McKenzie River Chamber of Commerce

The McKenzie Chamber of Commerce is holding its Annual Meeting for members and non-members of the community on April 7th from 1 to 3 p.m. at Takoda’s Restaurant in Rainbow. At the annual meeting, the chamber will hold its annual elections. Members and non-members are invited to attend.

Maia HardyNIMROD: Business owners and people planning start-ups heard some interesting news this month from Maia Hardy. Speaking at a meeting of the McKenzie River Chamber of Commerce, Hardy outlined loan programs targeting rural businesses that are available through Community LendingWorks (CLW).
“We are a community development financial institution,” Hardy said, adding, “We’re a non-governmental lending institution that does affordable ‘mission lending’ for folks who have had a hard time accessing loans through a traditional bank.”
Community LendingWorks was established in 2012 under the wing of the Neighborhood Economic Development Corporation, which, for 35 years, has worked primarily in the Eugene/Springfield metro area. It has offices both in Marion and Clackamas County as well.. NEDCO’s programs have ranged from home ownership loans to supporting business incubators.

The business model for CLW includes a revolving loan fund, according to Hardy. “A credit score is not a determining factor for getting a loan. We take a holistic look at the business and work with them if they need more of a financial education.” That additional assistance can involve one-on-one counseling or small business classes and helping them with marketing.

 

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McKenzie River Reflections is the weekly newspaper serving Oregon's McKenzie River Valley. Available by mail for $23/yr in Lane County, $29/yr outside Lane. Digital subscriptions are $23/yr. Subscribe at: http://mckenzieriverreflectionsnewspaper.com/catalog/subscriptions-0. Purchase copies online at: http://mckenzieriverreflectionsnewspaper.com/catalog/back-issues-0. Read about area communities including Cedar Flat, Walterville, Camp Creek, Leaburg, Vida, Nimrod, Finn Rock, Blue River, Rainbow and McKenzie Bridge.