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News & Press: NADCO News

NewsBriefs - 3 Sept 2014

Wednesday, September 3, 2014   (0 Comments)
Posted by: Heather McNelis
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SBA Administrator Maria Contreras-Sweet on 504's Future
American Banker | September 3, 2014 
​"The SBA's 504 loan program was well received by the lending community, and we have heard your appeals to push for the reauthorization of its refinancing component. I have testified before the Senate and asked to restore lenders' ability to make refinancing loans under this program..."​  View the article.

68 Days Until Liquidation & Servicing Workshop in Arkansas - Announcement
Announced August 28: NADCO's incoming CEO Barbara Vohryzek as well as Little Rock Commercial Loan Servicing Center Staff will be in attendance at NADCO's Liquidation & Servicing Workshop. The Liquidation and Servicing Workshop in Little Rock, AR takes place October 20 - 21, 2014. Click here to register. 
Shiny New Training - 2014 NADCO Fall Training in Ft. Lauderdale
With new leadership and new regulations from the Small Business Administration, our industry faces new challenges and opportunities. Credit risk standards are being tightened and policies and processes are changing for the 504 Loan Program. Fall Training takes place November 10-11, 2014. Sign up for Fall Training here. 

504 Marketing Tip: Use Videos to Grab & Keep Attention
SomerCor 504 | September 3, 2014 
In our fast-paced society, it is easy to lose our audience's attention unless we add a component of entertainment to our marketing. This can be difficult when explaining a loan program. Fortunately, SomerCor's recent video offers an exemplary example with both entertainment value and substance. View the video.  

Capital CDC Recognized at Mid-America Lenders Conference
Capital CDC Blog | September 3, 2014 
The 2014 Mid-America Lenders Conference, held in San Antonio, Texas was a huge success for Capital CDC, which participated as a conference exhibitor & was recognized as the Top 504 Volume Lender in the Lubbock (West Texas) and Houston Districts. Read more. Congratulations to Capital CDC and all award winners!

WBD Announces 2014 Awards
Release | September 3, 2014 
Wisconsin Business Development will recognize six institutions and individuals at the fourth annual Friends of Small Business Luncheon for their contributions to the local communities and businesses. View the winners.
More CDCs Get Splashed for #IceBucketChallenge & Make New Nominations!
Multiple Sources | September 3, 2014 
Have you been following your fellow CDCs, making waves as well as donations for the ALS Ice Bucket Challenge? This week nominees Jeff Boone (video) of California Statewide CDC and Steve Dusek (video) of Dakota CDC participated, nominating Mike Owen of CDCSBF, Rich Grant of TMC Financing, and Sasha Globa (also of California Statewide) as well as Prairieland EDC and Premier Capital Corp. Have you been nominated? View the bracket of nominations. 

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