Commerce partners with Grow America to launch Revenue-Based Financing Fund

May 19, 2025

The Washington State Department of Commerce just launched the Revenue-Based Financing Fund (RBF) loan program for small business. This much-anticipated program is aimed at increasing access to capital for small businesses in Washington state, particularly those that have been historically underserved or underbanked.

“This is one of the most innovative loan programs we’ve ever launched,” said Commerce Director Joe Nguyễn. “It’s not a typical business loan. It’s a Pay-As-You-Earn loan that works with the reality of running a small business. Instead of fixed monthly payments, businesses repay based on what they actually make. So if sales slow down, payments stay low. If business picks up, payments adjust. It’s flexible, it’s fair, and it’s the kind of practical solution we need to support small businesses across Washington.”

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5 Reasons to Move To auburn, WA

Life

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Business

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Target Industries

Auburn, WA, is the place to grow your brand. With competitive lease rates, direct access to Sounder Transit, and a community that values unique retail, dining, craft experiences, and sustainable businesses, Auburn's vibrant downtown and accessible location make it a prime destination for regional visitors and a strategic hub for entrepreneurs looking to thrive.

Main Street Opportunities

Downtown Auburn offers prime opportunities for businesses with diverse real estate options, strong public transit, and a steady flow of locals and visitors. Entrepreneurs can join successful Main Street establishments, creating a vibrant hub of specialty shops, dining, and community experiences that enrich Auburn’s downtown.

Housing

Auburn, WA, is a welcoming community that appeals to young professionals and families, offering abundant opportunities to build a fulfilling life. In the heart of the Pacific Northwest, Auburn combines natural beauty with modern amenities while providing more accessible housing options than many nearby cities.