Areas Served: Statewide Oregon and Washington Mercy Corps Northwest provides capital to help Oregon small businesses grow and work with business owners who may not qualify for traditional loans, In addition to financing, borrowers benefit from technical assistance in the form of classes and counseling. Microloan Terms – Loan amounts: From $500 up to $20,000
Read MoreAreas Served: Benton, Lane, Linn, Lincoln, Marion, Polk, Yamhill Counties and the Metropolitan Portland area. The Enterprise Development Program is a microloan program to assist women, low income, minority, rural, veteran, entrepreneurs and other business owners obtain loans due to inadequate credit availability or areas suffering from economic downturns. The objective of this program is
Read MoreAreas Served: Statewide Oregon The Oregon Business Development Fund (OBDF) is a revolving loan fund that provides term fixed-rate financing for land, buildings, equipment, machinery and permanent working capital. Participants must create or retain jobs and must typically be a traded-sector business in manufacturing, processing or distribution. The program gives preference to projects located in
Read MoreAreas Served: Baker, Union and Wallowa counties. The Revolving Loan Fund (RLF) provides long-term, fixed rate financing for land, buildings, equipment and machinery, and permanent working capital for Oregon businesses in Baker, Union and Wallowa counties. Program Guidelines – Maximum loan is 50% of eligible project costs – preferred level of participation is 33%; –
Read MoreAreas Served: Klickitat County Washington. Hood River, Wasco and Sherman County Oregon MCEDD manages several business loan programs that provide an accessible, affordable source of capital for projects that create or retain jobs. These loan funds can be used to contribute to the financing needed by a business to purchase or build new facilities, purchase
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