News Archive
What the Revised SBA SOP Means for Your Next 504 Loan
The SBA's revised Standard Operating Procedure, SOP 50 10 8.1, took effect on October 1, 2026. It brings changes to underwriting, personal financial statements, guaranties and documentation for 504 Loans. Here's a quick summary of what changed and how NEDCO can help...
Can an SBA 504 Loan Provide Working Capital? Yes, Through a 504 Refinance
Most business owners think of the SBA 504 loan as a way to buy buildings and equipment, not as a source of working capital. But through the SBA 504 refinance program, eligible businesses can access the equity they’ve built in owner-occupied commercial real estate and use those funds for payroll, inventory, business lines of credit, and other ordinary operating expenses.
NEDCO Announces the NEDCO Advantage Rebate Program
The NEDCO Advantage Rebate Program gives Nebraska small businesses a $2,000 rebate on every SBA 504 loan approved on or after October 1, 2026. The rebate can be applied toward 504 loan closing costs or the third-party lender fee, and for qualifying borrowers it can...
0% SBA Guaranty Fee Is Available to Eligible Nebraska Businesses in 2027
Nebraska manufacturers, food supply chain companies, and rural businesses have a limited window to access SBA 504 financing without paying an SBA guaranty fee. From October 1, 2026 through September 30, 2027, a 0% SBA guaranty fee applies to qualifying 504 loans,...
Faster Approvals, Streamlined Closings: NEDCO Earns SBA Accredited Lender Program Status
NEDCO has been approved by the U.S. Small Business Administration for participation in the 504 Accredited Lender Program (ALP), a distinction held by only about a third of Certified Development Companies nationwide. The designation reflects NEDCO's staff experience,...
SBA 504 Debt Refinance: A Smarter Way to Manage Business Debt
SBA 504 Debt Refinance allows eligible owner-occupied businesses to refinance existing debt into a long-term, fixed-rate loan. It can free up cash flow, help businesses avoid the uncertainty of a rate reset, and in many cases unlock additional working capital for...
NEDCO’s 504 Lending Program Is Fueling Growth Across Rural Nebraska
This year, NEDCO's 504 lending program helped rural Nebraska businesses retain 527 jobs and create 567 new ones, backed by $94,615,000 in funded dollars across 138 loans. From the Panhandle to the Missouri River, that investment is reaching communities well beyond...
NEDCO SBA 504 Equipment Financing In Action
NEDCO recently spotlighted a standout example of how SBA 504 equipment financing helps Nebraska manufacturers grow. The July update highlights a repeat borrower, a small manufacturer in a rural Nebraska community, who completed a nearly $2 million project using the...
SBA Financing Just Got Better: Eligible Borrowers Can Now Access Up to $10 Million
Small businesses looking to grow have a major new advantage starting this summer. A significant change to SBA loan rules takes effect July 4th, 2026 — and if you rely on SBA financing, this is worth paying attention to. What Changed: SBA 7(a) and 504 Loan Limits Are...
The SBA Is Offering Powerful Incentives Right Now for Small Manufacturers
If you work with or operate a manufacturing business classified under NAICS 31 through 33, the SBA 504 loan program is currently one of the most cost effective options available for long term, fixed rate financing. Limited time incentives are making it even more attractive for manufacturers planning a purchase, expansion, or equipment investment.