Tri County Economic Development District - Colville, Washington

The Tri County Economic Development District is a prominent economic development agency located at 986 S Main St, Colville, WA 99114, United States. They offer various services and support for businesses in the area. Operating since the early 1990s, they have proven to be a valuable asset for entrepreneurs and businesses in the region.

The agency takes a keen interest in ensuring the success of businesses and maintains strict lending policies to protect their clients. They have navigated through major recessions and pandemics, demonstrating their resilience and commitment to their clients. Some may find their policies strict, but their ultimate goal is to see businesses flourish.

With a wheelchair-accessible entrance, seating, and toilet, as well as a free parking lot and on-site parking, the Tri County Economic Development District makes it easy for everyone to access their services. The agency has received 3 reviews on Google My Business and holds an impressive average rating of 3.7/5.

👍 Reviews of Tri County Economic Development District

Jeff B.

5/5

We have used Tri County Economic Development District for business financing since the early 1990s. They are a true asset to our area. They have been there for us thru a major recession, faltering economy and a pandemic over the last 30 plus years, and really take a interest in helping you make your business successful. Some may think they are too strict in their lending policy's but they want you to succeed and sometimes peoples feelings may get hurt if your idea isn't quite ready.

Greg B.

1/5

I literally had more collateral than the loan request + I had cash - vested (36% into my project) + good credit + from my perspective -- a promising expansion. Here is what I am told ****** "Take this as an example, I am trying to buy a million-dollar house that’s worth let’s say a billion dollars. I obviously can’t afford the payments even though the home is worth way more than what I am trying to borrow. There is no way any financial organization will lend that to me if I can’t currently support the payments." ****** You know what -- I am trying to expand a business -- not buy a house. Not very constructive or professional - IMO. I am the one taking the risk -- 60K of my own money vested - 180K to secure 112K loan -- credit impeccable + 20+yrs self employment. So the moral of the story is if you need the funding -- and don't have 3 years of adequate income to support the payment - it is a no go. Rural Economics Development - sure - if you say so.........

us U.

5/5

What a great experience we had working with you @ the last Kettle Falls Area Chamber of Commerce meeting.