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Monday, March 29, 1999

Financing alternatives

Having trouble finding financing? Don't give up. Check out these Seattle-area resources:

Community Capital Development
P.O. Box 22283
Seattle, WA 98122
Offers planning assistance and loans to businesses within Seattle's city limits. Is the intermediary for the U.S. Small Business Administration's Women and Minority Prequalification Program.

Cascadia Revolving Loan Program
119 First Ave. S., Suite 100
Seattle, WA 98104
Nonprofit community loan fund that provides loans and technical assistance to firms that restore or preserve the environment, to low-income women- and minority-owned businesses, nonprofits, worker-owned cooperatives, rural enterprises and community-based organizations.

Development Loan Fund
Department of Community Development
906 Columbia St. S.W.
P.O. Box 48300
Olympia, WA 98504-8300
Provides loans of up to $350,000 through combined state and federal resources for businesses in distressed rural areas to create new jobs, particularly for lower-income workers.

Snohomish County Private Industry Council
SBA Microloan Program
917 134th St. S.W., A-10
Everett, WA 98204
Loan program for qualified small businesses in Adams, Chelan, Douglas, Grant, King, Kittitas, Klickitat, Okanogan, Pierce, Skagit, Snohomish, Whatcom and Yakima counties.

King County Community Development Interim Loan Program
King County Economic Development Office
516 Third Ave., Room 420
Seattle, WA 98104
Provides short-term financing for economic-development projects that create or retain jobs for low- to moderate-income workers.

Washington Community Alliance for Self-Help (CASH)
7755 45th Ave. N.E.
Seattle, WA 98115
Helps people with low incomes start and grow small businesses, usually out of their homes. Services include 20 hours of practical business training, credit (loans range from $500 to $5,000), technical assistance and peer support.

Small Business Administration
Seattle Business Enterprise Center
Park Place Building
1200 Sixth Ave., Suite 1700
Seattle, WA 98121
(206) 553-7310.
Web site:
Information on SBA-backed loans and other services is available at the center, a clearinghouse of small-business facts and resources.


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