A. The Siletz Tribal Business Corporation (STBC) serves as the economic development arm of the Confederated Tribes of the Siletz Indians. Our goal is to secure the future of the Siletz Tribe by investing Tribal assets into fully researched, diverse, economically viable and financially sustainable business enterprises and properties.
A. Yes, STBC looks to partner with both Tribal and non-Tribal businesses. A meeting can be set up to evaluate your business proposal or project. Being a Tribally owned corporation can sometimes provide unique access to attractive financial tools, including internal markets, tax advantages, property status, etc. We understand the importance of confidentiality and we have agreements available if that is a concern. Feel free to contact Steve Chrisman, Economic Development Specialist, at 541-994-2142 or by email at schrisman@stbcorp.net .
A. You can contact either Steve Chrisman, Economic Development Specialist, at schrisman@stbcorp.net or Stephen Larrabee, Development Manager, at slarrabee@stbcorp.net for more information.
A. There are a number of different options available to Siletz Tribal members. Often local Community Colleges and SBA offices are great places to start to find business training. For Central Oregon Coast residents, Reuben Johnson offers a business class at OCCC throughout the year. Please visit our Training and Resources page for more information.
A. Again, there are a number of different options available to Siletz Tribal members. You may contact STBC Small Business Development team by phone or email or visit our Training and Resources page for more information.
A. You can fill out a Small Busines Needs Assesment Form or contactSTBC's Development Manager, Stephen Larrabee by phone at 541-994-2142 or by email at slarrabee@stbcorp.net for inclusion.
A. Simply fill out the Tribal Business Directory Form and STBC will review your information and add you to the list.
A. Yes, STBC owns and operates five different businesses.
- Hee Hee Illahee RV Resort is Salem, Oregon's only 5-star Luxury RV Resort.
- Imprints Print Shopis your one-stop Quick Print, Embroidery, Screenprint and Promotional Product solution.
- Logan Road RV Park is your official connection to world-class, oceanfront gaming at the Chinook Winds Casino Resort.
- NwMI matches a traditional barge and crane with state-of-the-art underwater sonar imaging equipment to provide a complete solution of waterway maintenance, construction, and underwater inspections services.
- Siletz Technologies provides IT software quality assurance and development testing for corporations and businesses in the northwest.
A. Yes, They include:
A. STBC does administer a small business loan program through the Siletz Tribal Revolving Credit Program (STRCP). You must be an enrolled member in The Confederated Tribes of Siletz Indians and have at least a 51% ownership stake in the business to be eligible. More information can be found at Small Business Loan Program.
A. There is not a set amount of time. The STRCP Board typically meets once a month to review applications for a small business loan. Most often, STBC's team reviews the applicant materials and offers guidance as well to help fascilitate the process.
A. There is no minimum amount and the largest amount is $10,000 for any one loan.
A. The interest rate of the loan is set at prime + one (1)%. The payment schedule is usually once per month and the length of term is dependent on the size of the loan.
A. The mininum credit score to receive a loan is 580. There are a number of tools available to examine your credit score and dispute any errors.
A. Yes, you can have a co-signer on the loan and they can be a non-Tribal member. The same credit score minimum and other requirements remain in effect.
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