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Stories Of Change


The ultimate measure of our success lies in the stories of our borrowers—the individuals and businesses who have partnered with Craft3 to improve their own circumstances, and help us strengthen the resilience of Pacific Northwest communities. We are proud to have literally hundreds of success stories among our borrowers. Here are several that best depict the great work Craft3 borrowers can accomplish with the right financial partner.  
  • Pine Theater (Prineville, Oregon)

    by Jennifer Janda | Mar 29, 2013
    Ali and Oniko Mehrabi wanted to add a second screen to show more new movies and increase customer traffic of their Pine Theater. But they were unable to secure financing. Craft3 provided funds to construct an addition for a second-story screen. This loan was made possible with capital provided by Meyer Memorial Trust.
    Full story
  • Outlaw Energy (Sisters, Oregon)

    by Jennifer Janda | Mar 29, 2013
    Craft3 provided Outlaw Energy with a bridge loan for delivery of a completed $1.3 million BTU pellet boiler system to Sisters High School. The installation replaced the existing commercial oil heating and hot water system for the 42,000 square foot high school. Sisters School District estimates annual savings of $36,000.
    Full story
  • Healthy Benefits Market (Shelton, Washington)

    by Jennifer Janda | Mar 29, 2013
    Craft3 provided Healthy Benefits Market with an Indian County Loan to cover start-up costs. Proceeds were used for equipment, inventory, and tenant improvement. Capital support for this loan was provided by The Ford Foundation.
    Full story
  • Green Hammer (Portland, Oregon)

    by Jennifer Janda | Mar 29, 2013
    Craft3 provided Green Hammer with working capital for energy efficiency construction contracts qualified under Clean Energy Works Oregon, a home retrofit effort to create jobs, reduce pollution, and expand business opportunities.
    Full story
  • Lawrence Goodell, Jr (Aberdeen, Washington)

    by Jennifer Janda | Mar 29, 2013
    Craft3 provide Lawrence Goodell with loans to purchase the Pacific Rooster, a fishing boat used for crab, halibut, and black cod, and to assist with start-up costs. These loans were supported by an Office of Indian Energy and Economic Development (IEED) guarantee.
    Full story
  • Craft3’s Home Energy Efficiency Loan through CEWO

    by Jennifer Janda | Mar 29, 2013
    Through CEWO, Craft3’s Home Energy Efficiency Loan is available to homeowners in Oregon’s Clackamas, Clatsop, Columbia, Multnomah, Tillamook and Washington Counties. Since 2009, Craft3 has provided over $27.6 million in loans to more than 2,100 homeowners.
    Full story
  • Celestial Seafood (Newport, Oregon)

    by Jennifer Janda | Mar 29, 2013
    Craft3 provided Scott Lager with a loan to start his own business, Celestial Seafood. He was able to refinance the Eclipse and retire existing debt. Additional funding was provided to purchase crabbing gear and equipment, pay for vessel maintenance, and for working capital.
    Full story
  • Albina Opportunities Corporation (Portland, Oregon)

    by Jennifer Janda | Mar 29, 2013
    With demand for services increasing, Albina Opportunities Corporation contacted Craft3 for a line of credit. Craft3 provided a loan to support AOC’s lending activities and portfolio growth. This loan was made possible with capital from SBA’s Intermediary Lending Pilot Program.
    Full story
  • StreetCar Bistro & Taproom (Portland, Oregon)

    by Jennifer Janda | Mar 08, 2013
    Kathy Russo and Jim Conachan started the StreetCar Bistro & Taproom in 2012. Craft3 provided Kathy with a loan to help with start-up costs associated with opening the StreetCar Bistro & Taproom.
    Full story
  • CB’s Nuts (Kingston, Washington)

    by Jennifer Janda | Mar 04, 2013
    Clark Bowen and his wife Tami own and operate CB’s Nuts, a certified organic processing facility. Craft3 provided CB’s Nuts with loans for equipment, inventory, leasehold improvements and to refinance debt.
    Full story
  • City of Roses Disposal and Recycling (Portland, Oregon)

    by Jennifer Janda | Mar 04, 2013
    In 2012, Craft3 and Portland Development Commission (PDC) prioritized small business lending within Neighborhood Prosperity Initiative (NPI) Districts and East Portland. Craft3 is pleased to make its first loan to City of Roses Disposal & Recycling for site improvements for an on-site material recovery facility.
    Full story
  • CPoW Livestock Processors Cooperative Association (Odessa, Washington)

    by Jennifer Janda | Mar 04, 2013
    Craft3 provided CPoW Livestock Processors Cooperative Association with a Small Business Credit Initiative Loan to purchase processing line equipment, fixtures and holding pens. This loan was made possible with capital from Washington State Department of Commerce to make loans to businesses unable to access traditional sources of capital.
    Full story
  • Lakebay Mechanical, Inc. (Lakebay, Washington)

    by Jennifer Janda | Mar 04, 2013
    Craft3 provided Lakebay Mechanical with a loan for working capital and to retire existing debt. This loan was made possible with capital from Communities at Work Fund.
    Full story
  • Trails End Recovery (Warrenton, Oregon)

    by Jennifer Janda | Mar 04, 2013
    Craft3 has provided multiple loans to Trails End Recovery to help Dean build, and grow, his recovery business over the past ten years. The most recent loan in 2011 financed a wood chipper and de-barker equipment, provided working capital, and refinanced an existing Craft3 loan.
    Full story
  • Bayside Apparel (Tacoma, Washington)

    by Jennifer Janda | Mar 04, 2013
    Craft3 provided Bayside Apparel with a loan for accounts payable, inventory, equipment, and working capital. This loan was made possible with capital provided by the CDFI Fund.
    Full story
  • Astoria Full Fitness (Astoria, Oregon)

    by Jennifer Janda | Mar 04, 2013
    Jody Marincovich opened AFF after OBJJ Full Fitness Center closed in 2012. Having been involved with OBJJ since it opened in 2003, Jody knew the industry and OBJJ’s customers. Craft3 provided Jody with a loan to purchase exercise equipment from OBJJ Full Fitness Center.
    Full story
  • Face Rock Creamery (Bandon, Oregon)

    by Jennifer Janda | Dec 21, 2012
    Craft3 is providing Face Rock Creamert with loans for the construction of the cheese factory and retail store, and to purchase production and retail equipment. Soon the new Face Rock Creamery will be making great dairy products and bringing jobs and visitors back to Bandon.
    Full story
  • Pippa's Real Tea (Port Townsend, Washington)

    by Jennifer Janda | Nov 30, 2012
    Pippa had a enchanting vision, but was unable to get the capital she needed to make it a reality. As a start-up business, banks were unable to help her. Then she heard about Craft3. Craft3 provided Pippa with a loan for leasehold improvements, equipment and inventory.
    Full story
  • Jefferson LandWorks Collaborative (Port Townsend, Washington)

    by Jennifer Janda | Nov 30, 2012
    Craft3's partnership with Jefferson LandWorks Collaborative preserves farm land, restores habitat, creates jobs and economic opportunity, and increases local food. It strengthens economic, ecological and family resilience.
    Full story
  • Raatz Construction Company (Seattle, Washington)

    by Jennifer Janda | Nov 05, 2012
    Craft3 made an energy efficiency contractor loan to RCC to supply working capital for construction contracts qualified under the Community Power Works (CPW) program. RCC will use its loan for up-front costs associated with Craft3 home energy efficiency upgrade projects in the City of Seattle.
    Full story


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