Loans

Does Your Small Business Need Working Capital to Grow?

The Veteran Loan Fund matches military veterans, transitioning service members, & their spouses with loan capital to start or grow their small businesses. The fund aims to fill the financial and training gaps that veterans face when building a small business. Business Impact NW is a compassionate small business lender in Washington, Oregon, & Alaska, to business owners at every stage of business development.

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SBA Economic Injury Disaster Loans Available to Washington Small Businesses

Small nonfarm businesses in six Washington counties and neighboring counties in Oregon! You may now apply for low-interest federal disaster loans from the U.S. Small Business Administration (SBA) to offset economic losses caused by drought. Eligible counties include Skamania in Washington and neighboring counties like Clark, Cowlitz, Klickitat, Lewis, and Yakima, along with Hood River and Multnomah in Oregon. These loans, with interest rates of 4% for businesses and 2.375% for nonprofit organizations, offer support for financial obligations and operating expenses up to $2 million. Eligibility is based solely on the financial impact of the disaster, not property damage, and interest accrues starting 12 months from the initial disbursement, with repayment starting 12 months thereafter.

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Native American Bank

Offers a full range of business loans to people in all 50 states. Focuses on lending to Tribes, Tribally-owned enterprises, Alaska Native Village Corporations and businesses owned by individual Native Americans and Alaska Natives. Offers secured term loans, secured revolving lines of credit, secured letters of credit, and commercial real estate construction loans.

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Pinnacle Bank

Native American-owned bank in Iowa that offers business loans across the country. They offer SBA 7(a) commercial loans, seasonal or operating lines of credit, and commercial real estate loans among others.

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Mercy Corps Northwest

Mercy Corps Northwest offers loans ranging from $500 to $20,000 to businesses owned by entrepreneurs of color, women, gender non-conforming individuals, and undocumented entrepreneurs throughout the Pacific Northwest. Their program works with both startups and existing businesses to serve the needs of business owners at different points in their journey. They work with people who are experiencing less than perfect credit, unable to qualify for loans at other institutions, and who are new to the lending process.

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