Aspiring business owners in Las Vegas, Nevada have access to a range of capital options to help them expand their enterprises. ACCESS Community Capital is the only community loan fund based in Las Vegas and provides financial assistance to small businesses and startups located or expanding to the city of North Las Vegas. Nevada banks have different specialties and a large capacity, and the Nevada Bankers Association partners with the University of Nevada, Las Vegas, and the College of Southern Nevada to offer programs to finance and non-finance students to increase their banking acumen. The state of Nevada also offers a variety of incentives to help eligible companies make the decision to do business in the state. ACCESS Community Capital is an invaluable resource for entrepreneurs in Las Vegas, Nevada.
The loan fund provides funding, advice, and other areas to help businesses reach their potential. It offers specialty financing, investments, and loan programs that can be tailored to meet the needs of each business. For example, during the pandemic Paycheck Protection Program (PPP), Nevada banks performed the twelfth best of all states when it came to connecting the highest percentage of eligible businesses to a PPP loan. In addition to ACCESS Community Capital, entrepreneurs in Las Vegas can take advantage of the incentives offered by the state of Nevada. These incentives include sales tax reductions on the purchase of capital goods, deferral of sales tax and use tax on capital goods purchases, reductions in modified personal and business taxes, real estate tax reductions for recycling, assistance with the cost of intellectual property development, and grants for employee training. Entrepreneurs in Las Vegas have access to a variety of capital options that can help them grow their businesses.
ACCESS Community Capital is an invaluable resource for entrepreneurs looking for funding, advice, and other areas to help them reach their potential. In addition, Nevada offers incentives that can help businesses make the decision to do business in the state. With these resources available, entrepreneurs in Las Vegas have access to the capital they need to succeed. The key to success for entrepreneurs in Las Vegas is understanding all of their options when it comes to accessing capital. By taking advantage of ACCESS Community Capital's loan fund and other resources available from the state of Nevada, entrepreneurs can unlock the capital they need to grow their businesses.