STAR Financial Bank (www.starfinancial.com) headquartered in Fort Wayne, Indiana, delivers full banking and investment services through 47 location in central and northeast Indiana and online. STAR has grown to $1.86 billion in assets.

FF&S (www.ffssolutions.com) specializes in managing and providing the business supplies and materials that make your business go. Known for over 30 years of history with banks and other financial institutions, but our experience extends across many industries. Enterprise-level companies to smaller organizations, have entrusted us with their vendor management programs, operational supplies and creative design.

Professionally Managed by Cambridge Capital Management Corp.