Nevada State Development Corporation (NSDC), the state’s largest small business loan broker, is open for business, despite the federal government shutdown.
“There’s no reason to hold up your project because of the shutdown,” said Debra Alexandre, president of NSDC. “It’s business as usual; we’re still processing loans.”
Any small business loans that NSDC processes during the shutdown will go into a queue with the Small Business Administration.
“Our hope is that getting these loans into the queue with the SBA will ensure they’re right at the top of the stack when the government reopens,” said Alexandre. “We know how important these loans are to small business owners and want to ensure we do everything we can to get their projects funded as quickly as possible.”
NSDC can give small business owners a good idea of whether they qualify for a loan within 72 hours.