Home > in the community, people > MCNW Client Kir Jensen & The Sugar Cube in the Portland Biz Journal

MCNW Client Kir Jensen & The Sugar Cube in the Portland Biz Journal

January 28, 2011 Leave a comment Go to comments

Kir Jensen, The Sugar Cube
Kir Jensen, The Sugar Cube

From The Portland Business Journal, by Andy Giegerich

Portland’s latest sensation in nonprofit small business lending has captured the attention and affections of some heavy-hitting business names.

In just 18 months, the Albina Opportunities Corp., working with such other groups as Mercy Corps [Northwest] and the Small Business Administration, has issued 15 loans ranging from $10,000 to $150,000. Its future loans will allow borrowers to collect up to $200,000.

The group, a nonprofit business development organization that provides smaller business entrepreneurs access to capital, averages about $83,000 per loan.

Read more: Albina Opportunities makes a splash | Portland Business Journal

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