Capital and Community Lenders

Community lenders provide education, outreach, and lending options for low-income and under-served populations. Their innovative lending solutions create financial self-sufficiency.

Learn more about some of our Seattle community lenders below.

Business Impact Northwest

  • Provides entrepreneurs with access to capital, from $2,500 to $350,000. They also help businesses achieve their goals with free one-on-one coaching, workshops, and seminars.

  • Contact Business Impact NW at info@businessimpactnw.org or (206) 324-4330. 

Craft3

  • A non-profit lender that works with entrepreneurs unable to qualify for bank financing. This includes borrowers with credit challenges, incomplete financials, or limited collateral. They provide flexible loans from $25,000 to $3.5 million with streamlined review and underwriting for loans under $250,000. Craft3 also offers lower rates for qualified BIPOC borrowers.  

  • Contact Stephanie Lachman, Business Lender, at (888) 231-2170 x525.

Grow America Fund

  • Provides entrepreneurs with access to capital and a review of their investment preparedness. They can work with you toward your borrowing goals with loans from $75,000 to around $2,000,000. Their capital products come with competitive rates and terms plus little or no down payment. Products include permanent working capital, expansion loans, tenant improvement loans, and funds for equipment. Grow America Fund also provides free one-on-one business coaching, workshops, courses, and seminars.  

  • Contact Brian Salva, Lending Manager, at bsalva@growamerica.org.

Rainier Valley Community Development Fund

  • Assists businesses along the Martin Luther King Jr. corridor in southeast Seattle. Loans range from $50,000 to $2 million with flexible payment terms and interest rates. Their loan criteria are not the same as those at traditional lending agencies. They look at factors like character, business capacity, projected cash flow, and the impact a business will have on the community.

  • Contact Bob Luciano, Director of Community Outreach and Engagement, at bluciano@rvcdf.org or (206) 722-5282. 

 

The City of Seattle encourages everyone to participate in its programs and activities. For additional questions, translation or interpretation, technical assistance, disability accommodations, materials in alternate formats, or accessibility information, please contact the Office of Economic Development at (206) 684-8090 or oed@seattle.gov.

Economic Development

Markham McIntyre, Director
Address: 700 5th Ave, Suite 5752, Seattle, WA, 98104
Mailing Address: PO Box 94708, Seattle, WA, 98124-4708
Phone: (206) 684-8090
Phone Alt: (206) 684-0379
Fax: (206) 684-0379
oed@seattle.gov

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The mission of the Office of Economic Development (OED) is to help create healthy businesses, thriving neighborhoods, and community organizations to contribute to a robust economy that will benefit all Seattle residents and future generations.