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NSDC is pleased to announce that a permanent SBA 504 refinance program has been signed into law.
The provision was placed into the omnibus bill that will fund the government for the rest of FY 2016. In a summary of the bill by the U.S. House Appropriations Committee it says that the agreement “…includes a provision to reauthorize the 504 refinance program at $7.5 billion to help business owners refinance their commercial mortgages…”
It will take a few more months for this ...Continue Reading →
All of us at NSDC begin this new fiscal year with a sense of excitement in the air! As our economy continues its slow but steady recovery, we expect that there will be new opportunities for our small business clients to grow their businesses and prosper. While we deal with a diverse cross-section of Nevada’s small business owners, all of them have a few things in common. They are survivors. They are creative. They have faced immense challenges and, although ...Continue Reading →
The one-time guaranty fee that SBA is authorized to charge 504 borrowers will be reduced to zero in Fiscal Year 2016. The annual fee is reduced to 0.914 percent (91.4 basis points) of the outstanding balance of the loan.Continue Reading →
Roger Kadz, Business Development Officer for Nevada State Development Corporation, and Greg McKay, Vice President/Loan Production Manager for NSDC, will be among the featured guest speakers at Nevada’s Center for Entrepreneurship and Technology (NCET) Small Business Expo ’15.
The conference, Nevada’s only business-to-small business expo, is scheduled for 10 a.m. to 5 p.m. on Friday, Sept. 18 at the Atlantis Casino Resort Spa Grand Ballroom in Reno.
The NCET Expo features 1,000 small-business owners and entrepreneurs, more than 100 local exhibitors from ...Continue Reading →
As the new owners of All Aboard Cafe & Inn II, a bed-and-breakfast in the historic town of Ely in east-central Nevada, Rebecca Werber and Ralph Werber III have welcomed a wide variety of visitors since opening in April.
Located 67 miles from Great Basin National Park, Ely draws many travelers exploring the region’s world-class outdoors destinations as well as the ...Continue Reading →
Roger Kadz, Business Development Officer with Nevada State Development Corporation, and commercial real estate specialist Bram Buckley will serve as the featured speakers at the September installment of the Great Basin Federal Credit Union “Let’s Talk Business” seminar series.
The small business clinic, titled “Buying a Building for Your Business,” is scheduled for 5:30 p.m. to 7 p.m. on Tuesday, Sept. 22, at the Great Basin FCU main branch, 9770 S. Virginia Street in Reno.
“At Nevada State Development Corporation, our mission ...Continue Reading →
LAKERIDGE GOLF COURSE ACQUISITION BY DUNCAN GOLF MANAGEMENT ILLUSTRATES BIG POTENTIAL FOR GROWTH IN REGION’S GOLF INDUSTRY
Reno — Duncan Golf Management’s purchase of highly acclaimed LakeRidge Golf Course in December of 2013 came at an exciting time for Northern Nevada’s economy, with several prominent businesses relocating to the Northern Nevada area.
“With the changing economics in our community, we see a great potential for continued growth in the golf business” said Tom Duncan, owner/CEO of Duncan Golf Management, Inc. “We’re very ...Continue Reading →