Overview
MCEDD’s manages three sources of business loan funds to meet the financing needs of businesses with favorable rates, terms and requirements to support businesses that create and retain jobs. Through these three sources, we provide loans to businesses located anywhere within Skamania and Klickitat Counties in Washington, and anywhere within Clackamas, Hood River, Sherman and Wasco Counties in Oregon, as well as within the Multnomah County portion of the National Scenic Area.
Get Ready to Apply
Interested to learn more about the lending process? Find our Frequently Asked Questions document here. Encuentre nuestro documento de Preguntas frecuentes aquí.
This helpful video outlines what to expect and how to prepare for lending. / Este útil video describe qué esperar y cómo prepararse para los préstamos.
Apply Now
Complete the business loan pre-application linked below and send it to ami@mcedd.org. Our loan program staff will review your pre-application to see if it is a good match for one of our programs and follow up with you for the required supporting documentation. We’ve provided a list of what may be required below for your reference in preparing for the next step in the application process. Your application will generally be reviewed within 2-6 weeks and a decision made by one of our loan boards or Executive Director.
STEP 1: Business Loan Pre-Application Pre-solicitud de préstamo comercial
STEP 2: Supporting Documents Reference List Lista de referencia de documentos de respaldo
Questions? Preguntas?
Contact:
Loan Program
802 Chenowith Loop Road, The Dalles, OR 97058
Phone: 541-296-2266 x1004
Our Three Lending Sources
MCEDD
MCEDD has its own source of small business revolving loan funds that have largely been received through the US Dept. of Agriculture (USDA) Rural Development and the US Economic Development Administration (EDA). Our funds are overseen by the MCEDD Loan Administration Board (LAB) and cover MCEDD’s traditional five-county district. Learn more about MCEDD’s program here.
Oregon Investment Board
MCEDD staff manage small business revolving loan funds held by the Oregon Investment Board (OIB), which lends within the Oregon side of the National Scenic Area. Learn more about the OIB here.
Mount Hood Economic Alliance
MCEDD staff manage small business revolving loan funds held by the Mount Hood Economic Alliance (MHEA), which lends within Clackamas, Hood River and Wasco Counties. Learn more about the MHEA here.
Partners
MCEDD staff can help access additional financing through our partner entities including Washington Investment Board, Business Oregon, and the Washington Department of Commerce. MCEDD’s applicants come from a diverse source of referrals including financial institutes, attorneys, accountants, chambers of commerce and county economic development departments. In addition, the Small Business Development Center at Columbia Gorge Community College and the Skamania-Klickitat Small Business Development Center both assist small businesses in preparing to apply for obtaining financing and refer many small businesses to MCEDD.