Financing the Future
Craft3 is a nonprofit lender – a community development financial institution (CDFI) – that uses capital to build resilience, lessen the racial wealth gap, and expand economic opportunity for all. We deliver capital where it’s needed most, making loans and providing advice to businesses, nonprofits, tribes, and individuals – especially those denied access to traditional financing.
We serve all of Oregon and Washington from offices in Seattle, Spokane, Port Angeles, Walla Walla, Bend, Astoria, Klamath Falls and Portland. With more than 70 employees and nearly $200 million under management, our impact and reach are significant.
Craft3 was founded in 1994 in the rural coastal community of Ilwaco, Washington. As the timber wars raged, the founders of Craft3 saw the potential for community development finance to chart a path forward. By making loans that support people and places that have been left out of the region’s prosperity, our founders thought they could use capital as a tool for social good and help entrepreneurs and communities develop, grow stronger and determine their own futures. Craft3 has been doing just that ever since.