While working on slides for the National Association of Development Companies (NADCO) Annual Meeting, I had a thought to apply the concept of S.M.A.R.T. goals into the presentation. This framework helps professionals set clear and articulated goals into any project—often making the difference between creating a list and forming an action plan. But first of all, what is NADCO and what…
Category: SBA CDC
WBD Staffers attend Hmong Wisconsin Chamber Awards Ceremony
WBD Inc.‘s own Lance Walter (Vice President of Strategic Communications), Diane Byler (Vice President and Loan Officer), and Carl Valiulis (Network Administrator) attended the Hmong Wisconsin Chamber of Commerce‘s 11th Annual Business Awards Celebration on Friday night. Held at the Potawatomi Hotel & Casino, the event showcased Wisconsin’s latest and greatest among Hmong and Southeast Asian businesses. More than 400…
Craft Brewers Draft a Plan for Business Growth
By Bruce Kaufmann WBD Senior Credit Analyst Manager In my time at WBD, I have analyzed and underwritten a number of businesses in the craft brewing industry. Combined with my enthusiasm for craft beer, and observing how these businesses have evolved over time, I have developed some insight into factors that are indicators of likely success. I am not a…
WBD Experts talk 504 and 7(a) Lending on ‘Biztalk’ Radio
Recently, WBD Senior Vice President and Senior Lender Jason Monnett teamed up with WBD Vice President and Loan Officer Matt Wilcox to talk all things 504 and 7(a) on the “BizTalk with SCORE” radio program. The experts explained how WBD helps small businesses create jobs through an SBA 504 or a 7(a) loan—sometimes both by layering loans to support different parts of the process.…
What is the 504 Loan Process?
An SBA 504 loan is a special product that can only be offered by a Certified Development Company (CDC) in partnership with a local lender. WBD is one of the most successful CDC’s in the country and has partnered with hundreds of local lenders to help thousands of small businesses since 1981. The 504 loan is designed to help small…