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Looking for money to start or expand a business or project?

CCD Business Development Corporation is a private, nonprofit SBA Certified Development Company providing financing assistance to ALL Counties in the State of Oregon. As part of its overall economic development activity, CCD offers a wide variety of business loan programs.

These programs are designed to help companies start new ventures or expand existing ones via low interest loans and loan guarantees.

Our typical borrower has one or more weakness (e.g. insufficient operating history, imperfect credit history, or inadequate collateral) which disqualifies them from accessing traditional bank financing. Tips and Information:
  • Plan ahead and apply early to allow enough time for loan processing

  • All loan programs require loan collateral and demonstrated repayment ability

  • Our loan programs often take a subordinated lien on the loan collateral and offer a lower-than-market rate of interest as an incentive for other lender participation in your project’s financing

CCD works closely with the U.S. Small Business Administration, the USDA Rural Business Cooperative Service, Business Oregon and local governments.  Financing vehicles include  SBA 504  programs, USDA Intermediary Relending programs and various revolving loan funds.  The following chart describes some of our most common lending programs – more are available:
 

PROGRAMS

SBA

CCD

CCD

OBDF

 

504

Revolving Loan Fund

Intermediary Relending Program

Oregon Business Development Fund

USES

Land, building acquisition, new construction, equipment

Land, building acquisition, new construction, equipment, working capital

Land, building acquisition, new construction, equipment, working capital

Land, building acquisition, new construction, equipment, working capital
 

ELIGIBILITY

For-profit small business

Businesses in Coos, Curry & Douglas Counties

Businesses in Coos, Curry & Douglas Counties

Manufacturing, processing & tourism related businesses

AMOUNTS

Up to $1,500,000 or 40% of  project*   $5.0 million for loans that meet a public policy goal $5.5 million for loans to "small manufacturers" & "renewable energy"
 

$25,000-$250,000, max. of 75% of project cost*

$25,000-$250,000, max. of 75% of project cost*

Up to $700,000 or 40% of project*

JOB CREATION

1 for each $65,000 of SBA portion of loan

1 for each $50,000 of CCD portion of loan

1 for each $50,000 of CCD portion of loan
 

1 for each $30,000 of OBDF portion of loan

INTEREST RATE

Approx the US Treasury Note Rate + 1.7% (fixed rate)

Rate determined by CCD loan committee

Rate determined by CCD loan committee

1% above US Treasury securities (fixed rate) of a similar maturity

TERMS

10 to 20 years

Up to 25 years, usually shorter

Up to 20 years

Useful life of collateral, up to 20 years
 

FEES- varies with project size

Approximately 3.0%

Approximately 1.5% + closing costs

Approximately 1.5% + closing costs
 

Approximately 1.5% + closing costs

*Remainder must come from private sources.

WE ARE AN EQUAL CREDIT OPPORTUNITY LENDER
 

Roseburg Office  
744 SE Rose Street, Roseburg, OR  97470
(541) 672-6728
Toll Free (800) 452-6010 
 
North Bend Office: 
2455 Maple Leaf, PO Box 444, North Bend, OR  97459
(541) 756-4101
Toll Free (866) 202-5903

© 2010 CCD Business Development Corporation