Other Financing Opportunities

For other financing opportunities, we refer our clients to the following places:

• Official Doing Business in Washington Grants and Loans
• US Small Business Administration Financial Assistance
• Community Capital Development
  Community Capital Development has provided entrepreneurs access to capital and access to business assistance since 1997. Their primary financial products are term loans, or small business loans. The non-SBA term loans range from $5,000 to $100,000, while SBA guaranteed term loans can be up to $250,000.
  

• Service Area
  Community Capital Development provides loans in 23 Washington Counties:

Adams Chelan Douglas Ferry Grant Island King Kitsap

Kittitas Klickitat Lewis Lincoln Okanogan Pend Oreille Pierce San Juan

Skagit Snohomish Stevens Thurston Whatcom Yakima

 

• Stage of Business
  Community Capital Development's Access to Capital Programs focus on providing capital for:
• Start up businesses (0-6 months)
• Businesses under 2 years in operation, not yet bankable
• Established businesses, in operation greater than 2 years, but facing new challenges
• Evergreen Community Development
  

  Evergreen Community Development helps communities grow, one small business loan at a time.  Serving a critical community need, they make commercial real estate and equipment ownership possible for our region’s small businesses.  Primarily, they partner with banks in Alaska, Oregon, Washington, and the panhandle of Idaho to provide SBA 504 loans, which allow small businesses to purchase buildings and equipment at a low long-term fixed interest rate, and with less money down.

  Evergreen also offers other alternative loan programs to small businesses to stimulate economic development, including Rural Loans and Community Reinvestment Fund, USA Loans.

  Some start-ups can be eligible for these programs, however they are designed to assist small, healthy, established, and growing businesses.

• Pierce County Economic Development
  

  Pierce County can provide financing up to $250,000 to small businesses located or expanding in Pierce County.  Businesses may be eligible to receive subordinate financing to assist with:

  • Permanent Working Capital
  • Equipment Acquisition
  • Inventory Purchase
  • Land and/or Building Acquisition
  • Start-up Cost
• Shore Bank Enterprise Pacific
  

  We provide capital and expertise to help start or grow your business, sustain your non-profit organization, launch a new product, or improve the community you call home. We provide capital investment, expertise and industry knowledge.

  We offer tailored investment products, but we also connect our clients with valuable resources – from industry networks to sources of capital – to help them succeed.
  Our investment products include a revolving loan fund, federal tax credits, a product innovation fund, and professional consulting.

• Spokane Neighborhood Economic Development Alliance (SNEDA)
  SNEDA is seeking to provide access to finance to companies with the capacity to grow and employ local people.  SNEDA’s loans have ranged in size from $3,000 to $505,000.
  SNEDA works with businesses that are not yet ready for conventional bank financing or, due to a change in the economy, may no longer have access to conventional bank financing.  We help companies with solid business plans and reasonable financial strength to realize their potential and get the funding they need from SNEDA’s own revolving loan fund, banks and/or other lenders.