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Millions Available for Business Refinance

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Photo Credit:  NSDC.com

Photo Credit: NSDC.com

TrevorS

Reporting Trevor Smith

(Las Vegas, NV) –Nevada State Development Corporation (NSDC) assists business owners in buying, building, and improving commercial buildings with a minimum investment. And they have money to help right away.

The mission is to facilitate the growth of small businesses and to stimulate economic development by providing lending solutions and advocacy services.

If a business has an annual net income of $5 million or less and a net worth of $15 million or less, they qualify.

And according to President Debra Alexandre, the eligible businesses run a wide range. “We’ve done restaurants,  we’ve done retail, we’ve done some mini-storage facilities, we did a printing company. It really ranges across the board.”

In 2011, only $270 million dollars of a an available $7.5 billion was used. The deadline to get a loan approved is Sept. 27th.

To find out more about the refiance program go to
http://bit.ly/Pfpouh
.

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