Ready to grow your business?
Introducing the Tigard Impact Fund

The City of Tigard has partnered with Business Impact NW to offer business loans exclusively for existing Tigard businesses to help them grow. Business loans range from $5,000 to $100,000 for businesses that have been in operation for at least one year.

Apply for a business loan here

What is the Tigard Impact Fund?

We believe in the power of reinvestment. When you borrow from the Tigard Impact Fund, your business loan repayments are reinvested into the fund, creating a cycle of support for the Tigard business community. As you thrive, more businesses benefit, creating a ripple effect of growth and prosperity.

We recognize the challenges underbanked business owners face when securing traditional business loans. The City of Tigard has committed $400,000 to ensure local businesses have access to the financial resources you need to expand confidently. To facilitate lending decisions, the City has partnered with Business Impact NW, a respected nonprofit Community Development Financial Institution (CDFI) experienced in supporting businesses like yours. Learn more about Business Impact NW.

Business Impact NW is dedicated to serving underbanked business owners who face challenges accessing traditional bank loans. Business Impact NW and the Tigard Impact Fund provide compassionate loans and technical assistance services to small businesses, with an emphasis on working with traditionally underserved populations – entrepreneurial low/moderate income earners, women, BIPOC, veterans, and immigrants or members of the LGBTQ+ community.

Inaugural Loan Made January 2024!

Business Impact NW, Tigard’s CDFI lending partner, and the City of Tigard are proud to announce the approval of the inaugural loan from the $400,000 Tigard Impact Fund. The loan was made to Honey Spicy, a vibrant and thriving Korean fusion restaurant in Tigard, Oregon.  The loan was made on January 29, 2024.  Honey Spicy, located at 11963 SW Pacific Hwy, is a minority-owned business and has been successfully operating since 2018. The funds from this tailored loan will be allocated to contribute to the overall sustainability of the business.

Apply Today

Apply now and take the next step towards business growth and success.

• Connect with our Business Impact NW representative Katelin Enose, Director of Lending.

• If you have any questions about the Tigard Impact Fund contact our Economic Development Team.