National Association of Development Companies - NADCO

National Association of Development Companies - NADCO We are the trade association for Certified Development Companies (CDCs), who deliver small business loans all over the nation: growing the economy and creating jobs.

The National Association of Development Companies (NADCO) is the trade association of Certified Development Companies (CDCs) - companies that have been certified by the Small Business Administration (SBA) to provide financing for small businesses under the SBA 504 Program. The SBA 504 Loan Program is SBA’s economic development financing program that helps American small businesses grow while benef

The National Association of Development Companies (NADCO) is the trade association of Certified Development Companies (CDCs) - companies that have been certified by the Small Business Administration (SBA) to provide financing for small businesses under the SBA 504 Program. The SBA 504 Loan Program is SBA’s economic development financing program that helps American small businesses grow while benef

There's Still Time! Take the NADCO Credit Risk Institute now on-demand and participate in a LIVE Q&A this Wednesday! PLU...
08/09/2021
National Association of Development Companies (NADCO)

There's Still Time! Take the NADCO Credit Risk Institute now on-demand and participate in a LIVE Q&A this Wednesday! PLUS get "Writing the CDC Credit Memo", a previously recorded webinar at a discounted price when you purchase the complete NCRI!!!

Have more questions after SBA’s Connect Call on changes to 504 debt refinance programs? Attend NADCO’s webinar today, fe...
07/30/2021
National Association of Development Companies (NADCO)

Have more questions after SBA’s Connect Call on changes to 504 debt refinance programs? Attend NADCO’s webinar today, featuring expanded case studies and Q&A.

On Thursday, July 29th SBA published the new interim final rule for 504 debt refinancing programs as authorized under section 328 of the Economic Aid Act. The interim final rule is effective immediately on July 29, 2021. New loan applications can be processed immediately.

Don't miss out on this deal! Get "Writing the CDC Credit Memo," a previously recorded webinar at a discounted price when...
07/09/2021
National Association of Development Companies (NADCO)

Don't miss out on this deal! Get "Writing the CDC Credit Memo," a previously recorded webinar at a discounted price when you purchase the complete NCRI! Users will receive a discount of $100 off the regular price with the purchase of the course. Check it out on the NADCO website.

A 504 loan helped Continental Manufacturing Chemist, Inc. expand and pivot to supplying hand sanitizer to front line wor...
06/30/2021
Continental Manufacturing Chemist, Inc - National Association of Development Companies (NADCO)

A 504 loan helped Continental Manufacturing Chemist, Inc. expand and pivot to supplying hand sanitizer to front line workers thanks to Iowa Business Growth Corp. Read the full story, and other 504 success stories on our website!

Continental Manufacturing Chemist, Inc. manufactures consumer health products like toothpaste and mouthwash, while also servicing most private labels like Proctor & Gamble. The company was founded in 1959 in Madrid, Iowa, by the current owner's father. The original production facility was added onto...

Starting the week off with a NADCO Success Story! Bay Area Development Company helped this minority borrower grow her bu...
06/21/2021
United Mechanical & Metal Fabricators, Inc. - National Association of Development Companies (NADCO)

Starting the week off with a NADCO Success Story! Bay Area Development Company helped this minority borrower grow her business with a #SBA504loan. In 2017, Gina was named Asian Minority Manufacturing Business of the Year by the Department of Commerce. Read the full story!

When Gina Wang went to work as an accountant for United Mechanical & Metal Fabricators in the early 1990s, running the business was not on her radar. The company was founded in 1982 by her father-in-law, who over the years transformed it from a food processing equipment design venture to a semicondu...

NADCO is pleased to announce our annual Credit Risk Institute course is now online and on-demand! The course is now on y...
06/16/2021
National Association of Development Companies (NADCO)

NADCO is pleased to announce our annual Credit Risk Institute course is now online and on-demand! The course is now on your time and your schedule. New and experienced CDC credit analysts will learn the tools needed to effectively analyze small business financial statements and underwrite SBA 504 loans.

PLUS get "Writing the CDC Credit Memo", a previously recorded webinar instructed by Wayne Williams and experienced CDC panelists, at a discounted price when you purchase the complete NCRI!!! Users will receive a discount of $100 off the regular price of the webinar with the purchase of the course.

