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About Portland observer. (Portland, Or.) 1970-current | View Entire Issue (Oct. 7, 1998)
■ O ctober 7,19 9 8 • C 1 6 (E ljr J .ln r tln n îi ( P h g m i c r ’a ií n in o Rit y (Easiness Resources For Business Capital L aila F. C ully The O reeon Econom ic D evelopm ent D epartm ent offers various finance program s: I. C apital Access Program (CAP) The Capital A ccess Program increases the availability o f loans to O regon sm all businesses from banks. The program provides loan portfolio insurance, so lenders may make loans that carry higher than conventional risks, but that are w ithin the soundness and safety requirem ents o f federal and state banking regulations. The program is non-beauracratic and flexible. A CA P loan is a private transaction betw een borrow er and lender. The lender may extend a term loan, a line o f credit, or both, and under w hatever arrangem ents are agreed to with the borrower. CAP may ba used to cover the full am ount o f the loan or line o f credit, or a portion o f it. C ontact: D avid Dahlin, O regon Economic D evelopm ent D epart ment, 775 Sum m er St. NE. Salem, O r 9 7 3 10. Phone: 503.986.0170 or Fax: 5 0 3 .5 8 1.5 1 15. 2. O regon E ntrepreneurial D evelopm ent Loan Fund The O regon Entrepreneurial D evelopm ent Loan Fund (ED LF) allow s the O regon Econom ic D evelopm ent Department to make initial loans o f up to $25,000 to entrepreneurial businesses. ¿f-ßmurxtü ^Business bv To be elieible, the applicants m ust m eet two o f the foU ow ine conditio ns : - The business has not been operating for m ore than 24 m onths. - The business has revenues o f $ 100,000 or less. - The business is ow ned by a severely disabled person. In addition, the fo llo n in g requirem ents m ust be met: * The applicant has enrolled in a Small Business Development Center (SBD C) small business m anagem ent program or a certified business assistance organization, such as the O regon A ssociation o f M inority Entrepreneurs, (OAM E). * The applicant has prepared a business plan and has had it reviewed by an SBDC or other certified entity, such as OAM E. * An expenditure plan and application has been prepared. Proeram Achievements: This program provides financing for start up business. Loans have been extended to 135 companies, throughout the state, in the m anu facturing, services, construction, distribution and retailing sectors. Contact: M ike Forsee, Oregon Economic Development Depart ment, 775 Sum m er St. NE. Salem, OR. 97310. Phone: 503.986.0168 Fax: 503.581.5115. Ma “n” Pa Strong’s You’ve tried the re s t. Some say their’s the best, we jest say. You Can Now Find Us On The Web! h t t p : // wwportfcuid observer.net or e-m ail at PDXOBSERV Q aol.com African American Appointed Sam Jackson has volunteered and has been accepted as the African American Coordinator in the the Department ofPastoral Serv ices for the Archdicese o f Portland in Or egon. This appointment became offi cial on July 22, 1998. During the last 22 years, Sam has worked with the Portland Black Catholic Lay Caucus. Sam can be reached at 503-233- 8341. A t im e t o R e fle c t o n o c ir a c h ie v e m e n ts op th e p a s t a n d c o m m it t o OUR pROQRess in th e fu ta R e , a s a c o m m u n it y . I i l l l c { 'I m p e l n l ll ic ( ii i m c s Punenti I lo m e had already lieen su p p o rtin g th e fam ilies o f I’m lim ili A fte r 8 5 y e a r s, o u r c o m m it m e n t t o th e fam ilies o f o u r c o m m u n ity c o n tin u e s . W e are here in tim e s o l n e e d , ju st as A H istory o f S ervice . w e alw ays h ave b e e n . A tra d itio n th a t c o n tin u e s. It is a r e s p o n s ib ility th a t w e h o n o r . It is o u r rea so n CfrapèCofihCfnmes for b e in g . 430 N. Killingsworch Street Portland. Oregon 97217-2499 Id.. 503.283.1976 Fax: 5OJ.283.1979 A PROUD HERITAGE OF SERVICE SINCE 1 9 1 2 HRS YOÜR PHONE BEEN DISCONNECTED? Simply Cellular £■ Telephone rMOooOFF" “WE SERVE MIGHTY GOOD FOOD” REKAH STRONG - OWNER Cascade Plaza 4134 N. Vancouver, Portland, OR. 97217 (503) 493-7355 Music Millennium 3 2n d & E. B urnside 2 3 1 -8 9 2 6 2 3 rd & NW Johnson 2 4 8 -0 1 6 3 3939 NE Martin Luther King Jr Blvd. Suite 109 TELEPHONE RECONNECTION (Reg. $45.00) 280-8000 Hours: Mon.Tri. I Oam - 6pm, Sat. By Appointment Telephone Reconnections Cellular ■ Paging ■ Sales ■ Service NO CREDIT REQUIRED US W est Service Areas O nly > Regardless Of Your Back Bill ■ No Credit Checks « No Deposits ■ Service Restored In 2 to 3 Days • Affordable Rates ■ No Hidden Fees W «h Tins Coupon Not Valid With Any Other Offer Expires 11 /27/9R http /Z w w w . simplycellular com j Mall 205 10428 SE Stark Portland, OR. (503) 2524062 The Dalles 1700 W. 6th Avenue The Dalles, OR. (541)296 3648 Orchards 10412 NE Fourth Plain Blvd. , Orchards, WA. (360) 254 4153 Mill Plain 400 E. Mill Plain Blvd. Vancouver, WA. (360) 696 1016 Clackamasl 5815 SE 82nd Drive Clackamas, OR. (503) 557 8048 Salem 3680 Market St. SW. Salem, OR (363) 733 3370 Downtown 425 NE Hassalo Portland OR. (503) 235 1028 Jantzen Beach 1220 N Center St. 12201 Portland, OR (503) 289 5808 Hazel Dell 7815 NE 6th Avenue Vancouver, WA (360)574 0471 Beaverton 8787 SW Scholls Ferry Rd Beaverton, OR. (503) 641 1752 Town Center 12001 SE 82nd Avenue, Portland, OR. (503) 659 1013 Gresham 105 E. Burnside Rd Denny’s Green Team Restaurants Salute Minority Businesses Denny’s Is committed to providing the best possible service to sll customers regardless of race, creed or national origin. Fax 247-9474 i 1SS* : ¿V
