Loans for Entrepreneurs with No Money
The aim of these programs is to stimulate exonomic growth through small businesses or microentreoreneurs. Helping individuals become self-sufficient is the main focus, and also to challenge conventional methods of providing credit.
SBA Microloan Program
Cascades West Financial Services, Inc.
1400 Queen Ave SW
PO Box 686
Albany, OR 97321
541-924-8480
The purpose of this microloan program is to help women, low income, minority and other business owners get loans that they could not otherwise get. The ultimate goalis to help them become eligible for conventional banking loans. The money available is up to $25,000 for up to 6 years at a fixed rate of up to 14.75% Technical support is offered throughout the life of the loan. The business must be located in the 14 county service area of Cascasdes West.

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