Benton-Franklin Council of Governments (web site)
1622 Terminal Dr.
P.O. Box 217
Richland, WA 99354 (map it)
The Benton Franklin Council of Governments (BFCG) is a governmental group comprising of the cities, ports and other public jurisdictions in Benton, Franklin, Walla Walla, Columbia and Asotin Counties, Washington. We act as the counties’ economic development district (EDD), regional transportation planning organization (RTPO) and metropolitan planning organization (MPO) for the Tri-Cities.
The BFCG has three possible sources of funding. These sources are the Regional Revolving Loan Fund (RRLF) which is available to small businesses in Benton and Franklin Counties. Loans through this program range from $25,000 to $175,000. This program is funded by two sources. 1) The Economic Development Administration (EDA) and the cities of Richland, Pasco and Kennewick’s Community Development Block Grant Programs (CDBG). The second program is the Columbia Regional Economic Development Trust. The source of funding for this program is an Intermediary Loan Program (IRP) through the United States Department of Agriculture (USDA) and these loans are available to small businesses within Benton, Franklin, Walla Walla and Columbia Counties. Loans from this program range in amounts from $10,000 to $250,000. The third program is a Micro Loan Program which serves the counties of Benton, Franklin, Columbia, Garfield, Asotin, Whitman and Spokane. Loans in this program range from $500 to $50,000. The second half of the Micro Loan Fund is for childcare. Loan amounts for that program range from $500 to $5,000 for family home child care providers and up to $25,000 for child care centers. Eligible locations for these funds are Benton, Franklin, Walla Walla, Grant, Adams, Whitman, Okanogan, Chelan, Douglas, Yakima, Skamania, Clark, Garfield, Kittitas, Klickitat, Asotin and Columbia Counties. In addition, the BFCG administers loan funds for the Franklin Public Utility District and the Benton Public Utility District within their service areas.
The BFCG can assist loan recipients with bookkeeping, accounting and fraud/theft control systems.
BFCG also provides information to small businesses and entrepreneurs.
Technical Assistance/User Facilities
The BFCG offers some limited technical advice and counseling for loan recipients. Staff may assist applicants with finance packaging, business planning, and management.