- Published: Wednesday, 07 June 2006 17:00
- Written by Nancy Mccarthy of The Skanner
It's not unusual for small-business owners to find themselves in a financial pinch once in awhile. There's an unexpected emergency or a temporary downturn in sales. Or there's a need to expand, and the bank won't approve a loan for the entire amount needed.
To bridge that funding gap, small-businessoperators will be able to turn to the Portland Development Commission for loans through a new program soon to be offered to businesses in Portland's low-income neighborhoods.