LAST WEEK TO REGISTER! We hope to see you next week at General Session 1 - OFA: Policy Updates for Recovery; General Ses...
05/11/2021
2021 Spring Summit

LAST WEEK TO REGISTER! We hope to see you next week at General Session 1 - OFA: Policy Updates for Recovery; General Session 2 - Small Businesses: The Foundation of the Economic Infrastructure; General Session 3 - OCRM: Post-pandemic Risk Management and Oversight.

A Breakout Session for Everyone!Breakout Session 1Reinvigorating 504: Debt Refi, 504 Express, and Live Q&ABreakout Sessi...
05/06/2021
2021 Spring Summit

A Breakout Session for Everyone!

Breakout Session 1
Reinvigorating 504: Debt Refi, 504 Express, and Live Q&A

Breakout Session 2
Servicing Loans Through Recovery

Breakout Session 3
CDC Modernization: Updates from CSA & OPSM

Register today!

04/16/2021

Today the House passed, H.R. 1490: “504 Credit Risk Management Improvement Act of 2021,” introduced by Rep. Dan Bishop (R-NC) and Rep. Angie Craig (D-MN), original cosponsors Rep. Young Kim (R-CA) and Rep. Sharice Davids (D-KS). This legislation improves the oversight process for the 504 loan program to ensure the long-term health and longevity of the program to continue to provide access to capital for small businesses for years to come. The growth of the 504 program will be well supported with thoughtful and consistent oversight parameters. Thanks to House Small Business Committee Chairwoman Nydia Velázquez and Ranking Member Blaine Luetkemeyer for their leadership and to the sponsors and cosponsors of this necessary legislation!

Updated 2021 NADCO Spring Summit agenda! Check out our new speakers including  Patrick Kelley, new Associate Administrat...
04/16/2021
2021 Spring Summit

Updated 2021 NADCO Spring Summit agenda! Check out our new speakers including Patrick Kelley, new Associate Administrator of the U.S. Small Business Administration's Office of Capital Access. Exhibitor booth sales ends soon - April 26. Register today!

04/16/2021

Today the House passed, H.R. 1490: “504 Modernization and Small Manufacturer Enhancement Act of 2021” Introduced by Rep. Angie Craig (D-MN) and Rep. Steve Chabot (R-OH), original cosponsors Rep. Sharice Davids (D-KS) and Rep. Young Kim (R-CA). This legislation makes forward thinking changes to assist small manufacturers and bolster this sector, streamlines the 504 program closing process to get capital to small businesses more efficiently, and provides additional policy goals to help CDCs reach more businesses who are investing in workforce development and assisting the smallest of businesses to expand. This is a huge win for the 504 industry and CDCs nationwide. Thanks to House Small Business Committee Chairwoman Nydia Velázquez and Ranking Member Blaine Luetkemeyer for their leadership and to the sponsors and cosponsors of this impactful legislation!

Early Bird Rates End Tomorrow, March 31! Don't Miss Out. Keynote Speaker Rep. Blaine Luetkemeyer Confirmed.  Hear from h...
03/30/2021
2021 Spring Summit

Early Bird Rates End Tomorrow, March 31! Don't Miss Out. Keynote Speaker Rep. Blaine Luetkemeyer Confirmed. Hear from him and other amazing industry professionals at this years virtual Spring Summit. Register now and lock in those early bird rates!

Last Call to Register for Thursday's Live Webinar! Registration Closes Wednesday at 5pm ET. Writing the CDC Credit Memo ...
03/29/2021
National Association of Development Companies (NADCO)

Last Call to Register for Thursday's Live Webinar! Registration Closes Wednesday at 5pm ET. Writing the CDC Credit Memo is designed to build CDC awareness and understanding of writing a complete CDC credit memo. Don't miss out, register today!

