July 29, 2013

Trails End Recovery

Warrenton, Oregon

Trails End Recovery

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 loans financed a wood chipper and de-barker equipment, provided working capital and refinanced an existing Craft3 loan.

Fourth-generation Astoria resident, Dean Larson, was concerned with the waste and pollution caused by traditional methods of land clearing and excavation. Dean responded by creating Trails End Recovery, a friendlier, local approach to the business of land reclamation. Since 2002, his business and the community have benefited from fewer trucks on local roads, increased employment opportunities, and less pollution. Dean’s customers are benefiting from lower product pricing.

Craft3 has provided multiple loans to Dean to help him build, and grow, his recovery business over the past ten years. The most recent loans financed a wood chipper and de-barker equipment, provided working capital and refinanced an existing Craft3 loan. This loan to Trails End Recovery was made possible through a USDA Loan Guarantee and financial support from JPMorgan Chase.

Our investment in Trails End Recovery strengthens economic, ecological
and family resilience by supporting economic growth and investing in critical
industries. It also builds assets and minimizes impact of business on nature.

This value-added processing business created or retained 31 jobs and leveraged $15,000 in additional funds and equity. It minimizes environmental impact and preserves local ownership of real estate. Learn more at www.trailsendrecovery.com.