Astoria Oregon based Craft3 is raising $30,000,000.00 in New Debt Financing.
Astoria, OR – According to filings with the U.S. Securities and Exchange Commission, Craft3 is raising $30,000,000.00 in new funding. Sources indicate as part of senior management Chief Financial Officer, Mark Stevenson played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Craft3
Craft3 is a regional nonprofit CDFI that makes loans to strengthen the economic, ecological and family resilience in Oregon and Washington. We lend to established nonprofits and growing and start-up businesses including those that don’t qualify for traditional loans. We also help families of all income levels finance energy upgrades, build accessory dwelling units, and replace failing septic systems and aging manufactured homes. From regional offices in Port Angeles, Seattle, Spokane and Walla Walla, Wash., and Astoria, Bend, Klamath Falls and Portland, Ore., Craft3 has invested more than $583 million in Northwest communities.
To learn more about Craft3, visit http://www.craft3.org/
Contact:
Mark Stevenson, Chief Financial Officer
888-231-2170
mstevenson@craft3.org
https://www.linkedin.com/in/markcstevenson/
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