Clark County Credit Union Fills Needed Niche for Small Business Loans in Nevada


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NVBizMag1-e11ccb62No minimum loan requirement helps CCCU land on SBAs Top 10 List again

 [Las Vegas, Nev.]  November 9, 2022 — For the second year in a row, Clark County Credit Union (CCCU) has been named by the SBA to the Top 10 Nevada Small Business Lenders list, ranking third in the state this year by the number of loans funded.

The only credit union to make the top 10 list, CCCU offered more loans at a smaller dollar amount than the others listed. This is a niche that CCCU’s VP of Commercial Lending Chris Schlaffman says is much needed in the Southern Nevada market.

“As a community financial institution, it is important to support small and medium size businesses in order to keep the local economy growing,” said Schlaffman. “At CCCU, we do not have a minimum loan amount which means that we can assist a smaller business in their growth goals. It’s very rewarding to help these business owners succeed.”  

About SBA Loans

SBA 504 loans provide long-term, fixed rate financing for major assets that promote business growth and job creation for small businesses. CCCU is one of the SBA’s community-based partners that promotes economic development within its community.

About Clark County Credit Union

Founded in 1951, CCCU is a not-for-profit financial institution serving over 51,000 members who are municipal employees (Clark County, City of Henderson, City of Las Vegas, and City of North Las Vegas), medical professionals, members of Nevada Public Radio (KNPR) and numerous select employer groups. CCCU has assets of $1.1 billion and six branches throughout Southern Nevada and has given back more than $70 million in Bonus Dividends since 2001. More information about CCCU can be found online at www.ccculv.org.



Read More: Clark County Credit Union Fills Needed Niche for Small Business Loans in Nevada

2022-11-09 15:07:22

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