Small-business lender opens in Reno
VEDC, a nonprofit lender to small businesses, has opened an office in Reno to make small business loans of $50,000 to $200,000.
Chris Fream, a veteran banker, has been named business development officer for VEDC in Reno.
The national organization said it plans to make more than $3 million in loans from the Reno office located at 1 East First St.
Fream, a graduate of the University of Nevada, Reno, has worked for the United Federal Credit Union, Wells Fargo and Sterling Savings Bank.
Q-and-A with UNR President Sandoval: ‘We’re going to strengthen our relationships with private industry’
“Economic diversification is inextricably intertwined with higher education and the university,” former Gov. Brian Sandoval told the NNBW last week. Read more in a Q-and-A with the UNR president, in which he discusses the university’s role in the economy and what opportunities are on the horizon in 2021 and beyond.