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NADCO Training Breaks Records | NADCO NewsBriefs | 9 Oct. 2015

Friday, October 9, 2015   (0 Comments)
Posted by: Heather McNelis
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Over 500 Attendees Registered for the 2015 Annual Meeting in New Orleans
NADCO Events | 6 Oct. 2015
With over a month until the 2015 Annual Meeting in New Orleans, NADCO has already reached upward of 500 attendee registrations and sold out the conference hotel for three nights. Not yet registered? Find out more information about the 2015 Annual Meeting.

Reminder: At Large Presentation of Candidates on Tuesday 10/13 at 2:00 p.m. ET
NADCO Webinars | To take place 13 Oct. 2015
NADCO will host a candidate forum for NADCO At-Large Board of Directors candidates this upcoming Tuesday at 2:00 p.m. ET. Find the webinar login details here.

SBA Announces Award of SBA's 504 Fiscal and Selling Agent Contract
DCF LLC | 30 Sept. 2015
SBA announced the award of SBA’s 504 Fiscal and Selling Agent contract to Eagle Compliance, LLC (Eagle). This contract provides services and administrative support to SBA and CDCs related to the sale of SBA 504 Debentures and Debenture Pool Certificates. These services are currently provided to CDCs by Development Company Finance, LLC (DCF LLC) and Fiscal Agent, Frank Keane.

Frank Keane, President & CEO of Eagle, remains as the lead Fiscal and Selling Agent on the contract. DCF LLC will serve as a subcontractor to Eagle to provide administrative support. The two entities are currently working closely together in order to transition full responsibility for the SBA 504 Debenture funding to Eagle in November. We encourage you to explore Eagle Compliance, LLC’s website to learn more about them and familiarize yourself, as all 504 debenture funding, pricing, and rate information will be posted there upon transition. Click here to view.

Most importantly, SBA has also posted the updated version of SBA Form 1528 (09/2015) in fill-able format to its website. The updated Form 1528 names Eagle Compliance LLC (“Eagle 504”) as the CDC’s Selling Agent. Effective immediately, CDCs should use only the 09/2015 version of SBA Form 1528. All debenture funding applications that are submitted to meet the CSA Cut-off Date of October 22, 2015 for the November 2015 sale must contain this amended form.
Click here to view form.

Dental Industry Publication Touts SBA 504 Loan
Dentistry IQ | 1 Oct. 2015
To view the full article, click here.

Reminder: NADCO 2015-16 Dues Invoices Sent Oct. 1, 2015
NADCO | 6 Oct. 2015
Please ensure that your CDC is up-to-date on dues payments. If you have any questions in regards to your dues invoice, please reach out to NADCO at news@nadco.org or by calling (202) 349-0070.

Current Job Board Openings:
Chief Lending Officer, San Antonio, Texas 

Chief Financial Officer, Brunswick, Georgia



Community Advantage Borrower Stories Requested
NADCO Congressional | 6 Oct. 2015
Please send any compelling Community Advantage borrower stories to NADCO at your earliest convenience to aid in our congressional outreach efforts. Email stories to Claire O'Rourke, VP of Government Relations at corourke@nadco.org.

Support for CREED Act and Debt Refinancing Grows, Check Out the Progress!
NADCO Congressional | 22 Sept. 2015
Check out recent updates and additions to NADCO's CREED Act page, such as NEW outside endorsements and the most recent cosponsors of the bill, which would reinstate SBA 504 debt refinancing. View NADCO's CREED Act webpage.


Business Finance Group Recognized for Philanthropy on NBC 12
NBC 12 | 6 Oct. 2015
You already knew that CDCs exist to improve the local community, but you may not have heard this spin on philanthropy: Business Finance Group recently received recognition for work with local hospitals knitting hats for premies: View the clip here.

Jersey City Launches New Loan Program Managed by The 504 Company
Amsterdam News | 1 Oct. 2015
Jersey City, N.J., Mayor Steven Fulop announced the launch of a new loan program aimed at securing financing for local businesses, which will be managed by The 504 Company. The $10 million loan fund will assist newer small businesses that have difficulty securing capital from traditional lenders. View the article online.


Record Course Registrations Received for NADCO U's Fall Training
NADCO University | 6 Oct. 15
Over 300 course registrations are confirmed for the first ever at in-person training event hosted by NADCO University. The 2015 Fall Training will begin immediately after the 2015 Annual Meeting in New Orleans on Nov. 13 with courses continuing until Nov. 19. Until now, no other training event in NADCO's recent history has exceeded 200 registrants. View more details here.

Module 3 of Online Liquidation, Expenses, Payments & Reports, Released!
NADCO University Online | 6 Oct. 15
TODAY, NADCO released the third module of the online advanced liquidation series. The remaining six modules will be on hold for the foreseeable future depending on demand: View online training catalog.







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1/1/2016 » 12/31/2016
NADCO Credit Risk Institute I: Introduction to Financial Statements

1/1/2016 » 12/31/2016
NADCO Liquidation Suite: Module 1 - The Liquidation Decision

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