Several SBA Loan Requirements Eliminated

The U.S. Small Business Administration made significant changes in qualification for SBA 504 loans. The changes include elimination of “the personal resource test” and “the nine-month rule”. These modifications mean businesses will have an easier time qualifying for SBA loans, according to a recent statement by TMC Financing. “By eliminating the nine-month rule for expenditures, businesses that have… [More...]

New Regulations for SBA 504 Loans Make it Easier for Nevada Business Owners to Qualify

This week the U.S. Small Business Administration made effective two major changes for qualification of SBA 504 loans.

Las Vegas – This week the U.S. Small Business Administration made effective two major changes for qualification of SBA 504 loans. The changes will make it easier for businesses to qualify for SBA loans and encourage business growth and job creation. Effective April 21, the SBA has eliminated several requirements for its 504 business loan program. The… [More...]

April 2014: Around the State

Read business news from around Nevada for April 2014.

Nevada Leads the Way in Clean Energy According to a report from the Clean Energy Project, since 2010 Nevada has invested at least $5.5 billion in clean energy projects. The state ranks sixth in the United States in installed solar capacity and will host four major trade conferences for the clean energy sector this year. The… [More...]

Nevada State Bank hosts April 2 Insights webinar on unique ways to use SBA lending

Nevada State Bank is hosting a free webinar, “Insights: Unique Ways to Use SBA Lending,” on Wednesday, April 2, at 9 a.m. Pacific Time.

LAS VEGAS – Small business owners looking for financing may think a conventional loan is their only choice. However, there are other options to consider. With this in mind, Nevada State Bank is hosting a free webinar, “Insights: Unique Ways to Use SBA Lending,” on Wednesday, April 2, at 9 a.m. Pacific Time. Nevada State Bank has… [More...]