GeoDyne Inc.
In early 2009, Business Oregon closed a $25,000 loan to finance equipment and working capital for the startup of GeoDyne, which provides drilling services for the geotechnical and geothermal markets.
Business Financing Resources
Business Oregon has a team of professionals to assist businesses with their financing needs by packaging loan programs or by matching a partner service provider with a business.
Oregon Finance Programs
Business Oregon manages the following financing programs to assist businesses:
- Oregon Business Development Fund
- Oregon Capital Access Program
- Oregon Credit Enhancement Fund
- Oregon Industrial Development Bonds
- Entrepreneurial Development Loan Fund
- Business Retention Program
- Brownfields Redevelopment Fund
- Building Opportunities for Oregon Small Business Today (BOOST) Fund
Business Resources and Services
There are several assistance and financing programs available from local and federal resources that may be used to meet business needs. These resources are:
- United States Department of Agriculture (USDA)
- Farm Service Agency (FSA)
- Small Business Administration (SBA)
- Oregon Small Business Development Centers
- SCORE—Counselors to America's Small Business
- Other Small Business Service Providers
Starting a Business in Oregon
The business finance team provides a range of financing services to businesses and lending partners. These services include: revolving loan funds for working capital and term loans; loan guarantees on bank loans; loans for startup businesses; and tax-exempt, bond financing for manufacturers.
Business Financing Resources
Oregon Facts
Oregon's Tax Structure
A 2008 report by Ernst and Young on state business taxes pronounced Oregon's position as one of the lowest business tax rate structures in the United States.
