Meet Our Commercial Lending Team picture_mikewebb Bob Edstrom
EVP, Chief Credit Officer
picture_mikewebb Mike Webb
VP, Commercial Relationship Manager
NMLS #402704
picture_deenagisholt Deena Gisholt
VP, Branch Manager & Commercial Relationship Manager
NMLS #402700
picture_cindykent Cindy Kent
VP, Commercial Relationship Manager
NMLS #402701
picture_timcorzine Tim Corzine
VP, Commercial Relationship Manager
picture_caseystewart Casey Stewart
VP, Commercial Relationship Manager
NMLS #947785
Business Lending
Small Business Lending Solutions As a community bank, we know how hard it can be to run your own business, and we applaud you for having the courage to do so. At Oregon Pacific Bank, lending to small business owners is one of our specialties. As our business client, you'll benefit from working with a team of local decision makers who will take the time to sit down with you in person and discover the best way to approach your individual business needs.
Commercial Real Estate Loans
  • For expansion, relocation, or purchase of initial property
  • Owner occupied, investment, and multifamily real estate
Equipment Financing
  • For long-term working capital, vehicles, and other equipment (logging, medical, office supplies, etc.)
  • Available for purchase transactions or refinance of existing debt
Revolving Line of Credit
  • For short-term working capital
  • Seasonal expenses, payroll, or inventory purchases
  • Interest paid on average outstanding principal balances
Term Loans
  • For fixed-asset financing and permanent working capital
Construction Loans
  • For construction, remodel, or repair of commercial property
Business Government Guaranteed Loans Oregon Pacific Bank specializes in providing various guaranteed loan programs that can be tailored to meet the specific financial needs of our small business clients. Several of these guarantee programs enable the Bank to offer rate, term and loan structure options that are not normally available to regular commercial borrowers.
Business Oregon - Oregon Credit Enhancement Fund
  • Loan directly funded by Oregon Pacific Bank
  • Maximum insurance of $2 million on term loans and $1.5 million on lines of credit
  • Proceeds can be used to purchase fixed assets or provide working capital
Business Oregon - Oregon Business Development Fund
  • Participants must create or retain jobs in manufacturing, processing, or distribution
  • Direct loan from Business Oregon and Oregon Pacific Bank. Business Oregon loan subordinated to Bank loan to supplement equity requirement
  • Business Oregon loan amount cannot exceed $1 million. Bank loan is unlimited
  • Proceeds can be used to finance land, buildings, equipment, and permanent working capital
USDA - Business & Industry Guaranteed Loan Programs
  • Loan directly funded by Oregon Pacific Bank
  • Loans up to $10 million
  • Proceeds can be used to acquire a business when the loan will retain or increase jobs, develop, modernize, or repair operating facility, purchase real estate, equipment, or inventory
  • Program is limited to rural communities with less than 50,000 people
Small Business Administration - 504/CDC Loan
  • Direct loan from Certified Development Co,(CDC) and Oregon Pacific Bank. CDC loans subordinated to Bank loan to supplement equity requirement
  • Up to 90% combined financing. Additional equity may be required if new business, or if asset is deemed to be single purpose
  • Proceeds can be used to purchase land and improvements, construction of new facilities, and the purchase of long-term machinery and equipment
Small Business Administration - 7(a) Loan Guarantee Program
  • Loan directly funded by Oregon Pacific Bank
  • Loans up to $5 million
  • Proceeds can be used to purchase real estate, equipment, supplies, and materials, establish a new business, or acquire a business
  • Refinance of existing business debt under certain conditions

*Rates are effective as of 4/24/2015 and are subject to change at any time. Rates are based on credit history and loan size and subject to credit approval. Rates assume new loans to Oregon Pacific Bank. Rates assume monthly auto-payment from an Oregon Pacific Bank deposit account; otherwise the rate will be 0.50% higher. Rates assume maximum 100% loan to value financing on purchases; maximum 80% loan to value on refinancing. Other fees may apply.