Access to Capital

Loans, Loan Guarantees, and Bond Programs

The following business finance programs are backed by lottery dollars and include direct loan and loan guarantees.

  • Oregon Business Development Fund (OBDF) provides direct loans that leverage private capital and provides incentives for businesses to expand or locate in Oregon.
  • Oregon Royalty Fund (ORF) provides direct loans to help early stage (post R & D and prototyping), scalable, and high-margin small businesses obtain short-term working capital to support rapid growth.
  • Entrepreneurial Development Loan Fund (EDLF) offers direct loans to help start-ups, micro-enterprises and small businesses expand or become established in Oregon.
  • Credit Enhancement Fund (CEF) provides loan guarantees to financial institutions in order to increase capital availability to small businesses.
  • Capital Access Program (CAP) provides a form of loan portfolio loss reserve so financial institutions may make business loans that carry higher than conventional risks while complying with federal and state banking regulations.
  • Industrial Development Bonds (IDB) are available to manufacturing projects, exempt facilities and nonprofit organizations to provide access to capital primarily for value-added manufacturing.
  • Aggie Bonds (Beginning and Expanding Farmer Loan Program) provides new farmers tax-exempt financing for capital purchases.

Other Tools

  • Angel funding support and opportunities.
  • 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.
  • Business Retention Services Program is designed to help private sector companies with multi-industry expertise in finance, marketing, operations, turnarounds, restructurings, feasibility studies, etc.
  • Brownfields Redevelopment assists by providing financing for activities from site assessment to cleanup for properties where known or suspected environmental contamination is a barrier to redevelopment.

Business interested in export activities, including financial assistance, should visit our Global Connections section. Those interested in tax incentives will find a listing on our Tax Incentives page.