Nebraska Economic Development Corporation (NEDCO) is Nebraska’s largest Certified Development Company (CDC), licensed to deliver the SBA 504 Loan Program throughout the state of Nebraska. SBA (Small Business Administration) 504 loans provide long-term, fixed rate financing to promote business growth, job creation, and repair existing establishments.
Each year, in partnership with private financing, NEDCO facilitates delivery of fifty to eighty million dollars to Nebraska’s small businesses looking to finance owner occupied real estate and equipment.
NEDCO delivers this loan volume each year, and services a portfolio of approximately $180,000,000, by relying upon a small, hard-working staff of experienced professionals and levering industry software. This software provides the platform for every aspect of NEDCO’s business from underwriting applicants to electronically storing critical data.
While business loans can seem intimidating, NEDCO works together with businesses and banks efficiently. Their low and fixed interest rate makes repayment simple.
With the help of Wingman IT, NEDCO leverages its computers, servers, networks, and software tools to enable its small team to make a big impact for Nebraska businesses. Wingman IT Services is proud to have partnered with NEDCO for over a decade to ensure that their systems are running smoothly and securely. Although NEDCO has a small team, it needs all the power and security of large financial institutions, including meeting federal security requirements.
To learn more about NEDCO you can reach them by phone at (402) 483-4600 or visit their website at nedcoloans.org.