As another fiscal year has come to a close, all of us at NSDC are looking forward to FY 2013 with anticipation and optimism.
I would first like to take this opportunity to thank our partners in the banking and real estate industries as well as our friends at the U.S. Small Business Administration for their support and belief in NSDC and the SBA 504 Loan Program. This program is truly a partnership that works! Next, and equally as important, I would like to offer my sincere appreciation and gratitude to the wonderful staff at NSDC. Your hard work and dedication to our mission of assisting small business owners to realize their dreams and create jobs is a constant source of inspiration and pride to me! Last, but by no means least, I thank our small business borrowers for your allowing NSDC to participate in the growth and success of your businesses. We are honored by your faith in us!
NSDC, like many Nevada small businesses, has faced many challenges over the past several years. I am pleased to report that we have “weathered the storm” and we are looking forward to brighter days ahead for us and for our small business clients. NSDC facilitated approval of 75 SBA 504 loans, totaling $45 million, in FY 2012, our highest number and dollar amount since 2007! In cooperation with our lending partners, the total projects approved totaled over $122 million, creating 514 and retaining 895 jobs!
In addition to processing, closing and servicing loans, our staff has demonstrated a commitment to the communities we serve by spending countless hours volunteering in charitable activities and by speaking and manning exhibit booths at numerous industry and civic events. Our motto is “NSDC Believes in Nevada” and our goal is to demonstrate that commitment each and every day in our work and our actions.
With gratitude and looking forward to a successful 2013 for all of us,
Debra D. Alexandre