February 2019: Lending Update

Breaking, Business, Community Development, Economic Development

Start or Grow Your Business
Secure and Competitive Financing Available through the
Oregon Cascades West’s Lending Department

  • Local Loans available for Benton, Lincoln, and Linn Counties.
  • SBA 504 loans Statewide, 25-year debenture term available.

Oregon Cascades West Council of Governments (OCWCOG) offers and packages U.S. Small Business Administration (SBA) 504 Loans statewide, along with other valuable lending instruments. These include loans through the U.S. Department of Agriculture (USDA), U.S. Economic Development Administration (EDA), and local special funds aimed at projects in OCWCOG’s Region of Benton, Lincoln, and Linn Counties. OCWCOG, with its more than 30-years of lending experience, has a proud history of assisting small businesses in our Region with their financing needs.

OCWCOG’s Cascades West Business Lending’s mission is to stimulate investment, job creation, and job growth, specifically focusing on making loans to new and expanding businesses that cannot obtain traditional industry financing.

Funds are available in Benton, Lincoln, and Linn Counties  
Fixed Rate Loans
Up to 15-year terms
No prepayment penalties

Rates for Small Business Administration (SBA) 504 Loans
4.66%* fixed 10 years for February, 2019
4.65%* fixed 20 years for February, 2019
4.77%* fixed 25 years for February, 2019
SBA 504 Loan debt refinancing is also available.

Please contact Senior Loan Officer Sandra Easdale, with any questions.
541-924-8460 | 541-967-4651 fax
seasdale@ocwcog.org | www.ocwcog.org

“Let’s Keep Oregon Money in Oregon.”
“Creating jobs in Oregon one business at a time.”

*Estimate based on pricing published by the National Association of Development Companies (NADCO) the first Thursday of each month. 20-year term loans fund every month; 10-year term loans fund every other month. Effective interest rates are inclusive of servicing fees.