Resources
Application FilesDownload to Fill-in and Save
- Program information and Application
- Personal Financial Statement (Excel)
Application is submitted to the small business development counselor from the Small Business Development Center (SBDC) at your local community college or other certified entity.
For Certified Entities
Who's Using This Program?
Oregon Administrative Rules
Oregon Revised Statutes (ORS)
Entrepreneurial Development Loan Fund
The Entrepreneurial Development Loan Fund (EDLF) provides direct loans to help start-ups, micro-enterprises and small businesses expand or become established in Oregon. This fund fills a niche not provided through traditional lending markets.
Participants must meet one, or both, of the following criteria:
- have revenues of less than $500,000 in the previous 12 months or
- be a business owned by a severely disabled person.
Loans are:
- a maximum amount of $75,000 ($100,000 total loans),
- generally a maximum term and amortization of 5 years and
- a fixed interest rate of Prime plus 2%, minimum.
Applications must show that the business:
- can provide good and sufficient collateral for the loan,
- possesses a reasonable capacity to repay the loan,
- meets program equity requirements,
- is enrolled in small business counseling through Certified Entities and
- meets other criteria outlined in the EDLF Application and Oregon Administrative Rule.
Certified Entities
The following organizations are certified to provide small business counseling:
- Small Business Development Centers (SBDCs)
There are 19 SBDC locations around the state. Find a center near you. - Oregon Association of Minority Entrepreneurs (OAME), Portland, Oregon, 503-249-7744
- Mercy Corps Northwest, Portland, Oregon, 503-896-5075
- SCORECounselors to America's Small Business
SCORE is a nonprofit association and a resource partner with the U.S. Small Business Administration (SBA). Portland Chapter; Central Oregon Chapter; Salem Chapter - Hispanic Metropolitan Chamber, Portland, Oregon, 503-222-0280
- Micro Enterprise Services of Oregon, Portland, Oregon, 503-841-3351
- Neighborworks Umpqua (formerly Umpqua Community Development Corp.), serving Coos, Curry and Douglas counties, 541-673-4909
- Oregon Native American Business Network (ONABEN)