Application Files—Download to Fill-in and Save

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 $1,500,000 in the previous 12 months or
  • be a business owned by a severely disabled person.

Loans are:

  • a maximum amount of $250,000,
  • 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: