Banking In Nevada: Beginning to Flourish

Today’s banking industry in Nevada looks different from the industry five ago.

This year, Las Vegas-based Ear Nose & Throat Consultants of Nevada obtained financing from City National Bank for ground-up construction of a 13,000-square-foot surgery center. This is one of many Silver State businesses contributing to increased demand for banking services. “Businesses cannot ignore the need for growth now,” said John Wilcox, the Nevada regional … [Read more...]

It’s an Investment: Commercial Financing in Nevada

Investing in commercial real estate requires a number of considerations. In addition to location, location, location, another consideration is financing.

The construction industry continues to be the barometer for the severity of Nevada’s economic plight, but commercial real estate in particular is making enough improvement to spark interest from investors and private parties looking to benefit from the historically low interest rates. This means banks and other real estate lenders are revving up business again. Economic … [Read more...]

Nevada State Bank expands its mortgage service team to meet market demand

Nevada State Bank is proud to announce the winners of its “Beautiful Nevada” Essay Contest for public school students throughout the state.

LAS VEGAS – While other financial institutions are cutting back or eliminating their mortgage services, Nevada State Bank is gearing up. Over the past several years, home refinancing due to low interest rates and special government programs like the Home Affordable Refinance Program (HARP) fueled a huge boom in the mortgage market. At the same time, inventory levels fell to … [Read more...]

TMC Financing Provides $4.69 Million SBA 504 Loan To Reliable Auto Sales

TMC Financing worked with Zions First National Bank to finance a $4.69 million project for Reliable Auto Sales.

TMC Financing, Clark County’s largest provider of SBA 504 loans, worked with Zions First National Bank to finance a $4.69 million project for Reliable Auto Sales in Las Vegas. Ann Santiago served as TMC’s business development officer for the transaction. The financing package was used to purchase three parcels with four existing buildings comprising 72,850 square feet on … [Read more...]