NADCO 2020 Virtual Spring Summit early bird rates end Wed. March 31. Don't miss sessions including: SLPC: A Conversation...
03/26/2021
2021 Spring Summit

NADCO 2020 Virtual Spring Summit early bird rates end Wed. March 31. Don't miss sessions including: SLPC: A Conversation to Promote 504 Success, OCRM: Post-pandemic Risk Management and Oversight and more. Register today!

03/18/2021
National Association of Development Companies (NADCO)

Navigate the Challenges of Recovery at the NADCO Spring Summit. You will have access to the most relevant info for your CDC to process, close, and service loans; best practices for aiding your borrowers; modernization tools to assist your team; and more.

03/16/2021

Isabel Guzman Confirmed as 26th SBA Administrator! NADCO congratulates Administrator Guzman on her new position as head of the Small Business Administration.

Reserve your spot now! NADCO Webinar: Writing the CDC Credit Memo. Getting loans approved on the first submission withou...
03/15/2021
National Association of Development Companies (NADCO)

Reserve your spot now! NADCO Webinar: Writing the CDC Credit Memo. Getting loans approved on the first submission without a screen-out is more critical than ever. Our speakers will go through the CDC credit memo and provide insights to assist you.

The House Committee on Small Business held a hybrid hearing titled, “The Next Steps for the Paycheck Protection Program,...
03/15/2021
NADCO Channel - YouTube

The House Committee on Small Business held a hybrid hearing titled, “The Next Steps for the Paycheck Protection Program,” on Wednesday, March 10 at 10:00 am EST.

NADCO board member Hilda Kennedy, Founder and President of AmPac Tri-State CDC, testified at the hearing on behalf of NADCO. She discussed the impact of Schedule C changes for PPP loans and the Section 1112 payments. You can check out her testimony on NADCO's YouTube channel!

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NADCO is excited to launch our 504 Loan Closing Course – online and on demand. This updated and expanded course is appro...
03/09/2021
National Association of Development Companies (NADCO)

NADCO is excited to launch our 504 Loan Closing Course – online and on demand. This updated and expanded course is approved by SBA and provides invaluable training for anyone involved in closing SBA 504 loans, including CDC staff and legal professionals. Register Now!

New NADCO Live Webinar: Writing the CDC Credit Memo Thursday April 1. This webinar will feature: Importance of good cred...
03/05/2021
National Association of Development Companies (NADCO)

New NADCO Live Webinar: Writing the CDC Credit Memo Thursday April 1. This webinar will feature: Importance of good credit underwriting, first pass approval rates, reducing screen-outs, and more. Don't miss this Wayne Williams and 3 guest presenters! Register today!

Registration now open for NADCO 2021 Virtual Spring Summit May 18 & 19. Don’t miss all the fantastic new information! Ch...
02/24/2021
2021 Spring Summit

Registration now open for NADCO 2021 Virtual Spring Summit May 18 & 19. Don’t miss all the fantastic new information! Check out our website for more info about the conference and exhibitor/sponsorship opportunities. We hope to "see" everyone there.

Keep sending in your stories for the NADCO 50 state one-pagers! We still need stories for: AL, AZ, CO, CT, DE, DC, HI, M...
02/17/2021
NADCO 50 States One-Pager Project Home

Keep sending in your stories for the NADCO 50 state one-pagers! We still need stories for: AL, AZ, CO, CT, DE, DC, HI, ME, MD, MT, NE, NH, NM, NC, PR, RI, SC, VT, VA, WV, WI, WY. Submit a story now and make sure your state is represented!

Check out this NADCO success story! Read about how a #SBA504loan from NEVADA STATE DEVELOPMENT CORPORATION helped this w...
02/12/2021
National Association of Development Companies (NADCO)

Check out this NADCO success story! Read about how a #SBA504loan from NEVADA STATE DEVELOPMENT CORPORATION helped this women owned business purchase real estate during the COVID-19 pandemic.

After establishing a therapy practice in Reno in 2010, Alecia Towell has purchased a property at 360 W. Liberty Street in Reno to serve as the practice’s headquarters with the help from Nevada State Development Corporation assisted with financing for the $420,000 transaction in conjunction with H...

