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Big Honors for Empire State CDC, Comps & Benefits News, and more | 16 Jan. 2015 | NADCO NewsBriefs

Friday, January 16, 2015   (0 Comments)
Posted by: Heather McNelis
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Empire State CDC Named Top Community Advantage Lender for FY 2014
SBA Syracuse District Office Media Advisory | 14 Jan. 2015
Wednesday at 11 a.m., SBA Syracuse District Director Bernard J. Paprocki presented the Fiscal Year 2014 Community Advantage Lender Award to Patrick MacKrell, President and CEO of Empire State CDC. Empire State's team approved 67 Community Advantage loans to startup and existing small businesses worth over $8.6 million dollars. Congratulations to Empire State! 

NADCO Compensation and Benefits Survey Sent to CDC Executives
Industry Insights | 13 Jan. 2015 
CDC Executives: The NADCO Compensation & Benefit Survey was distributed Tuesday (1/13) from Greg Manns at Industry Insights, Inc. This email was sent to NADCO main contacts for each CDC. If you received this email and it was not intended for you, please be sure that you forward it along to your CDC executive director or president. If you are a CDC executive and did not receive the survey, click here to take it: Compensation & Benefits Survey

SBA Hosting CDC Bylaw Webinar 22 Jan from 1 to 2:30 p.m.
SBA Webinars | 14 Jan. 2015 
On Thursday, January 22, 2015, SBA OFA will host a webinar to train CDCs on the changes in bylaw requirements resulting from the Final Rule. The following presenters will participate: Linda Reilly, Chief, 504 Program, OFA | Warren Boyd, Financial Analyst | Bob Carpenter, Financial Analyst | Rick Gondelman, OGC | Bynum Rudisill, North Carolina District Counsel. Email any general questions on the topic in advance of the webinar to Click for details.

Don't Miss: Credit Risk Institute Offered at Spring Training (8-11 March)
NADCO Training | 14 Jan. 2015
The intensive NADCO Credit Risk Institute gives new and experienced CDC credit analysts the tools needed to analyze small business financial statements and underwrite SBA 504 loans. These principles are reinforced with applicable case studies. CDC analysts will receive the NADCO Credit Risk Institute Certification upon completion of the three prerequisite webinars and this in-person training. See course description.

DID YOU KNOW? NADCO has a general inbox for all of your inquiries!
NADCO has a general contact area that forwards your question to the appropriate staff member. Access it here.

Op Ed: "Steve Chabot good for small business" by David Main, 13 Jan. 2015
David Main, President of HCDC Inc., was recently published in an op-ed for the Cincinnati Enquirer praising Congressman Steve Chabot, who will be the next chair of the U.S. House's Small Business Committee. View full op-ed.

Hilida Kennedy Recognized for African American Credit Summit Involvement
SBA Daily | 8 Jan. 2014
AmPac TriState President, Hilda Kennedy, was recently recognized in the SBA Daily for her involvement in the African American Credit Summit. The event launched a two-year effort to improve lending to African American business owners. Congratulations, Hilda! 

Bay Colony Dev. Corp. Borrower Recognized for Massachusetts State House Cake
The Enterprise | 7 Jan. 2015
BCDC borrower, Montilio's, receives recognition for 480-pound 3-D replica of the Massachusetts State House. The company has a history of baking for high-profile events. Montilio's employs 65 people and anticipates adding three more jobs as a result of its recent 504 project. View article online.

Small Business Assistance Corporation Has Been Busy Highlighting Borrowers!
SBAC & Savannah Now | 14 Jan. 2015
Congratulations to the SBAC team on their recent marketing efforts and successes! View some examples of the exemplary work here: View PSA | View Savannah Morning News's coverage of chocolatier, manufacturing firm | See SBAC's Coverage of Renee's Kids World 

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