{"id":100,"date":"2019-01-20T18:42:44","date_gmt":"2019-01-20T18:42:44","guid":{"rendered":"https:\/\/ccdbusiness.org\/staging\/?page_id=100"},"modified":"2024-11-22T18:50:49","modified_gmt":"2024-11-22T18:50:49","slug":"obdf","status":"publish","type":"page","link":"https:\/\/ccdbusiness.org\/staging\/obdf\/","title":{"rendered":"OBDF Loan"},"content":{"rendered":"<div class=\"brz-root__container brz-reset-all brz\">{{ brizy_dc_global_blocks position=&#8217;top&#8217; }}<\/p>\n<section id=\"{{placeholder content='e3sgcmFuZG9tX2lkIH19' key='wjbvspqauw'}}_wjbvspqauw\" class=\"brz-section brz-css-mcae4\">\n<div class=\"brz-section__content brz-section--boxed brz-css-sye5z brz-css-cje5z\" data-brz-custom-id=\"fheajoqfgo\">\n<div class=\"brz-bg\">\n<div class=\"brz-bg-color\"><\/div>\n<\/div>\n<div class=\"brz-container brz-css-crVPq\">\n<div class=\"brz-row__container brz-css-fkwB6\" data-brz-custom-id=\"cgtswgwdxq\">\n<div class=\"brz-bg\"><\/div>\n<div class=\"brz-row brz-css-xE82z brz-css-xkW6D\">\n<div class=\"brz-columns brz-css-o1p2f brz-css-tPIR_\" data-brz-custom-id=\"gxqnennncs\">\n<div class=\"brz-bg\"><\/div>\n<div class=\"brz-column__items brz-css-b8ZJ6\">\n<div id=\"\" class=\"brz-css-wfi8k brz-wrapper\">\n<div class=\"brz-rich-text brz-rich-text__custom brz-css-gEpjb\" data-brz-custom-id=\"qlgucevwqe\">\n<div data-brz-translate-text=\"1\">\n<h2 class=\"brz-tp-heading2 brz-css-oCTTZ\"><span class=\"brz-cp-color2\">Oregon Business Development Fund Loan Program<\/span><\/h2>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"brz-columns brz-css-o1p2f brz-css-aL3cG\" data-brz-custom-id=\"gqqarqnymj\">\n<div class=\"brz-bg\"><\/div>\n<div class=\"brz-column__items brz-css-b8ZJ6\">\n<div id=\"\" class=\"brz-css-wfi8k brz-wrapper\">\n<div class=\"brz-rich-text brz-rich-text__custom brz-css-gEpjb\" data-brz-custom-id=\"zlgmbvnrxl\">\n<div data-brz-translate-text=\"1\">\n<p class=\"brz-tp-paragraph brz-css-z1DCP\"><span class=\"brz-cp-color7\" style=\"background-color: transparent;\">CCD Business Development Corporation markets and packages the OBDF Loan Program for the state of Oregon.&nbsp;<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"\" class=\"brz-css-wfi8k brz-wrapper\">\n<div class=\"brz-rich-text brz-rich-text__custom brz-css-gEpjb\" data-brz-custom-id=\"lenngkemxd\">\n<div data-brz-translate-text=\"1\">\n<p class=\"brz-tp-paragraph brz-css-lAZrH\"><span class=\"brz-cp-color7\">The OBDF is a revolving loan fund that provides term fixed-rate financing for land, buildings, equipment, machinery, and permanent working capital. Participants must create or retain jobs and must typically be a traded-sector business in manufacturing processing or distribution. The program gives preference to projects located in rural and distressed areas and to small businesses with fewer than 100 employees.