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January Debenture Interest Rates: 20 year 4.84% / Refi 5.04% and 10 year 3.77% / Refi 4.20%

Welcome to Cascades West Financial Services, Inc.

We are a private, non-profit, SBA Certified Development Company providing financial and technical assistance to all counties within the state of Oregon. Cascades West Financial Services is the largest Oregon based certified development company, participating in SBA`s Accredited Lenders and Certified Closing Programs. This special status allows us to quickly process complex commercial loan transactions.

Our Mission is to facilitate the growth, expansion and diversification of the local economy by providing financial assistance to start-up and expanding businesses through offering a variety of U.S. Small Business Administration loans and programs.

Our Service Area currently consists of all counties in Oregon as well as Skamania & Clark counties in Washington.
We are also authorized to do loans in Alaska on a case by case basis.

Our Programs are designed for small businesses that do not qualify for conventional commercial loans through lending institutions. Government guaranteed and direct loans are available which allows credit worthy businesses and transactions to get finances, generally through a participatory relationship with a commercial bank.

    SBA 504: For-profit businesses financing land and building acquisition, construction, or remodeling; machinery and equipment.

    Microloan Program: A working capital and equipment short-term financing program, designed for businesses that need small commercial loans.
Our Commercial Lending Staff are experts in all government loan programs, providing excellent advice and counsel to the small business owners and private commercial lenders.

Federal Notice: To help the government fight the funding of terrorism and money laundering activities, Federal law requires all Certified Development Companies to obtain, verify and record information that identifies each person who applies for a loan.


Recent News

Major Revision of 504 Temporary Debt Refinance Program

SBA has revised its 504 debt refinancing program. The revisions should make the 504 program much more useful to small businesses seeking to refinance their debt or obtain today’s extraordinary low 504 rates.
The first mortgage lender and 504 Loan will no longer be limited to the outstanding principal balance of the debt being refinanced, i.e., the first mortgage loan will no longer be based on 50% of the appraised value. Instead, the project will be based on actual costs.  The financing structure will be the same as the regular 504 program.
SBA will now permit borrowing to fund approved and reasonable business expenses if the Borrower has sufficient equity (based on a 90% LTV) in excess of the amount to pay off the qualified debt. Eligible business expenses may include rent, utilities, inventory or other business obligations. Eligible Business Expenses means expenses incurred, but not paid, prior to the date of the 504 loan application that will come due within 18 months of that date.
For more information on the SBA Refinance Program you can get the quick facts at http://www.sba.gov/content/504-loan-refinancing-program