- Government
-
- City Council & Mayor Ordinances Resolutions Agendas and Meetings Boards and Commissions City Charter Contact Us
- Departments A-Z Administration City Attorney City Manager City Recorder Court Human Resources Community Development Building Economic Development Planning Tourism Emergency Management
- Finance Library Municipal Services Billing (Water Bill) Police 9-1-1 Code Compliance Public Works Engineering Maintenance Operations
-
- Community
- Business
- How Do I
-
- Find info on Public meetings Apply for a job Apply for an internship Contact the City Council Submit a Public Records Request Report an issue in Newberg Find a leak Find pavement maintenance information View the City Events calendar Apply for a library card Find the city on Social Media
- Pay my Municipal Services Statement (Water Bill) Read my Municipal Services Statement (Water Bill) Access Municipal Services Programs Know if I need a building permit Apply for a building permit Schedule an inspection Recycle Buy Compost Get a water conservation kit
- Apply for a Police ride-along Volunteer as a Reserve Officer Pay My Parking Ticket File a Code Complaint Obtain an animal permit
-
Newberg Economic Development Revolving Loan Fund
Are you wanting to expand your business and looking for low cost financing to do it?
The Economic Development Revolving Loan Fund (EDRLF) is a low interest loan program that aims to assist new businesses and encourage the expansion of existing local businesses. The amount of available funds for lending by the Revolving Loan Fund Program depends on the accumulation of portfolio’s repayment. Checklist items for eligibility are as follows:
- Business financial statements for the previous three years
- Business financial statement within the past 90days
- Projected income statement for two years
- Breakdown of the use of proceeds
- Personal financial statement
- Resume
The Mid-Willamette Valley Council of Governments provides incentives that help small companies expand or start a new venture through low interest loans or loan guarantees. The Council of Governments, U.S. Small Business Administration, Rural Business Cooperative Service, Cascades West Financial Services, State of Oregon Economic and Community Development Department, U.S. Economic Development Administration and local governments in the four county service area have all partnered together to promote the success of small, local businesses.
The second link provides additional information on the program’s terms and guidelines. The loan fund was created in March 2010 to give some financial stability to local businesses.
For any questions or comments please contact:
Jeff Hilderbrand, Loan Program Manager
Mid-Willamette Valley Council of Governments
(503) 540-1613
Email: jhilderbrand@mwvcog.org