Plumas Bank, a wholly-owned subsidiary of Plumas Bancorp, is increasing its staff capacity to provide Small Business Administration (SBA) loans in 2025 and beyond. As a preferred SBA Lender, Plumas Bank has built an SBA program that has helped hundreds of entrepreneurs across seven western states access capital for business acquisitions, expansions, equipment and real … [Read more...] about Plumas Bank Forecasts Increased SBA Loan Activity Throughout 2025 and Beyond
Small Business Administration
Undercover Productions receives SBA’s Legacy Small Business of the Year AwardAward honors long-standing businesses contributing to the local economy.
LAS VEGAS - Las Vegas-based Undercover Productions recently received the U.S. Small Business Administration (SBA) Legacy Small Business of the Year Award from its Nevada district office. The Southern Nevada business will be recognized at the Small Business Awards Luncheon on May 9, 11:30 a.m. to 2:30 p.m. at IPEC Las Vegas, 6590 Bermuda Road. The event takes place during Small … [Read more...] about Undercover Productions receives SBA’s Legacy Small Business of the Year Award
Clark County Credit Union Helps Small Businesses with SBA 504 Loans
[LAS VEGAS, Nev.] – November 12, 2024 – Clark County Credit Union (CCCU) is proud to announce it is one of Nevada's top financial institutions for Small Business Administration (SBA) 504 loans, completing seven loans totaling $4.79 million in 2024. This accomplishment positions CCCU as the leading credit union in the state for SBA 504 loan volume and secures a top three spot … [Read more...] about Clark County Credit Union Helps Small Businesses with SBA 504 Loans
TMC Financing Ranked as Nevada’s No. 1 SBA 504 Lender
Securing $134 Million for Nevada Small Businesses, a 22% Increase for FY24 TMC Financing continues to solidify its position as Nevada’s top SBA 504 lender in total dollars approved, facilitating $134 million in total project financing during fiscal year 2024. These results indicate a 22% increase over the previous year, supporting 36 Nevada small businesses in their efforts … [Read more...] about TMC Financing Ranked as Nevada’s No. 1 SBA 504 Lender
Nevada Small Business Development Center at UNLV to Offer Free ‘Construction 1.0’ & ‘Construction 2.0’ Workshops
The two, six-week courses are designed to assist future and current contractors with the Nevada State Contractors Board licensing application, other construction topics RENO, NEV. – The Nevada Small Business Development Center at UNLV (Nevada SBDC) in conjunction with the Nevada State Contractors Board, UNLV Office of Economic Development, and the Small Business … [Read more...] about Nevada Small Business Development Center at UNLV to Offer Free ‘Construction 1.0’ & ‘Construction 2.0’ Workshops
Minority Owned Businesses in NevadaLeveling the Playing Field
Nevada is open for business. The state is considered business friendly, and that goes for international corporations and small minority owned businesses equally. “With my business, one of the things I observed is that Nevada is truly open for business, whether you are a minority or any other ethnic type of individual doesn’t make any difference,” said Bob Daniel, owner, … [Read more...] about Minority Owned Businesses in Nevada
Small Business Administration Names Nevada State Bank Top Statewide Lender for Small Businesses
LAS VEGAS – The Small Business Administration Nevada District office named Nevada State Bank the top statewide lender by number of loans for SBA 7(a) and 504 lending. At the 2018 SBA Small Business Awards, Nevada State Bank will receive the 1st place award for statewide lending. The award is in recognition of the 52 SBA 7(a) and 504 loans it guaranteed businesses, exceeding … [Read more...] about Small Business Administration Names Nevada State Bank Top Statewide Lender for Small Businesses
Business Succession Planning: Do It Now, Before It’s Too Late
According to the Small Business Administration, small businesses make up approximately 99.7 percent of U.S. employer firms. Of that number, approximately 78.5 percent of U.S. small businesses are non-employer (businesses without employees). More than 50 percent of all small business owners are 50 or older. Although small business owners usually understand the … [Read more...] about Business Succession Planning: Do It Now, Before It’s Too Late
Q&A: Linda McMahon, Director, US Small Business Administration
Director of the Small Business Administration, Linda McMahon is newly appointed to the role by President Trump and the first of such appointees to visit the Silver State. She has a long history in business and was the co-founder and former CEO of WWE, which she helped grow from a 13-person regional operation to a worldwide organization with over 800 employees. She now serves as … [Read more...] about Q&A: Linda McMahon, Director, US Small Business Administration
Small Business Administration Recognizes Nevada State Bank as a Top Business Lender
LAS VEGAS – The Small Business Administration Nevada District office awarded Nevada State Bank the silver Lender of the Year award for 7(a) loan production. At the 2017 SBA Small Business Awards, Nevada State Bank received the award in recognition of the 34 SBA 7(a) loans it provided businesses in SBA fiscal year 2016. The 7(a) loan program is the most frequently used … [Read more...] about Small Business Administration Recognizes Nevada State Bank as a Top Business Lender
Banking on Nevada: Stronger + in Recovery Mode
For City National Bank, 2016 was one of its best years since the economic downturn. Today, with $47 billion in assets, its financials are more robust overall, profitability is improved, topline revenues are increasing and its number of clients is up, said Scott Aney, Nevada regional executive. In fact, in December, executives signed a 10-year lease extension for City National’s … [Read more...] about Banking on Nevada: Stronger + in Recovery Mode
Financing Your Business or Project
It’s been said that money makes the world go ‘round. Well, that’s certainly true when it comes to business. Whether small business or big business, a solid financial statement is necessary for any company to be successful. Unfortunately, that’s often easier said than done. Start-up financing, loans for existing businesses or project loans can be hard to get and, with the recent … [Read more...] about Financing Your Business or Project
Minority Owned Challenges & Successes
The backbone of the U.S. economy has traditionally been composed of millions of small businesses that are owned and managed by entrepreneurs who savor being their own boss. As the economy inches its way to recovery, that same hard scrabble independence remains a driving force behind numbers that indicate some sectors of the financial world might be getting better all across the … [Read more...] about Minority Owned Challenges & Successes
Getting Out: The Financial Planning Features of a Business Exit Strategy
Starting a business takes a large amount of planning. But after the business plan is completed, retail or office space is rented and employees are hired, many entrepreneurs have neglected one crucial question: When the time comes, how will they exit their business? When owners are immersed in the details of building a business, it’s difficult to imagine selling it or giving … [Read more...] about Getting Out: The Financial Planning Features of a Business Exit Strategy
Connecting the Dots: Nevada’s Place in the Global Economy
Ninety-six percent of the world’s population lives outside the U.S. Yet only 1 percent of American businesses export their products and services. In countries like Germany and Japan, some 40 to 60 percent of GDP is in export. Still, our 1 percent translates to trillions of dollars coming into the U.S. economy, according to Randy Innis, chair, Nevada District Export … [Read more...] about Connecting the Dots: Nevada’s Place in the Global Economy