Blockchain 101

Blockchain 101

  by Craig A. Ruark When you talk about mining to most people, the image of house-size earth moving equipment and gigantic craters, or long dark tunnels have generally what come to mind. However, a new mining industry has been evolving since 2009, and it involves what is called cryptocurrency. Perhaps you have heard about…

7 Myths About SBA 504 Loans

7 Myths About SBA 504 Loans

by Evan Dickson, President, Nevada State Development Corporation The following seven myths and facts refer to the U.S. Small Business Administration (SBA) Commercial Loan Program. MYTH 1: It takes four to six months to get a loan approval. Fact: You can obtain an SBA approval as quickly as ten business days. Tip: Provide your lender with a complete…

Factoring— The Loan Alternative

Factoring— The Loan Alternative

   By: Craig A. Ruark A loan is a loan whether it is a government-backed SBA loan, a secured equity loan through a bank, or a personal loan through an associate, each of them has a principal and interest amount that must be paid back, either in a lump sum or over time. Many times,…