Financing
The Port has established relationships with the following institutions. These entities have reviewed and approved the Port's standard ground lease, making it easier and faster for you to get the financing you need to begin construction. Contact any one of the individuals listed below to find out more about public and private financing options and be sure to let them know you are working with the Port of Klickitat.
Notice: The inclusion of product, service, link, contact, or other information regarding any company, organization, web site, or individual does not constitute an endorsement by the Port of Klickitat. This information may not be comprehensive and is provided only as a courtesy for the convenience of Port constituents, current and potential tenants, and other visitors to this web site. The order in which companies, organizations, web sites, and/or individuals are listed has no significance. Logos are the trademarks of their respective companies. If any information provided is incorrect or if you would like information about you or your company/organization added or removed, please contact us.
Public Financing

Washington Economic Development Finance Authority
1000 Second Ave. Ste. 2700
Seattle, WA 98104-1046
Funds development meeting certain criteria and based on the Port's standard ground lease. Funding may be for any amount up to 80% of total development costs. Terms are negotiable, but generally include assumption of structure and improvement ownership as well as the ground lease. WEDFA sells bonds, lends the proceeds to manufacturers and processors, and assigns their interest in the loans to the bond purchasers. Because the bonds are secured by payments from the manufacturers or processors, their credit must be good enough to support a commercial loan. Up to $10 million may be borrowed, tax exempt, at a low interest rate for development, expansion, or equipment purchases. Taxable loans may be made in any amount and paired with a tax-exempt loan.
Rodney Wendt
Executive Director
206-587-5634 (tel)
206-587-5113 (fax)
"WEDFA finances some of the best businesses in Washington, and we hope your business is next. Is your company investing in plant expansion or improvement? WEDFA might be able to help. You owe it to yourself to call and find out."
Private Financing

Bank of America
805 Broadway St.
Vancouver, WA 98660
Offers conventional and SBA 504-based financing. Conventional loans can be used to fund up to 80 percent of development costs from $500,000 to $10 million, are secured with a bank-held first deed of trust, and are for 10-year terms with a 15 to 25-year amortization. SBA-backed loans can be used to fund up to 90 percent of development costs from $500,000 to $5 million, are secured with a bank-held first deed of trust and an SBA-held second deed of trust, and are for 20-year terms with a 20 or 25-year amortization. Ground lease term must exceed the term of the loan and the leasehold improvements must be owner occupied.
Nick Haij
Relationship Mgr./Business Banking
360-356-2631 (tel)
"When it comes to finding the right financing for your business, it helps to have strong support. You can depend on Bank of America Merrill Lynch for a broad array of financing options that are customizable, flexible and competitive. We understand the real estate market and know the distinct challenges you face as a business owner."

Bank of the West
222 SW Columbia St. Ste. 1200
Portland, OR 97201
Offers commercial and SBA-backed construction and operating loans based on the Port's standard ground lease.
Colin Murphy
VP/Business Banking Relationship Manager
503-294-6319 (tel)
503-223-2913 (fax)

Columbia Bank
2650 Cascade Ave.
Hood River, OR 97013
(no information provided)
Craig Bowder
VP/Commercial Loan Officer
541-387-3468 (tel)
541-387-2911 (fax)

Community Bank
320 E 4th St.
The Dalles, OR 97058
Offers mid-term and long-term loans for construction and other business operations supported by a variety of government backed guaranteed loan programs and works with the US Dept. of Agriculture and other federal, state, and local agencies. Provides long-term commercial real estate loans on the Port's standard ground lease.
John Gass
VP/Commercial Loan Officer
541-296-0779 (tel)
541-296-0791 (fax)

Riverview Community Bank
900 Washington St.
Vancouver, WA 98660
(no information provided)
George Martin
Vice President, Commercial Banking
360-258-3425 (tel)
360-693-7462 (fax)

Umpqua Bank
8121 W Grandridge Blvd.
Kennewick, WA 99336
Ground lease term must exceed the term of the loan and over fifty percent (50%) of the leasehold improvements must be owner occupied.
Rebekah Dobbs
VP/Commercial Lender
509-491-6841 (tel)
503-372-0351 (fax)