Small Business Loan Programs
The 504 program is earmarked for healthy, established businesses. It provides financing for land and building purchases, building construction, long-term leasehold improvements, and major equipment purchases.
Oregon Business Development Fund Loans
The 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.
Revolving Loan Programs
CCD Business Development Corporation’s Revolving Loan Fund (RLF) program covers Coos, Curry, Douglas, Jackson, Lane, and Josephine Counties. These programs were created to assist with business financing when other financing is not available or a traditional financial institution is looking for a partner to assist their client.
Who is the right financial institution for my small business?
Small businesses contribute to local economies by bringing growth and innovation to the communities where they are established.
They are the engine of our economy.
When thriving local businesses remain in a community over time. they can make great contributions to the overall quality of life. Along with paying taxes that support the community, the owners and employees of these businesses are usually quite dedicated to improving the places where they live and work.
That’s why it’s beneficial for them to establish a relationship with one financial institution for all their personal and business banking needs. While the basic menu of available products is comparable from one institution to another, there’s no mistake the fact that the right relationship manager can be a tremendous asset to any business.
Your relationship manager should be an integral part of your business just as your attorney or accountant is. They can help you navigate the ever-changing business landscape, so you can take advantage of opportunities for success.
Whether you’re just starting out or ready to take the next step in your business, the relationship you establish with your bank can set the tone for financial success.