Business Loans Manager
Debra Beavin
(360) 725-4046 

 
Financing Tools
INCOME
$42,356
PATENTS
1.71
Per 1,000 workers
EDUCATION
31%
College Degree or Higher
UNEMPLOYMENT
8.5%
December 2011
TOT. EXPORTS
$53.2B
 

The Washington State Department of Commerce has a team of professionals to assist businesses with their financing needs by packaging loan programs or by matching a partner service provider with a business. They work with businesses to strengthen and diversify the state's economy through a variety of grant, loan and bond programs. These programs assist existing companies within our communities, but also encourage future growth and expansion of new businesses by creating tools that help small and large business access capital for future investment.

Our tools consist of the Community Economic Revitalization Board (CERB) , several loan and bond programs and the department's Brownfields assistance programs.

 
CERB

The Community Economic Revitalization Board (CERB) is Washington's strategic economic development resource, focused on creating and retaining jobs in partnership with local government. CERB finances public infrastructure to encourage new development and expansion in targeted areas.

CERB projects range from feasibility studies to the construction of incubator facilites or engineering and construction for docks or other facilities. CERB staff will work with you to evaluate your project and assist you through the application process.

Loans and Bond Programs

Assisting companies in the phases of doing business is important, whether it is at start-up or expansion. Washington has developed loan and bond programs that can provide the needed access to capital for important expansion or start-up projects.

 
 
Brownfields

The clean-up and reuse of Brownfields is an important economic development tool that encourages redevelopment of previous commercial and industrial properties. The department has worked closely with federal, state, and local agencies to provide assistance to these projects.

The Brownfields Revolving Loan Fund (BRLF) facilitates public and private sector cleanup and redevelopment of commercial or industrial brownfield properties that are idled, underutilized or abandoned as a result of contamination (real or perceived).

Assistance with Brownfields is provided throughout the Brownfields Coalition , a partnership of state and local agencies working to make brownfield redevelopment easier.

 
Other Resources
 
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