The Washington State Department of Community, Trade and Economic Development offers loan packaging services to minority and women business owners.  Through the Community Development Finance (CDF) Program, you may schedule an appointment with the finance specialist assigned to your geographic area.  The finance specialist will work with you to identify public and private financing opportunities and will assist you in preparing application materials.

Basic Information Needed From You

In order to assist your business needs and suggest appropriate financing resources, the CDF finance specialist will need  to review the specifics of your business project proposal.  Before you schedule an appointment, please assemble the following basic information:

1. A brief description of your business.
   • Describe the market and product or service.
   • Note proposed organizational structure
     (proprietorship, partnership, corporation).
2. Attach a résumé for each principal.
3. A summary of your financing needs.
   • Indicate amounts and sources of equity you will provide.
   • State the amount you wish to borrow.
   • Specify how you plan to use the money
     (land, building, equipment, working capital, etc.).
4. A business year-end financial statements for the past three years.
5. A business financial statement current to within 60-90 days.
6. Personal financial statements for each principal,
   current to within 60-90 days (use a bank form).
• Include copies of past three years' income
  tax returns for each principal.
7. A brief description of the type and number of jobs
   to be created in the next two years.
8. A copy of your OMWBE Certification.

Depending on the nature of your proposal, additional information may be required.

1452 Hudson Street, U.S. Bank Building, Suite 208, P.O. Box 1278 , Longview, WA 98632
Phone: (360) 423-9921 | Fax: (360) 423-1923 | Copyright © 2002 CEDC | ALL RIGHTS RESERVED | Site by Agent 47