to: Spokane
Area
Community
Capital Development (CCD)** -
Provides loans funded by the SBA from $500 to $35,000 to qualified small businesses. In Spokane SBA’s district area, CCD covers
Adams, Chelan, Douglas, Ferry, Grant, Lincoln, Kittitas, Klickitat, Okanogan, Pend Oreille, Stevens
and Yakima
counties. To qualify, borrowers must graduate from Entrepreneurial
Training programs or Business Review workshops, complete a business
plan and loan package. Contact: 1437 South Jackson, Suite 201, Seattle,
WA 98144, PO Box 22283, Seattle, WA 98122. Toll Free Phone: 
(877) 5...
Fax: (206) 324-4322 or e-mail info@seattleccd.com.
Washington Cash**
(206) 352-1945
Provides self-employment training and lending to low-income women, people with
disabilities, new immigrants and others. Offers SBA MicroLoan Program
services in Ferry, King, Kitsap, Pierce and Snohomish Counties.
Panhandle Area Council (PAC)** -
Offers SBA microloans, in Benewah, Bonner, Boundary,
Kootenai and Shoshone Counties in North Idaho. Contact:
Telephone (208) 772-0584, Fax (208) 772-6196. Located at 11100 Airport Drive, Hayden, ID
83835-9743
Tri-Cities
Enterprise Center (TEC)** * - SBA Microloan Lender in Benton and
Franklin
Counties, Washington. Loans between $500 and $25,000. Some training
required. Locations:
2000 Logston Blvd., Richland, WA 99352. (50...
124 W. Kennewick Avenue, Kennewick, WA 99336 (509) 582-9440
Rural Community Development Resources
(RCDR)**
Provides business assistance, training resources, and microloan programs from $2,000 to $35,000 in the greater
Yakima area for equipment acquisition, inventory, working capital, franchise purchases and/or cash flow restructuring.
PO Box 9492, Yakima, WA 98909 Fax: 509-453-5165
(509) 453-5133 E-mail: ruralCDR@aol.com
Cascadia
Revolving Fund Provides loans and technical support to small
businesses, especially child care providers, those located in distressed
communities (i.e. rural, timber-dependent) in Washington, and those
owned by low or moderate income people, minorities, or women. Funds businesses
typically unable to secure traditional bank loans. Loan amounts available vary
by program - $500 - $300,000. Located at 1901 NW Market St., Seattle, WA
98107-3912. Contact: (20... or info@cascadiafund.org.
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Clearwater Economic
Development Association (CEDA) Provides loans from $2,500 to $150,000
in Clearwater, Idaho, Latah, Lewis and
Nez Perce County in Idaho where conventional financing is
not available. Technical assistance provided to borrowers.
Tricounty Economic Development District
(TEDD)-
Provides
rural and revolving loan funds that can go up to $250,000 (as well as
Microloans) in Adams, Asotin, Ferry,
Garfield, Grant, Lincoln, Pend Oreille, Stevens, and rural Spokane
County. Located at 347 W. 2nd,
Suite A, Colville, WA 99114. (80..., (509) 684-6685, E-Mail: ruralloans@plix.com,
or tedd@plix.com
Benton Franklin Council of Governments
Nontraditional loan funds for gap financing in manufacturing, value-added
processing, service and retail. It can be used for fixed assets, working
capital, inventory and real estate. Funding is available for eligible
businesses in Benton, Franklin, and Walla Walla counties. PO Box
217, Richland, WA 99352. (509) 943-9185, fax (509) 943-6756.
Development Loan Fund (DLF) - Provides
loans of up to $350,000 through combined state and federal resources for
businesses in distressed rural areas to create new jobs, particularly for
lower-income persons. Dept. of Community Development, 906 Columbia Street SW,
PO Box 48300, Olympia, WA 98504-8300. (360) 753-0325.
Evergreen
Community Development Assoc. Rural Loan Fund
Loan Program for rural businesses in Kittitas, Klickitat & Yakima counties
in Eastern WA. Loan amounts from $10,000 - $250,000.
North Central Washington Business Loan Fund
- Offers loans from $5,000 to $250,000 in Okanogan, Chelan & Douglas Counties
and the Colville Indian Reservation. Location: Economic Alliance 2005,
PO Box 741, Okanogan, WA 98840. Contact: (50... or ncwblf@northcascades.net.
Quest Revolving Loan Fund Covers Chelan
and Douglas Counties. Existing businesses only. Also covers gap
financing with banks. Located at: Columbia Station, 3rd Floor, 300 S. Columbia
St., Wenatchess, WA 98801. Phone: (509) 663-5711.
Spokane Area:
Child Care Micro-loan Fund - Available to Spokane
area child care providers. Loans up to $5,000 to licensed family child
care homes and $25,000 to centers. Funds assist with start-up facility costs,
health and safety improvements, minor renovation associated with starting or
expanding a licensed child care business, and acquisition of equipment
necessary for operation. Loan applicants receive up to 30 hours of free
technical assistance and business training. Loans are funded through CTED,
Spokane County Community Development, US Bank and the Catholic Campaign for
Human Development. NWBDA services the loans. Contact Kathleen Thamm at
(509) 484-6733, ext. 132 or fcr@iea.com
SNAP Microenterprise Development Program (SNAP) -
Program to assist medium to low-income persons starting or expanding businesses in
Spokane County,
Washington. Free technical assistance provided, as well as training to do a
business plan. Loans from $500-$10,000. Located at 212 S. Wall, Spokane, WA 99201. (509) 456-7174.
Spokane
Neighborhood Economic Alliance (SNEDA) - In specific areas of the City
of Spokane, offers loans of $5,000 - $25,000 at risk-based interest (currently
10-15%). For more information contact Nick Landis at (509) 4....
Located at: 715 E. Sprague Ave., Spokane, WA 99202
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U.S. Dept. of Transportation - Short Term
Lending Program provides short-term, working-capital lines of credit to
disadvantaged business enterprises (DBE) which hold or are in the process of
obtaining a transportation-related contract. Must be DBE certified or a
certified SBA 8(a) contractor. Maximum line of credit: $500,000.
Washington Dept. of Community, Trade and
Economic Development (CTED) Regional Finance Specialists Helps
entrepreneurs obtain financing for start-up and expansion projects. Staff
reviews business project proposals, determines financing alternatives,
packages applications, and presents projects to appropriate lending
authorities. Priority projects create employment opportunities in distressed
and timber-impacted areas of the state, and/or support development of minority
& women-owned business. CTED Finance Specialists also are intermediaries
in the SBA's Prequalification Loan Program.
-
Adams, Benton, Chelan, Columbia, Douglas,
Ferry, Franklin, Grant, Kittitas, Lincoln, Okanogan, Pend Oreille,
Spokane, Stevens, Walla Walla, Whitman & Yakima Co.: Dick Olin,
(509) 962-5414.
-
Asotin, Garfield, & Klickitat Co.:
Kraig Kushar (360) 586-2274.
