NEDCO, a certified development company (CDC), is a statewide private non-profit corporation licensed by the U.S. Small Business Administration to finance small business by providing long term fixed rate financing for fixed asset projects.

NEDCO's mission is to further the economic development and social welfare of Nebraska and its environs with specific emphasis on promoting and assisting the growth and development of business concerns. The principal objective is to foster increased employment opportunities and expansion of business.

The mission of RBS is to enhance the quality of life for all rural Americans by providing leadership in building competitive businesses and cooperatives that can prosper in both the domestic and global trading marketplace.  Listed below are a few of the services they offer:

Business and Industrial Guaranteed Loans

Business and Industry Direct Loan Program

Intermediary Re-lending Program (IRP)

Rural Business Enterprise Grants

Cooperative Services

Rural Cooperative Development Grants

Rural Economic Development Loans and Grants

The Northeast Nebraska Economic Development District (NENEDD) is a 16-county regional development organization that encourages cooperation between local government officials, community based organizations and the private sector.  NENEDD provides the "link" between federal and state programs and the local level where development actually occurs. The mission of NENEDD is "to address economic opportunities and challenges identified through a Community Economic Development Strategy." 80 local units of government are active participants as dues-paying members along with over 80 private businesses and agencies that are associate members of NENEDD.

The primary objective of Nebraska's Economic Development Loan Program is to provide funds to local governments who in turn loan the dollars to qualifying businesses. These loans enable the creation and retention of job opportunities for low and moderate-income persons. The program is funded through Community Development Block Grant (CDBG) dollars provided by the U.S. Department of Housing and Urban Development and administered by the Nebraska Department of Economic Development.

The purpose of the WRLF is to distribute CDBG funds, which the City of Wayne has received from the State of Nebraska, Department of Economic Development as funded by HUD.  And to support businesses, which expand the city's economic base and create quality jobs for persons in the low and moderate-income levels.  All project activities must meet one of the three national objectives:

Benefit low- and moderate- income persons; or

Aid in the prevention or elimination of slums or blight; or

Meet other community development needs having a particular urgency because existing conditions pose a serious and immediate threat to health or welfare of the community and other financial resources are not available to meet such needs.

This program offers micro-loans through regional associations and a state coordinator.  You can email a contact person by clicking on the above title, or call Jeff Reynolds, Business Specialist at 402-656-3091.

Low-interest financing can be used for many typical home, building or system energy improvements.  These projects are generally cost effective and can be financed with a low-interest loan for up to ten years or for five years for appliances.  All improvements financed with these loans must meet efficiency standards, which are listed on specific forms.

High efficiency heating equipment including furnaces, boilers, heat pumps and other heating projects 

High efficiency air conditioning equipment including window and central air conditioners and heat pumps

Windows and doors replaced, installed or repaired or storm windows

Insulation added to walls, floors, ceilings, attics and other building envelope surfaces

High efficiency water heaters   and other hot water projects

Building air leaks sealed with caulk and weather-stripping, thresholds installed, or similar air control projects

Appliance replacements for refrigerators, freezers, dishwashers and clothes washers   

Programmable thermostats

Air duct insulation, testing and/or sealing

High efficiency lighting and controls

Other types of efficiency improvements

Types of loans:

DROUGHT AND SEVERE HEAT:  For further information call SBA at 1-800-366-6303.

THUNDERSTORMS AND HAIL: For further information call SBA at 1-800-366-6303.

DROUGHT, SEVERE STORMS, TORNADOES, FLOODING, AND EXCESSIVE WIND:  For further information call SBA at 1-800-366-6303.

EXPANDED ECONOMIC INJURY DISASTER LOAN DECLARATION: DESTRUCTION OF THE WORLD TRADE CENTER, PENTAGON OR ANY RELATED FEDERAL ACTION:  For further information call SBA at 1-800-366-6303.

MILITARY RESERVIST ECONOMIC INJURY DISASTER LOAN PROGRAM: For further information call SBA at 1-800-366-6303.

MILITARY RESERVIST ECONOMIC INJURY DISASTER LOAN PROGRAM: For further information call SBA at 1-800-366-6303.