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A CERTIFIED SBA 504 LENDER		 ACHIEVING BIG DREAMS FOR SMALL BUSINESSES
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WHAT WE DO
Summary
At NWBDA, we help small to medium-sized businesses grow and prosper by providing fixed asset financing at reasonable rates and terms through the SBA 504 Loan Program that would otherwise not be available.
Regional Scope
NWBDA is a dynamic company staffed and managed by a team of lending professionals. We are licensed by the U.S. Small Business Administration to administer the 504 loan program in the state of WA, 10 counties in North Idaho, and four counties in Northern Oregon. We have Business Development Officers in Spokane, Seattle, Central Washington and the Southwestern Washington areas to serve small business needs. A board of directors, composed of experienced community and business leaders, oversees the company.
History and Experience
We have a proven success record. Since NWBDA was established in 1982, we have helped over 1200 businesses obtain in excess of $292 million in total financing through the SBA 504 loan program, and over $822 million in total project costs.

In May of 2004, NWBDA received an SBA Annual Performance Award for Greatest Increase in Percentage of 504 Loan Approvals in the category for Portfolios over $25 Million from the National Association of Development Companies.
Mission and Goals
As a Certified Development Company (CDC), we are licensed by the U.S. Small Business Administration (SBA) to help administer the SBA's 504 loan program. Our mission is to support business growth, job creation and job retention by providing quality small business loan services in partnership with local lenders and the SBA.

NWBDA saves both the business owner and the participating lender time by working directly with the SBA to organize, package, process, and close the 504 loan. We are very proud to play a part in the economic growth and stability of our region.

504 Loan Program
Land, building, and equipment financing from $200,000 to $4 million. 90% financing, low down payment, low interest rates for expanding businesses. NWBDA is an SBA Certified Development Company. We can give fast, professional service to expedite your 504 loan request. More About The SBA 504 Loan Program
Expansion into Idaho Counties
NWBDA has expanded and now assists all of northern Idaho with the SBA 504 loan program!

The list of counties is as follows:

  • Boundary
  • Bonner
  • Kootenai
  • Benewah
  • Shoshone
  • Latah
  • Clearwater
  • Nez Perce
  • Lewis
  • Idaho
    • Expansion into Oregon Counties
    As well as expanding into Idaho, NWBDA has expanded into Oregon and assists with the SBA 504 loan program in the following counties:

  • Multnomah
  • Clackamas
  • Washington
  • Columbia
  • Gilliam
  • Hood River
  • Morrow
  • Sherman
  • Umatilla
  • Wasco
    • Effective Rates June 2009
    20 Year Rate: 5.90%
    10 Year Rate: 4.49%

    FEATURED SUCCESS STORY

    Vandervert Automotive Services
    Vandervert Automotive Services

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    Spokane Area
    (509) 458-8555 or (800) 540-1748
    9019 East Appleway, Ste 200
    Spokane Valley, WA 99212         		Serving Washington, Oregon & Idaho Seattle Area
    (425) 235-9917
    15 South Grady Way, Suite 517
    Renton, WA 98057