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"\" class=\"brz-css-wfi8k brz-wrapper\">\n<div class=\"brz-line brz-line-default brz-css-bnshG\" data-brz-custom-id=\"oqxeymkgah\">\n<hr class=\"brz-hr\"><\/div>\n<\/div>\n<div class=\"brz-row__container brz-css-fkwB6\" data-brz-custom-id=\"zmxcozheel\">\n<div class=\"brz-bg\"><\/div>\n<div class=\"brz-row brz-css-xE82z brz-css-xkW6D\">\n<div class=\"brz-columns brz-css-o1p2f\" data-brz-custom-id=\"uhpctrvgzp\">\n<div class=\"brz-bg\"><\/div>\n<div class=\"brz-column__items brz-css-b8ZJ6\">\n<div id=\"\" class=\"brz-css-wfi8k brz-wrapper\">\n<div class=\"brz-rich-text brz-rich-text__custom brz-css-gEpjb\" data-brz-custom-id=\"jzceekkwdb\">\n<div data-brz-translate-text=\"1\">\n<p class=\"brz-tp-heading4 brz-css-pXmD0\"><span class=\"brz-cp-color7\">Typical OBDF loans have:<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"\" class=\"brz-css-wfi8k brz-wrapper\">\n<div class=\"brz-rich-text brz-rich-text__custom brz-css-gEpjb\" data-brz-custom-id=\"evdgecmbgu\">\n<div data-brz-translate-text=\"1\">\n<ul>\n<li class=\"brz-tp-paragraph brz-css-oCYGB\"><span class=\"brz-cp-color7\">A maximum amount of $1,000,000<\/span><\/li>\n<li class=\"brz-tp-paragraph brz-css-hef7g\"><span class=\"brz-cp-color7\">A maximum term and amortization of 20 years or the useful life of the project and\/or collateral&nbsp;<\/span><\/li>\n<li class=\"brz-tp-paragraph brz-css-kHcEf\"><span class=\"brz-cp-color7\">A fixed interest rate of U.S. treasury bills plus 1% APR (min 4% APR)<\/span><\/li>\n<li class=\"brz-tp-paragraph brz-css-kIQKT\"><span class=\"brz-cp-color7\">A 1.5% loan origination fee&nbsp;<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"brz-columns brz-css-o1p2f\" data-brz-custom-id=\"qiyflnyurx\">\n<div class=\"brz-bg\"><\/div>\n<div class=\"brz-column__items brz-css-b8ZJ6\">\n<div id=\"\" class=\"brz-css-wfi8k brz-wrapper\">\n<div class=\"brz-rich-text brz-rich-text__custom brz-css-gEpjb\" data-brz-custom-id=\"dbkdiovtzs\">\n<div data-brz-translate-text=\"1\">\n<p class=\"brz-tp-heading4 brz-css-bv0cF\"><span class=\"brz-cp-color7\">Applications must show the business:<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"\" class=\"brz-css-wfi8k brz-wrapper\">\n<div class=\"brz-rich-text brz-rich-text__custom brz-css-gEpjb\" data-brz-custom-id=\"nchxosmitx\">\n<div data-brz-translate-text=\"1\">\n<ul>\n<li class=\"brz-tp-paragraph brz-css-rjBxS\"><span class=\"brz-cp-color7\">Has the ability to create or retain jobs as a result of the loan<\/span><\/li>\n<li class=\"brz-tp-paragraph brz-css-xj7c0\"><span class=\"brz-cp-color7\">Is a traded-sector manufacturing, production, processing, or distribution company<\/span><\/li>\n<li class=\"brz-tp-paragraph brz-css-appyP\"><span class=\"brz-cp-color7\">Has a commitment to lend from a qualified private financial partner or economic development organization (like CCD)&nbsp;<\/span><\/li>\n<li class=\"brz-tp-paragraph brz-css-ak5Nx\"><span class=\"brz-cp-color7\">Can provide good and sufficient collateral for the loan<\/span><\/li>\n<li class=\"brz-tp-paragraph brz-css-qqKSJ\"><span class=\"brz-cp-color7\">Possesses a reasonable capacity to repay the loan<\/span><\/li>\n<li class=\"brz-tp-paragraph brz-css-c4Bny\"><span class=\"brz-cp-color7\">Meets the other criteria outlined in the OBDF aApplication and Oregon Administrative Rule&nbsp;<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"\" class=\"brz-css-wfi8k brz-wrapper\">\n<div class=\"brz-line brz-line-default brz-css-bnshG\" data-brz-custom-id=\"ohtvdmlgvyrxpowjgtmnxnuhkfglniidrmgn\">\n<hr class=\"brz-hr\"><\/div>\n<\/div>\n<div id=\"\" class=\"brz-css-wfi8k brz-wrapper\">\n<div class=\"brz-rich-text brz-rich-text__custom brz-css-gEpjb\" data-brz-custom-id=\"ojbshxsuxttmkyaqftlhqfnuobgteburjwli\">\n<div data-brz-translate-text=\"1\">\n<p class=\"brz-tp-heading2 brz-text-lg-justify brz-css-xX8tu\"><span class=\"brz-cp-color7\">How do I start?