News
NADCO News
New Streamlined Closing Forms
Small Business Leaders Applaud Congressional Support for Debt Refinance, March 20, 2013
House Small Business Leaders Announce Support of Debt Refinance Legislation, March 19, 2013
NADCO hires new VP Regulatory Affairs, Training & Support, March 18, 2013
NADCO NEWS RELEASE ARCHIVES
NADCO Training: The 504 Credit Update Webinar is now available for purchase, CLICK HERE.
Welcome
The National Association of Development Companies is the trade association for the nation's certified development companies.
NADCO's members are nonprofit organizations that have been certified by the U.S. Small Business Administration to provide financing to small businesses through the SBA 504 Loan Program.
A simple way to describe an SBA 504 Loan is as a mortgage for small business owners to "purchase homes" for their businesses. SBA 504 Loans allow business owners to buy, build, or renovate commercial real estate.
Financing options include:
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The purchase and/or renovation of an existing building;
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The purchase of land and construction of a new building; and
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The purchase of expensive equipment or machinery that requires long-term financing.
Similar to a residential mortgage, SBA 504 Loans are long-term (either 10 or 20 years) and the interest rate is fixed for the term of the loan. Interest rates are competive and usually lower than prime.
FACT: More than 130,000 businesses have obtained SBA 504 Loans over the past 25 years, including companies like:
Are you ready to see if an SBA Loan is right for you?
SBA 504 Central Servicing Agent Conversion Webinar
Wells Fargo - March 19, 2013
Access the Archived Webinar:
If you have a pop-up ad blocker on your computer, you must disable it before starting this webcast.
Note: The Yahoo and Google toolbars include a pop-up ad blocker.
1. Click on this link:
http://w.on24.com/r.htm?e=593720&s=1&k=15EBE7F88DAB1A32010AF1F4BA92528B
2. When prompted, complete the required information and click Register.
3. Click the Launch Presentation button. The webcast will open in Internet Explorer to enable you to view the presentation on your desktop.
Central Servicing Agent Conversion Webinar
DCF LLC -February 14, 2013
The archive will be available for 90 days from the original live event date and can be accessed using the instructions below.
Access the Archived Webinar:
If you have a pop-up ad blocker on your computer, you must disable it before starting this webcast.
Note: The Yahoo and Google toolbars include a pop-up ad blocker.
1. Click the following link: http://w.on24.com/r.htm?e=582843&s=1&k=5616BA9083AE08AEE0DDEB70E6F1F30A
2. When prompted, complete the required information and click Register.
3. Click the Launch Presentation button. The webcast will open in Internet Explorer to enable you to view the presentation on your desktop.
Please View Documents from the Webinar on February 14, 2013
News
Click HERE to read NADCO's memorandum "Correction to Coleman Report on 504 Loss Rates."
Click HERE to read NADCO's memorandum "SBA Enforcement Action Concerning EDF Resource Capital."
Important Announcement: Incoming NADCO President & CEO
November 15, 2012 - Beth Solomon named new NADCO President & CEO
It is our pleasure to announce that Beth Solomon, currently Vice President of Strategic Initiatives & Industry Relations of the International Franchise Association (IFA), has accepted the position of President & CEO of the National Association of Development Companies (NADCO), effective January 1, 2013. Click HERE to read the full announcement.
