Mid-Willamette Valley Guide to Small Business Financial Resources – December 2011
MERIT, a program of the Small Business Development Center, has recently published and distributed the free “Mid-Willamette Valley Guide to Small Business Financial Resources.” The guide is a comprehensive look at the funding opportunities for small business owners in Marion, Polk, and Yamhill counties.
[click here] to download PDF.
Oregon Business Development Department
http://www.oregon4biz.com/Business-financing-resources
Business Oregon has a team of professionals to assist businesses with their financing needs by packaging loan programs or by matching a partner service provider with a business.
Starting a Business in Oregon
The business finance team provides a range of financing services to businesses and lending partners. These services include: revolving loan funds for working capital and term loans; loan guarantees on bank loans; loans for start-up businesses; and tax-exempt, bond financing for manufacturers.
Oregon Finance Programs
Business Oregon manages the following financing programs to assist businesses:
- Oregon Business Development Fund
- Oregon Capital Access Program
- Oregon Credit Enhancement Fund
- Oregon Industrial Development Bonds
- Entrepreneurial Development Loan Fund
- Business Retention Program
- Brownfields Redevelopment Fund
- Building Opportunities for Oregon Small Business Today (BOOST) Fund
Business Resources and Services
There are several assistance and financing programs available from local and federal resources that may be used to meet business needs. These resources are:
- United States Department of Agriculture (USDA)
- Farm Service Agency (FSA)
- Small Business Administration (SBA)
- Oregon Small Business Development Centers
- CORE—Counselors to America’s Small Business
Mid-Willamette Valley Council of Governments
105 High St. SE, Salem, OR 97301
503-588-6177
www.mwvcog.org
The Mid-Willamette Valley COG provides assistance to area small businesses with all of the commonly used government finance programs. These federal, state and local resources are designed to be used in partnership with private lenders such as banks to provide the financing needed by companies to expand or start new venture and create more jobs for the area.
The MWVCOG operates a regional revolving loan fund and it has entered into special packaging or partnership arrangements with the US Small Business Administration, the US Department of Agriculture, Cascades West Financial Services, Inc., The US Economic Development Administration, the State of Oregon, and a number of local governments that enable our loan officers to draw upon a wide variety of financial resources and programs to help small businesses.
For more information, please contact John Safstrom at (503) 540-1612.
US Small Business Administration
http://www.sba.gov/category/navigation-structure/loans-grants
SBA offers information on small business loans, grants, bonds and other financial assistance. Find out which method of financing is right for you! Learn More about Small Business Loans, Grants, Bonds & Other Financial Assistance.
While SBA does not make loans directly, you can find a local lender who can help you with your loan application. You may also speak directly with a local SBA representative by calling (503) 326-2682.
USDA – Rural Development
To support rural regional economic prosperity, USDA Rural Development provides job training and business development opportunities for rural residents, including cooperative business development, community economic development and strategic community planning and faith-based and self-help initiatives. Funding for most of these efforts is administered by USDA Rural Business Programs.
http://www.rurdev.usda.gov/OR_Home.html
One of the first stops for financing information should be your local bank.
Following are financial institutions that are SEDCOR members.
Bank of the Cascades www.botc.com
Central Willamette Community Credit Union www.centralwcu.org
Columbia State Bank www.columbiabank.com
KeyBank Commercial Banking www.keybank.com
Maps Credit Union www.mapscu.com
OSU Federal, Your Community Credit Union www.osufederal.com
U.S. Bank www.usbank.com
Umpqua Bank www.umpquabank.com
Union Bank www.unionbank.com
Unitus Community Credit Union www.unitusccu.com
Valley Credit Union www.vhpecu.com
Wells Fargo Bank www.wellsfargo.com
West Coast Bank www.wcb.com
Willamette Valley Bank www.wvb.com
Financing – Agricultural Industry
Rabo AgriFinance
(503) 364-6414
www.raboag.com
Local Municipalities
Check with your local city/county officials for information on financing, liscensing and permitting.
Marion County
451 Division Street NE
Salem, OR 97309
(503) 589-3295
http://www.co.marion.or.us
Polk County
850 Main Street
Dallas, OR 97338
(503) 623-1888
http://www.co.polk.or.us
City of Aumsville
595 Main Street
Aumsville, OR 97325
(503) 749-2030
http://www.aumsville.us
City of Aurora
21420 Main Street NE
Aurora, OR 97002
(503) 678-1283
http://www.ci.aurora.or.us
City of Dallas
187 SE Court Street
Dallas, OR 97338
(503) 831-3572
http://www.ci.dallas.or.us
City of Detroit
P.O. Box 589
Detroit, OR 97342
(503) 854-3496
City of Donald
P.O. Box 388
Donald, OR 97020
(503) 678-5543
http://www.oregoncities.us/donald/index.htm
City of Falls City
299 Mill Street
Falls City, OR 97344
(503) 787-3631
http://www.fallscity.org
City of Gates
P.O. Box 577
Gates, OR 97346
(503) 897-2669
City of Gervais
P.O. Box 329
Gervais, OR 97026
(503) 792-4101
City of Hubbard
P.O. Box 380
Hubbard, OR 97032
(503) 981-9633
http://www.cityofhubbard.org
City of Idanha
P.O. Box 430
Idanha, OR 97350
(503) 854-3313
http://www.cityofidanha.com
City of Independence
P.O. Box 7
Independence, OR 97351
(503) 838-1212
http://www.ci.independence.or.su
City of Jefferson
P.O. Box 83
Jefferson, OR 97352
(541) 327-2768
City of Keizer
P.O. Box 21000
Keizer, OR 97307
(503) 390-3700
http://www.keizer.org
City of Mill City
P.O. Box 256
Mill City, OR 97360
(503) 897-2302
http://www.ci.mill-city.or.us
City of Monmouth
151 Main Street W
Monmouth, OR 97361
(503) 751-0145
http://www.ci.monmouth.or.us
City of Mt. Angel
P.O. Box 960
Mt. Angel, OR 97362
(503) 845-9291
http://www.mtangelor.org
City of Salem, Urban Development Division
350 Commercial Street NE
Salem, OR 97301
(503) 588-6178
http://www.cityofsalem.net
City of Scotts Mills
P.O. Box 220
Scotts Mills, OR 97375
(503) 873-5435
http://www.scottsmills.org
City of Silverton
306 S Water Street
Silverton, OR 97381
(503) 874-2204
http://www.silverton.or.us
City of St. Paul
P.O. Box 7
St. Paul, OR 97137
(503) 633-4971
City of Stayton
362 N. Third Avenue
Stayton, OR 97383
(503) 769-2998
http://www.staytonoregon.gov
City of Sublimity
P.O. Box 146
Sublimilty, OR 97385
(503) 769-5475
http://www.cityofsublimity.org
City of Turner
P.O. Box 456
Turner, OR 97392
(503) 743-2155
http://www.cityofturner.org
City of Willamina
P.O. Box 629
Willamina, OR 97396
(503) 876-2242
http://www.ci.willamina.or.us
City of Woodburn
270 Montgomery Street
Woodburn, OR 97071
(503) 980-2445
http://www.woodburn-or.gov
