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Craft3 News

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  • New lender hopes to draw young Alaska fishermen into the commercial ranks

    Anchorage Daily News
    March 20, 2019
    A new lender is offering loans to young Alaska fishermen who want to buy into the halibut and sablefish fisheries, and repayment is based on their catches. Craft3 is among the collaborators of this unique lending concept.

  • Local Fish Fund is ready to lend IFQ $ to young AK fishermen; repayment is based on fish catches

    Alaska Fish Radio
    March 18, 2019
    With help from The Nature Conservancy in Alaska, Craft3, Rasmuson Foundation, Catch Together and National Fish and Wildlife Foundation, the Local Fish Fund is open for business to help young Alaskan fishermen buy quota shares of halibut and sablefish.

  • Partnership finalizes conservation of Nehalem Bay’s Botts Marsh

    Cannon Beach Gazette
    March 13, 2019
    Two coastal land conservation groups partner to conserve Botts Marsh, the only salt marsh that had been designated for development on Nehalem Bay. Craft3 provided a bridge loan to purchase the property.

  • Shuttered Harney County Mill Reopens for Livestock Feed and Renewable Energy Production

    Business Wire
    March 6, 2019
    Abandoned Eastern Oregon lumber mill is getting a second life to support one of the Oregon’s biggest industries - agriculture - with help from Craft3.

  • The pain of fast money

    Oregon Business
    March 5, 2019
    MESO and Craft3 lenders see non-bank online lenders than ever before. And in an increasingly digitized economy, cash-strapped small-business owners are falling into the trap of borrowing at unsustainable payback schedules or at exorbitant rates.

  • Hood Famous Cafe + Bar opens brick and mortar in Chinatown-International District

    International Examiner
    March 4, 2019
    Hood Famous Bakeshop knows that finding capital to start a business is this mystical thing. Business Impact NW and Craft3 helped them figure things out and find the resources to make this happen.

  • Experts Talk Raising Money for Your Local Business

    KDRV
    March 1, 2019
    Stephanie Hirche sits on a panel of experts focused on local businesses looking for ways to raise money at SOREDI LAUNCH talk in Ashland.

  • New Local Fish Fund To Invest In Alaska Fishing Families

    Press Release
    March 1, 2019
    The Local Fish Fund is a collaborative effort spearheaded by the Alaska Sustainable Fisheries Trust to support Alaska’s fishing communities by reducing barriers to entry into commercial fisheries and engaging next-generation fishermen in marine stewardship.

  • In Groundbreaking Partnership, Deal Finalized to Preserve and Invest in Historic Astoria Armory

    Press Release
    December 3, 2018
    Friends of the Astoria Armory (Friends), Craft3 and the City of Astoria have finalized a deal to preserve and invest in the historic armory in Astoria, Oregon.

  • Nonprofit sees new life at Astoria Armory

    The Daily Astorian
    December 3, 2018
    With the support from Craft3, Friends of the Astoria Armory take possession of the building, beginning a new chapter of its renovation into a modern performance venue.
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