Nevada State Development Corp.

Helping Small Businesses Grow Since 1981

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


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Why Do Business Owners and Banks Choose NSDC?

With Our SBA Business Loan Options Everybody Wins!

Business owners keep more working capital in the business due to the favorable loan terms, down payment, and interest rate. Sellers get funds faster because of SBA’s faster approval time. Brokers earn commissions quickly and close loans that might not have qualified for conventional financing. Banks get a 50% LTV first lien on the building, typically resulting in a lower interest rate to the borrower. Neighborhoods benefit from increased economic development and additional jobs. Taxpayers are not affected as no tax dollars are used to fund the 504 Loan Program.

Easy Prequalification and Fast Approvals

We can prequalify applicants, saving everyone time in determining which properties might be most appropriate. Our staff will work with the borrower and banker from start to finish enabling most loans to close within 45 days.

Low down payment (usually 10%) and Low, Fixed Interest Rates

Small business owners receive up to 90% financing, allowing them to conserve valuable working capital. Start-up businesses and special purpose properties require an additional down payment.

Experienced staff and Excellent customer service

Personal attention from start to finish. We are the oldest, largest, and only statewide Certified Development Company (CDC) with Premier Certified Lender status in Nevada.

Longer Term of Repayment Means Lower Payments

A 10, 20, or 25-year repayment terms result in even payments. The bank’s loan is in first lien position and is typically amortized over a longer-term.

Ownership Equity in Real Property

Property owners can avoid the risk of ongoing lease payment increases along with possible tax advantages.

Businesses We Have Helped Just Like Yours

In Real Estate & Equipment Financiaing

Monthly Interest Rates

 May 2020

 10 Year Fixed 2.65%

 20 Year Fixed 2.68%

 25 Year Fixed 2.76%

Success Story

CASE STUDY: Full Tilt Logistics (Reno, NV)
Loan Amount: $905,000

With our help Full Tilt Logistics was able to  purchase its headquarters at 470 East Plumb Lane in Reno, Nevada. NSDC helped facilitate the transaction with a low-interest SBA 504 loan.

More SBA 504 Small Business Loan Success Stories

All Aboard Cafe & Inn II

All Aboard Cafe & Inn II

After securing small-business loan with assistance from Nevada State Development Corporation, B&B aims for year-round operation,...

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Need Answers Fast?

Contact one of our expert loan specialist to get specific answers about how your business can benefit from an SBA 504 small business loan. 

Top Questions To Consider

Why should I consider a SBA 504 Small Business Loan?

The benefits of a SBA 504 loan includes a low down payment, longer loan terms, and larger loan amounts than may be available through a conventional loan. In most cases, the borrower’s down payment will be 10% of project costs. Interest rates on the SBA 504 loan are below market rate and is fixed for the duration of the loan term (10, 20, or 25 years).

Is qualification dependent upon how long I have been in business?

There is no rule regarding the length of time in business. However, start-up businesses are subject to a higher level of scrutiny. Additional owner equity may be required.

How much can I borrow?

There is no limit on the bank portion of the loan. The SBA portion has recently been increased to the following amounts: up to $5 million for regular loans and up to $5.5 million for Manufacturers and certain energy-related projects.

Upcoming NSDC Workshops & Events




Community Lending Clinic

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How to expand your business with a SBA 504 Loan? 

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Helping Small Businesses Grow
Since 1981

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