OCWCOG’s Cascades West Business Lending (CWBL) efforts aim to encourage new employment opportunities, and promote a stable and diversified economy our tri-County Region of Benton, Lincoln, and Linn Counties.
CWBL delivers expert commercial loan packaging, closing, servicing, and collection services through various direct and indirect loan programs. Our team provides administrative services, technical assistance, and professional lending services through contractual partnerships to local government and non-profit organizations, who offer economic development oriented commercial loans.
The goal of our CWBL program is to foster economic development by providing access to capital for small business owners, for either start-up or expansion needs. This gives businesses the opportunity and capacity to play an important role in determining their futures. Ultimately, it means the creation of more jobs in communities across our Region.
By The Numbers
Number of Jobs Created of Retained
Amount of Money Loaned this Fiscal Year
Current SBA Rates
Rates for U.S. Small Business Administration (SBA) 504 Loans
- 2.84%* fixed for 10 years
- 2.81%* fixed for 20 years
- 2.88%* fixed for 25 years
*Estimate based on pricing published by the National Association of Development Companies (NADCO) the first Thursday of each month. 20 & 25-year term loans fund every month; 10-year term loans fund every other month. Effective interest rates are inclusive of servicing fees.