Learn More about CDFI's and Small Business Resources in Washington see here
While the federal government does not provide grants for starting or growing small businesses, one of the mechanisms in place to promote small business growth and economic development is the Community Development Financial Institution Fund managed by the US Department of the Treasury.
Community Development Financial Institutions fall into four categories:
Cascadia Revolving Fund
City of Everett CDE LLC
Community Funding Group
Express Credit Union
Kitsap County NMTC Facilitators I, LLC
Lummi Commercial Company
Quinault Indian Nation
Seattle Investment Fund LLC
The Pathfinder Fund, LLC
The Union Credit Union
The SBA is dedicated to lend a hand to the service people in America and directly links with the Patriot Express Loan for veterans who desire to initiate their own business and want to start commercial activities. The SBA also plays a role in encouraging growth and job creation during the process, which is an indispensable part to support economic prosperity.
The Recovery Capital Loans Program provides financial assistance to small business with less than 500 employees to obtain a deferred payment loan from the agency, in order to meet existing debt payments, thereby giving the business the opportunity to refocus their business strategy.