Other Useful Resources Finanical Assistance Programs
Nevada Industrial Development Revenue Bond Program (IDRB) Nevada Department of Business & Industry Office of Business Finance & Planning 788 Fairview Lane Carson City, NV 89701 Phone: (775) 688-1790 Fax: (775) 688-1791 The IDRB is a special type of loan to qualified manufacturers who are buying land, building new facilities (or refurbishing existing buildings) and purchasing new equipment. While the bonds are issued through a political body, they are funded from private sources of capital. Private investors buy the bonds to earn tax-exempt interest. Neither the loan nor the bond is backed by the moral or general obligation of the state.
Nevada Micro Enterprise Initiative (NMI) Micro Enterprise Loan Fund 116 E. 7th Street, Suite 3 Carson City, NV 89701 Phone: (775) 841-1420 Fax: (775) 841-2221
1600 E. Desert Inn, Suite 209 Las Vegas, NV 89109 Phone: (702) 734-3555 Fax: (702) 734-3530
The Micro Enterprise Loan Fund is administered by Nevada Micro Enterprise Initiative. NMI's mission is to enhance the economic self-sufficiency of women and men by developing their entrepreneurial skills through training and technical assistance and access to credit. Start-up businesses are eligible for loan amounts of $100 to $7,500 - while existing businesses are eligible for up to $25,000.
Rural Nevada Development Corporation 1320 East Aultman Street Ely, NV 89301 Phone: (775) 289-8519 Fax: (775) 289-8214
1301 South Highway 160 NSB Building, Second Floor Pahrump, NV 89041 Phone: (775) 751-1947 Fax: (775) 751-1933
704 W. Nye Lane, Suite 201 Carson city, NV 89703 Phone: (775)883-4413 Fax: (775) 883-0494†
The Rural Nevada Development Corporation (RNDC) is a business finance and community development agency established to provide business loans, business assistance and housing rehabilitation services. RNDC is certified as a Community Development Finance Institution (CDFI). RNDC will lend to rural small businesses in need of expansion or start up financing. Funds are targeted for financing the expansion of existing, non-retail rural businesses, however, start up businesses may also be considered. RNDC also administers a USDA-Intermediary Relending Program.
U.S. Small Business Administration 300 Las Vegas Boulevard South, Suite 1100 Las Vegas, NV 89101 Phone: (702) 388-6611 Fax: (702) 388-6469
University of Nevada . Reno SBA/NEVADA SBDC/032 Ansari Business Building, Rm. 411 Reno, NV 89557 Phone: (775) 784-1717 Fax: (775) 784-4337
The 7(a) Loan Guaranty Program is one of SBA's primary programs. Small businesses secure financing on reasonable terms through normal lending channels. The program operates through private-sector lenders that provide loans that are, in turn, guaranteed by the SBA – the Agency has no funds for direct lending or grants. The Microloan Program works through intermediaries to provide small loans from as little as $100 up to $25,000. The Certified Development Company (504 Loan) Program makes long-term loans available for purchasing land, buildings, and machinery and equipment, and for building, modernizing or renovating existing facilities and sites.
US Department of Agriculture (USDA) - Rural Development 1390 South Curry Street Carson City, NV 89703 Phone: (775) 887-1222 Fax: (775) 885-0841 TDD (775) 885-0633
The USDA-Rural Development program offers guarantees for loans made to businesses and industries in communities with a population of up to 50,000. Benefits to businesses can include higher loan amounts, lower equity injection, and better interest rate and/or longer terms. |