The National Association of Development Companies (NADCO) is the trade association of SBA Certified Development Companies (CDCs) and other lenders delivering SBA loans and financing for small businesses. NADCO was founded in 1981 and is headquartered in Washington, District of Columbia. NADCO’s mission is to promote, enhance and educate the industry of SBA Certified Development Companies.
Members of NADCO are non-profit organizations that have been certified by the U.S. Small Business Administration (SBA) to provide financing to small businesses through the SBA 504 loan program. NADCO members provide more than 97% of all SBA 504 financing. In addition to Certified Development Companies, membership also includes over 240 bank and non-bank lenders, attorneys, and other service providers.
NADCO works closely with the Small Business Administration to ensure the broadest possible access to capital by America’s small business. In 2013, the industry delivered $5.1 billion in small business loans to nearly 7,600 small businesses. Overall, the industry is responsible for the financing of over $150 billion dollars in small business project finance.
The NADCO Training and Education Program employs the most knowledgeable and current instructors in order to ensure proper coverage of all the rules and regulations surrounding the 504 Loan Program. Courses offered throughout the year cover key areas such as a basic introduction to the REAL 504 Loan, marketing the REAL 504 Loan, business development basics, and OCRM standards and regulations.
NADCO offers everything from an introduction to the SBA 504 Program to a complete Credit Risk Institute and even Loan Closing courses required for Designated 504 Attorneys. Full training programs are available twice a year.
NADCO holds its annual meetings in April.
For more information, visit www.nadco.org.