Lincoln, Neb. — NEDCO, The Nebraska Economic Development Corporation, continues as one of the highest volume United States Small Business Administration (SBA) lenders in the State of Nebraska. As of July 2018, NEDCO was in the top three of all SBA lenders in the state among all SBA loan programs. Strong loan volume continues as NEDCO provided over $8.4 Million in 504 Loan Program financing throughout the state in August alone. These loans supported projects worth a total of $23.9 Million to the state of Nebraska, helping to create jobs and increase business opportunities in rural and urban areas.
For over 25 years, NEDCO continues as the largest and highest volume Certified Development company in the State of Nebraska.
NEDCO President Scott Sailors noted, “The financial institutions of Nebraska are keenly aware of the advantages of the 504 Loan Program for the businesses utilizing the program for their land, building and equipment needs. Our low interest and down payment feature combined with a fixed rate for up to 25 years provides the financing package that has proven to be a great competitive advantage.”
Nebraska Economic Development Corporation (NEDCO) provides long-term, lower-rate financing for small business development through the U.S. Small Business Administration (SBA) 504 Loan Program. NEDCO is an SBA licensed Certified Development Company (CDC). NEDCO was awarded the 2010 Certified Development Company of the Year, the SBA’s highest award, and is Nebraska’s largest and highest volume CDC. Visit NEDCO