<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"\" class=\"brz-css-wfi8k brz-wrapper\">\n<div class=\"brz-rich-text brz-rich-text__custom brz-css-gEpjb\" data-brz-custom-id=\"uwciledhxhbieorrpjjtyhczqwakfwesnfrh\">\n<div data-brz-translate-text=\"1\">\n<p class=\"brz-tp-paragraph brz-css-aIs5Z\"><span class=\"brz-cp-color7\">To find out if an OBDF loan is right for you, contact us to schedule an introductory evaluation.&nbsp;<\/span><\/p>\n<p class=\"brz-tp-paragraph brz-css-wL0lD\"><span class=\"brz-cp-color7\"> <\/span><\/p>\n<p class=\"brz-tp-paragraph brz-css-hzBSZ\"><strong class=\"brz-cp-color7\">Michele Laird<\/strong><span class=\"brz-cp-color7\">, Business Finance Manager, <\/span><\/p>\n<p class=\"brz-tp-paragraph brz-css-vcjV1\"><span class=\"brz-cp-color7\">541-756-4101 x3, <\/span><\/p>\n<p class=\"brz-tp-paragraph brz-css-kTsa7\"><a class=\"link--external brz-cp-color7\" href=\"mailto: m.laird@ccdbusiness.com\" data-brz-link-type=\"external\">m.laird@ccdbusiness.com<\/a><\/p>\n<p class=\"brz-tp-paragraph brz-css-wMZjk\"><span class=\"brz-cp-color7\"> <\/span><\/p>\n<p class=\"brz-tp-paragraph brz-css-cMWsM\"><strong class=\"brz-cp-color7\">Louie Robida<\/strong><span class=\"brz-cp-color7\">, Loan Officer, <\/span><\/p>\n<p class=\"brz-tp-paragraph brz-css-aC5jS\"><span class=\"brz-cp-color7\">503-789-8191,&nbsp;<\/span><\/p>\n<p class=\"brz-tp-paragraph brz-css-hEkf4\"><a class=\"link--external brz-cp-color7\" href=\"l.robida@ccdbusiness.com\" data-brz-link-type=\"external\" target=\"_blank\">l.robida@ccdbusiness.com<\/a><span class=\"brz-cp-color7\"> <\/span><\/p>\n<p class=\"brz-tp-paragraph brz-css-f03G_\"><span class=\"brz-cp-color7\"> <\/span><\/p>\n<p class=\"brz-tp-paragraph brz-css-rAKcu\"><span class=\"brz-cp-color7\"> CCD is an Equal Credit Opportunity Lender.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<p>{{ brizy_dc_global_blocks position=&#8217;bottom&#8217; }}<\/p><\/div>\n<p>    <!-- version:1732301449 --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>{{ brizy_dc_global_blocks position=&#8217;top&#8217; }} Oregon Business Development Fund Loan Program CCD Business Development Corporation markets and packages the OBDF Loan [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"class_list":["post-100","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/ccdbusiness.org\/staging\/wp-json\/wp\/v2\/pages\/100","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ccdbusiness.org\/staging\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/ccdbusiness.org\/staging\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/ccdbusiness.org\/staging\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ccdbusiness.org\/staging\/wp-json\/wp\/v2\/comments?post=100"}],"version-history":[{"count":30,"href":"https:\/\/ccdbusiness.org\/staging\/wp-json\/wp\/v2\/pages\/100\/revisions"}],"predecessor-version":[{"id":7892,"href":"https:\/\/ccdbusiness.org\/staging\/wp-json\/wp\/v2\/pages\/100\/revisions\/7892"}],"wp:attachment":[{"href":"https:\/\/ccdbusiness.org\/staging\/wp-json\/wp\/v2\/media?parent=100"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}