Join us for a NADCO U Live Webinar: Affiliation Principles – SBA Business Loan Programs Tuesday, February 23, 2021 2:00 ...
02/11/2021
National Association of Development Companies (NADCO)

Join us for a NADCO U Live Webinar: Affiliation Principles – SBA Business Loan Programs Tuesday, February 23, 2021 2:00 – 3:30 pm EST. This webinar will go over Affiliation “Hot Button” Issues, Why are we concerned about affiliation? Case studies and more!

NADCO needs your help for the 2021 50 State One Pagers! Don't leave your state blank! We still need stories for the foll...
02/08/2021
NADCO 50 States One-Pager Project Home

NADCO needs your help for the 2021 50 State One Pagers! Don't leave your state blank! We still need stories for the following states: AK, AL, AZ, CO, CT, DE, DC, GA, HI, KY, ME, MD, MI, MS, MT, NE, NH, NM, NC, PA, PR, RI, SC, SD, UT, VT, VA, WV, WI, WY.

NADCO Needs Your Help!! Keep submitting 504 success stories for your state to help make the NADCO 50 state one pages a h...
02/04/2021
NADCO 50 States One-Pager Project Home

NADCO Needs Your Help!! Keep submitting 504 success stories for your state to help make the NADCO 50 state one pages a huge success this spring!

The NADCO 50 State One Pagers 2021 edition will launch at the NADCO Spring Summit, just a few months away! We need your ...
01/26/2021
NADCO 50 States One-Pager Project Home

The NADCO 50 State One Pagers 2021 edition will launch at the NADCO Spring Summit, just a few months away! We need your help. Keep submitting your success stories to be featured in the 2021 edition.

Another NADCO Member Success Story! CDC Small Business Finance helped Advantage Mailing in CA grow their Anaheim headqua...
01/11/2021
Advantage Mailing - National Association of Development Companies (NADCO)

Another NADCO Member Success Story! CDC Small Business Finance helped Advantage Mailing in CA grow their Anaheim headquarters allowing them to create/preserve 110 jobs! Check out the full story!

Driven by cultural heritage, success, and entrepreneurial spirit, Tom Ling founded one of the largest and successful printing, mailing, and multi-channel marketing companies in the country. With the help of a second SBA 504 loan, Tom Ling has expanded his growing business and created/preserved 110 j...

Don't forget to submit a success story for the NADCO 50 state one pagers! The new collection will launch at the 2021 Spr...
01/11/2021
NADCO 50 States One-Pager Project Home

Don't forget to submit a success story for the NADCO 50 state one pagers! The new collection will launch at the 2021 Spring Summit! For more information check out our website: e

Submit Your Success Stories Today! NADCO is updating all of the 50 State One-Pagers for a brand new 2021 50 States Colle...
01/06/2021
NADCO 50 States One-Pager Project Home

Submit Your Success Stories Today! NADCO is updating all of the 50 State One-Pagers for a brand new 2021 50 States Collection. We will be collecting stories through Wednesday, 3/31/2021, and launching the collection at NADCO's 2021 Virtual Spring Summit.

Nova Tile & Stone purchased company headquarters after 15 years thanks to a #SBA504loan and NEVADA STATE DEVELOPMENT COR...
01/05/2021
Nova Tile & Stone - National Association of Development Companies (NADCO)

Nova Tile & Stone purchased company headquarters after 15 years thanks to a #SBA504loan and NEVADA STATE DEVELOPMENT CORPORATION. Check out the full story here!

Richard Hartman established Nova Tile & Stone Nevada along with three family members in 2005 — his wife Diane Hartman, their son Todd Hartman and Todd’s wife Aimee Hartman. After serving more than 25 years with the South Lake Tahoe Police Department, Richard decided to try something new.

