NEDCO Tops SBA Loan Volume in FY2019

Nebraska Economic Development Corporation (NEDCO; nedcoloans.org) provides long-term, low-rate financing for small business development through the U.S. Small Business Administration (SBA) 504 Loan Program. NEDCO is an SBA licensed Certified Development Company (CDC). NEDCO partners with banks in the area to help small-business owners expand their business.

The 2019 fiscal year has been a big year for NEDCO so far. NEDCO was the Top SBA 504 Lender in Nebraska, SBA 504 Top Lender for Rural Markets, and was in the top three in several other categories. Not much can stand in the way of NEDCO helping small businesses across Nebraska reach their full potential and positively affect the community. Just this fiscal year, NEDCO has approved 32 loans, collectively worth $27,469,000, for a variety of companies. From hotels, daycares, doctors’ offices, and laundromats, NEDCO loves to help small businesses grow. The SBA 504 Loan is able to provide funding for acquiring real estate, equipment, construction, soft costs, and other related expenses. A complete list can be found on the NEDCO website.

Curious about expanding your small business or looking for more information? Visit www.nedcoloans.org to find out more or call chief credit officer, Jason Culver, at (402) 483-4651.