President’s Message 2019

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As our team at Nevada State Development Corporation enters
the new fiscal year, the watchword for 2020 is optimism. We’re optimistic about
the state’s economic prospects, we’re optimistic about the continued growth of
the SBA 504 loan program, and we’re optimistic about Nevada’s future.

Interest rates in the 504 program are at or near all-time lows,
creating tremendous opportunities for business owners throughout the state who
are looking to secure a brighter future for themselves, their businesses and
their families. ...

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SBA Unveils New 25-Year Debenture

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Longer Maturity option offers more flexibility to meet borrowers’ needs while maintaining fixed, below-market interest rate.

Nevada State Development Corporation, the state’s largest SBA 504 loan provider, is excited to announce that SBA now has a new 25-year 504 loan option to better meet the needs of some small business borrowers.

The new 25-year loan program, which complements the existing 10- and 20-year options, is designed to make it easier than ever for borrowers to reach their goals. All three terms available ...

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ROGER KADZ TO RETIRE MARCH 31

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ROGER KADZ, Vice President/Business Development Officer With Nevada State Development Corporation, TO RETIRE MARCH 31

Financial industry veteran’s illustrious career spanned five decades

Roger Kadz, who earned an extraordinary reputation for his passion, expertise and professionalism in the banking and commercial real estate field, will retire as vice president and business development officer with Nevada State Development Corporation on March 31.

Kadz’s retirement brings to a close an exceptional career that covered five decades, countless happy clients and unparalleled proficiency in the U.S. ...

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SBA Debt Refinancing Update

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Administrator Maria Contreras-Sweet announced that the SBA Debt Refinancing regulations have been signed and is “on its way to the Federal Register as we speak.” The loan product will be available for CDCs by June. 

Discussions and details surrounding the soon-to-be released debt refinancing regulations will be featured this week at the NADCO Spring Summit with ...

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President’s Message

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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 ...

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