The State Agency that most directly supports business growth and development in Oregon is the Oregon Business Development Commission, more commonly known as Business Oregon. Their website provides details of most of the state driven capital programs available within the state of Oregon. The following are their brief descriptions of the loan programs available on their website with direct links to where you can find out more about these exciting opportunities.  

Loan Programs and Incentives

Loan Programs

• Oregon Business Development Fund (OBDF) provides direct loans that leverage private capital and provides incentives for businesses to expand or locate in Oregon. Click here for more info
• Oregon Capital Access Program (CAP) provides a form of loan portfolio loss reserve so banks may make business loans that carry higher than conventional risks while complying with federal and state banking regulations. Click here for more info
• Oregon Credit Enhancement Fund (CEF) provides loan guarantees to banks in order to increase capital availability to small businesses. Click here for more info  
• Oregon Industrial Development Bonds (IDB) are available to manufacturing projects, exempt facilities and nonprofit organizations to provide access to capital primarily for value-added manufacturing. Click here for more info
• Entrepreneurial Development Loan Fund (EDLF) offers direct loans to help start-ups, micro-enterprises and small businesses expand or become established in Oregon. Click here for more info 

Incentives

• Business Expansion Program is a cash incentive based on the estimated increase in new personal income tax revenue resulting from the new hires from the expansion or relocation project. Click here for more info
• Strategic Investment Program:  The Strategic Investment Program (SIP) exempts a portion of large capital investments from property taxes. The program is available statewide for projects developed by "traded-sector" businesses, most often used for manufacturing firms. Click here for more info
• Oregon State Trade and Export Promotion (STEP) program:  The State of Oregon offers a new program, funded in part by the Small Business Administration, to assist Oregon companies who wish to take advantage of international trade shows, trade missions, or reverse trade missions in order to enter new markets or expand existing markets. Click here for more info
• Aggie Bonds (Beginning and Expanding Farmer Loan Program) provides new farmers tax-exempt financing for capital purchases. Click here for more info
• Small Business Credit Initiative is a federal initiative capitalizing several agency finance programs. Click here for more info
• Oregon New Market Tax Credit delivers below-market-rate investment options to Oregon businesses and creates jobs in low-income communities. Click here for more info