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...]

TMC Financing, Las Vegas’ Leading SBA 504 Commercial Lender, Celebrates Five Years in the Region

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Successful Public-Private Partnership Responsible for Creating and Retaining 2,239 Jobs in Nevada LAS VEGAS (October 15, 2012)–TMC Financing (www.tmcfinancing.com), a leading Certified Development Company (CDC) providing U.S. Small Business Administration (SBA) 504 commercial real estate financing in California and Nevada, today celebrates five years of helping Las Vegas businesses that want to purchase and enhance… [More...]

Nevada’s Diverse Businesses: Minority-Owned Companies Thrive in the Silver State

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The year is 2012 and it feels strange and a little uncomfortable to be considering minority-owned businesses. Twelve years into the 21st century, it seems there should no longer be a designation for minority-owned business – business should be business and everyone should be working together through the slowly recovering economy. Which is pretty much… [More...]