Oregon Microenterprise Network

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    CapitalLink: Oregon's Revolving Loan Fund for Microbusiness

    Many community development organizations in Oregon, especially in rural areas, provide considerable guidance and assistance for start-up and emerging microbusinesses but are limited by lack of access to financing for their clients. 

    By partnering with these local business development consultants, OMEN’S CapitalLink program provides access to small loans for communities that are not currently served by a loan fund for microenterprise. In addition, OMEN’s local partners provide loan recipients with training and technical assistance to empower them with the skills and knowledge to help their businesses succeed.

    Eligibility Requirements:

    CapitalLink loans are available to qualified existing private, for-profit businesses or start-up enterprises through the service providers listed below.  To view a map showing which counties each organization covers, click here.  OMEN targets women-owned businesses, minority-owned businesses and those owned by low-to-moderate income individuals.  Loan applicants must be clients of one of the following OMEN member organizations:

  • Lake County Development Corporation
  • MEDAL – Umpqua Community Development Corporation
  • MERIT – Chemeketa Community College
  • Northeast Oregon Economic Development District
  • Oregon Coast Community College SBDC
  • Treasure Valley Community College SBDC
  • Warm Springs Reservation/Eagle Tech Systems
  • Linn Benton MicroBusiness, a program of Willamette Neighborhood Housing Services
  • e-Dev (formerly Lane Microbusiness)

    Types of Financing Available:

    CapitalLink provides first time loans up to $10,000 and growth loans up to $25,000 for those that successfully pay their original loans.

    Terms of CapitalLink Loans:

    The term of the loan is determined by need, but will not exceed three years for loans less than $10,000 or up to 5 years for larger loans.  Based on the business requirements of an enterprise, special terms such as flex-payments and interest-only payments will be considered. 

    CapitalLink interest rates:

    Up to 12%, based on credit history, experience, and collateral available.

    CapitalLink Application Requirements:

  • A completed loan application.
  • A completed business plan.
  • Current business financial statements as well as financial statements from the previous 2 years, as applicable.
  • Business and personal tax returns for the previous 2 years, as applicable. 
  • The business owner’s personal financial statement.
  • A minimum of 30% collateral.

    For more information on CapitalLink, please contact Loan Fund Manager, Dan McGraw at 503.546.9913.
    CapitalLink Informational Brochure (downloadable file)

    • CapitalLink Map - Coverage By County (downloadable file)