Business Assistance

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Financial

Banks:

(located in Lakeview, Oregon)

-Sterling Savings Bank (541) 947-2173

-US Bank (541) 947-3317

-South Valley Bank & Trust (541) 947-3200

Credit Unions:

(located in Lakeview, Oregon)

-Pacific Crest Federal Credit Union (541) 947-4034

Other Sources:

State of Oregon Business Finance Programs

Oregon Business Development Fund provides a revolving loan fund that is administered by the Oregon Economic Development Department http://econ.oregon.gov Manufacturing and processing entities are eligible. The program provides long term, fixed rate financing for land, buildings, equipment, machinery and permanent working capital. Creation or retention of jobs is a criteria of eligibility.

Oregon Capital Access Program is designed to increase availability of loans from banks to small businesses in Oregon. The program provides a form of loan insurance so lenders may make business loans that carry higher than conventional risks.

Oregon Credit Enhancement Fund guarantees to increase capital availability to small businesses. the program guarantees bank loans.

Lake County Community Development Fund - loans up to $35,000 on approved credit

Central Oregon Intergovernmental Council (COIC) - Loans up to 50% of project costs.

Insurance

Liability and Property Damage: Rates are based on an individual basis, depending upon size and product manufactured (lowest rates in the state due to rural areas).

Workers Compensation: Rates are figured on an individual basis with rates varying according to type of work and amount of payroll (per $100 or payroll); average index $3.70 (vs. CA rate of $5.04); OR ranked 32nd in nation; minimum $522.80 per year.

Employee Benefits: (Health, Dental, Retirement, etc.) Rates are figured on an individual basis with rates varying according to type of work and amount of payroll.