Category: Small Business Financing
Funds can be used for acquisitions, construction, modernization, conversion, expansion, repair, equipment, machinery, supplies, start-up costs and working capital; processing and marketing; leasehold improvements, cooperative stock, take out of interim financing, energy projects, and pollution control and abatement.
Provides funds to eligible public, private, or prospective owners and non-profit organizations involved in environmental cleanup and redevelopment of commercial or industrial properties that are idled, underutilized, or abandoned as a result of real or perceived contamination (known as Brownfields).
The CCFF provides both loans and grants to businesses. The maximum amount of a direct loan is $100,000 and the minimum is generally $25,000. The maximum amount of a grant is $20,000 and the minimum is $5,000. State-licenses for-profit and non-profit child care center providers, or those substantially in the process of becoming licenses, are eligible to apply.
Provides assistance to small and medium-sized forest products companies for projects that involve value-added processing of the State’s timber resources. Funding can be used to finance machinery, equipment, fixtures, real estate, engineering costs, construction, inventory, and working capital. Loans from $50,000 to $1,000,000. Average term is 10 years.
Gap financing resource for businesses in (HUD) non-entitled rural areas (Island, San Juan, Skagit- except Mt. Vernon and Anacortes and Whatcom Counties –except Bellingham – are considered “rural”). Funds can be used for acquisition, engineering, improvement, rehabilitation, construction, operation, or maintenance of any property, real or personal, that is used or working capital.
