Awarded vendors
- Oregon Entrepreneurs Forum dba Oregon Entrepreneurs Network
Description
This contract provides Oregon Business Development Department (Business Oregon) with a vendor to perform loan‑referral services for the Oregon Royalty Fund (ORF). The contractor will market the ORF program, identify eligible small‑business borrowers, submit complete loan referrals, and act as a liaison between borrowers, private‑equity partners, and Business Oregon. Compensation is a referral fee of up to 0.75 % of each funded loan (capped at $7,500 per loan) with a total contract ceiling of $600,000 over a five‑year term. The award was granted to Oregon Entrepreneurs Forum dba Oregon Entrepreneurs Network, and the contract may be extended beyond the initial term.
• Scope: marketing, borrower identification, referral submission, and coordination for ORF loans.
• Fee Structure: 0.75 % of funded loan amount (max $7,500 per loan), total ceiling $600k.
• Term: 5‑year contract with possible extensions; no explicit start/end dates provided.