As another year comes to a close, I am in awe of the irrepressible spirit of the small business entrepreneurs we have had the privilege to assist. Nevada’s small businesses have faced unimaginable challenges over the past several years and have emerged stronger and more determined than ever before to not only survive, but to grow! All of us at NSDC consider it an honor to help them realize their dreams.
NSDC, like many other small businesses, continues its slow recovery from the economic downturn that has required us to rethink our business model and make the changes necessary to operate in a forever changed environment. I appreciate the support and commitment of our Board of Directors in steering NSDC through the many challenges we have faced. I believe we are a stronger and better business due to the strategies we have developed to overcome those challenges and position ourselves for the future.
In FY 2013 NSDC facilitated the approval of 57 loans for $30.5 million! In cooperation with our lending partners, the total projects approved totaled over $81.8 million, creating 596 new jobs!
I would 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 faith in NSDC and their continued support of the SBA 504 loan program. We are constantly aware of the trust you place in us when you refer your clients and we work every day to assist those clients efficiently and professionally! I most sincerely appreciate the efforts of NSDC’s talented and professional staff. You inspire me daily with your creativity and dedication to our small business clients! Last, but by no means least, thank you to our small business clients for giving us the opportunity to participate in the growth and success of your businesses!
Our staff continues to be active in community and charity events because we believe that commitment to our communities is the cornerstone of our economic development mission. Our motto is “NSDC believes in Nevada” and our goal is to demonstrate that commitment each and every day in our work and our involvement in our communities.
With gratitude and wishing all of our borrowers, lending partners and friends Happy Holidays and continued success in 2014,
Debra D. Alexandre