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Join CDC Small Business Finance's Senior Vice President for Commercial Real Estate Lending LaKisha Grant at National Association of Development Companies - NADCO's conference this week, and learn about how technology solutions like e-signatures are helping CDCs streamline processes for their borrowers and partners. 11/3 at 2:30pm EDT https://www.nadco.org/mpage/AMV2021_Agenda#Wednesday
The EDC has promoted Jeremy Fettig to the role of Senior VP of Finance. Fettig is a commercial lending veteran with nearly 20 years of industry experience. In this role, he will oversee all aspects of the EDC's #SBA504 lending program. Congrats! National Association of Development Companies - NADCO http://ow.ly/myuU50G6nr2
This morning, I along with my House Committee on Small Business colleagues held a hearing to examine how the U.S. Small Business Administration can support small businesses impacted by climate change. Watch my questioning of the National Association of Development Companies - NADCO below:
It's said that Wanda Sykes loves their restaurants. We do too! Congrats to borrower Win Signature Restaurant Group, honored by National Association of Development Companies - NADCO for success at Azie in Media, Teikoku Restaurant, Azie on Main Restaurant, Mikado Thai Pepper and The Blue Elephant. https://seedcopa.com/2021/07/win-signature-restaurant-group-honored/
Special congratulations to Monterrey Market owners Robert and Leonor Montemayor for being chosen as the National Association of Development Companies - NADCO featured Wisconsin 2021 small business success story! WBD Inc. would like to thank the Montemayors for using the U.S. Small Business Administration 504 loan for their business expansion plans. Also thanks to WBD Relationship Manager Katie Bowman for putting together the story for NADCO. https://cdn.ymaws.com/www.nadco.org/resource/resmgr/50_states_1/50_states_2021/WI_2021.pdf
Congratulations to LaKisha Gant, SVP, Commercial Real Estate Lending who is joining National Association of Development Companies - NADCO's Board as the new At-Large Director. LaKisha is honored and looks forward to being a voice to help small business. LaKisha was recently featured in our Meet the Team blog, learn more about her here: bit.ly/meet-the-team-lakisha-gant-fb.
UPDATE: Download the latest Covid Stimulus Relief Bill Cheat Sheet. See page 2 for the newest details from National Association of Development Companies - NADCO on the section 1112 payments and eligibility criteria: bit.ly/covid-relief-bill-cheat-sheet-fb.
Hello Everyone! My name is Sam from Common Waste Dumpster Rentals, We service all of Metro D.C. from Northern VA to Baltimore. Please view our LOW, COMPETITIVE, excellent pricing below – We would love to form a relationship with your business. Please see below for pricing and contact information: 10 Yard Roll Off: $310 15 Yard Roll Off: $329 20 Yard Roll Off: $349 30 Yard Roll Off: $389 Sam Zack District Manager Common Waste Serving Metro D.C. to Baltimore P: 703-828-5089 E: [email protected]
QUESTION: Can #SBA504Loan borrowers apply for both Economic Injury Disaster Loans (EIDL) and the Paycheck Protection Program (PPP) and still receive the CARES Act six-month payment subsidy? ANSWER: Yes, borrowers can apply for EIDL grants as well as PPP loans, but the use of funds cannot be for same purpose. If a borrower receives the six-month payment subsidy, they may not claim the interest and fees funded by SBA as an eligible cost under PPP or EIDL grants. For more information, or to apply, visit the link below. U.S. Small Business Administration National Association of Development Companies - NADCO #relief
We don’t just offer financing for small business owners. We support their success and growth by taking on leadership roles in industry groups like naggl, Opportunity Finance Network and National Association of Development Companies - NADCO that advocate for, educate & guide lenders. This has been a priority for us since the beginning. Here’s why: bit.ly/influence-for-good-fb. #smallbusiness #advocacy
Whew! Finally coming up for air after a crazy October… We were honored to participate in several great opportunities to connect - Annual Women’s Business Summit, EDND Fall Conference, Main Street Summit and NADCO Fall Conference - and on top of all that, had a bang up month with $7.5 Million in SBA 504 loans approved! An exciting month for the Dakota Business Lending team! #WBS19 #MainStreetND #NADCOAnnualMeeting2019 North Dakota Women's Business Center Economic Development Association of North Dakota National Association of Development Companies - NADCO
Congratulations to the newly elected Chair of National Association of Development Companies - NADCO, our very own Catherine Riddle. Catherine is honored to help lead NADCO’s mission to promote, enhance and educate the industry of U.S. Small Business Administration (SBA) Certified Development Companies. #MakingADifference #SBA