Cascadia Revolving Fund

Seattle WA


Cascadia Revolving Fund was founded in 1985, and serves the states of Washington and Oregon. It supports microenterprises and small businesses through the provision of technical assistance and by making loans of up to $150,000. In 1994, Cascadia began developing the Rural Development Investment Fund (RDIF), which makes equity investments and equity-equivalent investments in rural small businesses. The goal of RDIF is to create or retain jobs with good wages and/or benefits.

CDFI Awards for Cascadia Revolving Fund


SECA (1999) - $50,000

Cascadia will use its technical assistance grant to develop a comprehensive strategic plan provide training for its Board members and identify and install information management systems for creating greater efficiencies in carrying out its lending activities.

CORE (1999) - $2,000,000

Cascadia will use its $2,000,000 award from the CDFI Fund ($1,500,000 equity-like loan, $500,000 capital grant) to increase the capitalization of its RDIF program.



CORE (1998) - $1,170,000

The Fund"s $170,000 grant and $1 million loan will help Cascadia carry out its expansion plans.



CORE (1996) - $600,000

The CDFI Fund will provide a significant infusion of capital to Cascadia through a $600,000 grant. This new capital will enable Cascadia to broaden its service to low-income people throughout Washington and Oregon.



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