In 1983, New Ventures Capital Development Company was established for the purpose of assisting Clark County businesses with the acquisition of expansion capital by combining public and private sector resources. NVCDC is a firm certified by the Small Business Administration to make loans to businesses located in the State of Nevada for the acquisition of capital assets. This includes the purchase of land and the construction of a building, the purchase of an existing building and the purchase of capital equipment with a life of more than 10 years. New Ventures CDC also provides loan development and packaging for SBA 504, SBA 7A and conventional financing.
New Ventures Capital Development Company also operates the Nevada Minority Business Center (NMBC) funded by the Minority Business Development Agency which is part of the U.S. Department of Commerce. Our center has designated professional staff members and consultants that offer a variety of services as depicted below:
-Funding & Bonding; Accounting Services; Marketing and Promotion; Procurement and Contracting; U.S. Small Business Administration Program Certification; HUB Zone Certification; Organization and Planning; Business Opportunities; Reorganization; Real Estate Consulting.
Do you need funding for your new business or need to secure extra capital? New Ventures CDC is the company you can rely on!
626 South Ninth Street, Las Vegas, NV, 89101
Call today! (702) 382-9522
Ernest M. Fountain: President / Business Consultant
Vershaun Ragland: Project Director / Senior Loan Officer
Chris Gutcher: Loan & Business Consultant
Halisha Fountain: Operations Manager
Marcia L. Washington: Executive Administrative Assistant
New Ventures Staff and Board of Directors have over 125 years of combined experience in business, banking, management, finance and consulting. NVCDC is one of 270 firms certified to make loans under the 504 program having arranged over $350 million in financing under the program. More than 5,000 clients have been served since our inception into the program. Below, you will find a list of our various staff members and Board of Directors. To contact anyone on our team directly please click here.
Ernest M. Fountain: President
David L. Washington: Chairman
Horacio Lopez: Co-Chairman
Jeffrey Walker: Secretary
Grenell Martin: Treasurer
Jerrie Merritt: Board Member
Marilyn Clark: Board Member