Financing Business Opportunity  

February 2017
In This Issue
Spotlight on Success!
Trinity Diesel
StartUp Weekend
Economic Development Forum
How Women Lead Webinar
Quick Links

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From the Executive Director
It's time for AEDC's eleventh annual Spotlight on Success. If you've never made it to one of our celebrations, mark your calendar. You're in for a treat. This event offers a chance to spotlight the new and ever changing and growing businesses on the North Coast.

You'll see brand new enterprises. You'll see little start-ups that aren't so little anymore.  You'll see partner businesses and organizations.  As small businesses continue to grow and thrive, so does our economy.

We also select on organization that deserves recognition for its contribution to the local economy. This year we will honor the Humboldt-Del Norte Film Commission as an important economic engine in our region.

And, of course, Spotlight offers an opportunity to meet with old friends and make new ones while sampling local food and drink, enjoying the displays, listening to live music and supporting and encouraging our local entrepreneurs.

We look forward to seeing you there.


You Are Invited !  
Spotlight on Success

Celebrate Mardi Gras-
Fat Tuesday AEDC Style

Plan to attend AEDC's biggest event of the year

Spotlight on Success is a celebration of small business success in our community.  Our 2017 event will feature over 30 local businesses and organizations offering informational displays and samples.

We will also recognize the valuable economic impact made by the Humboldt/Del Norte Film Commission .  

Join us 
Tuesday, February 28
5 p.m. to 7:30 p.m. 
The Arcata Theatre Lounge! 

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2017 participating businesses include 
Beer Kissed * Brandi Easter Photography * Brett Shuler Catering * Brio Breadworks * Cassaro's Catering * Celebrations Tamales and Sauces & Redwood Organics * Christina Anastasia * Coast Central Credit Union * Cypress Grove Chevre * Drakes' Chocolates * Fire & Light Originals * Frankie Baker NY Bagels * Jessicurl * Los Bagels * Mad River Farm * Masaki's Mongolian Grill & Sake Bar * Mike's Southside Barbecue Sauce * Next Gen Eureka * North Coast Regional Manufactures and Recycling Market Developmant and Zone * North Coast Small Business Development Center * Panaderia Ortiz * Redwood Capital Bank * Royal Cookie Capers * SALT * Six Rivers Brewery* Trinidad Bay Cream Cheese/Casa Lindra * US Bank * Umpqua Bank * Wildberries Marketplace

2017 raffle donors include
Beer Kissed/Six Rivers Brewery * Brio Breadworks * Cassaro's Catering * Christina Anastasia * Drakes' Chocolates * Eureka Car Stereo * Fire and Light Originals * Ace Hardware (Fortuna, Willow Creek and Shafer's)* Humboldt Distillery * Jessicurl * Mad River Jams * ReProp Financial * SALT * Sequoia Park Zoo Foundation * T's Café North * Wildberries Marketplace

2017 sponsors include 
American AgCredit * Arcata Theater Lounge *  Coast Central Credit Union * Eureka Payments *  Forget-Me-Not Photo* Humboldt Area Foundation *
Mad River Union * Redwood Capital Bank * U. S. Bank * Umpqua Bank * Wildberries Marketplace

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Meet AEDC clients, enjoy delicious food and entertainment 

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Featuring Special Guests 

 AEDC Client

"Our experience was excellent!" enthused Trinity Diesel co-owner Deborah Lankila when asked about her loan experience with AEDC. "The person who helped me, Jayne, was knowledgeable, understanding, and very helpful.  She answered all my many questions and helped me with the paperwork."
Trinity Diesel in Arcata is a family owned business now owned by Deborah and Ken Lankila and partner Mike Barreto. The trio bought the then 50+ year old business in 2006 and just celebrated their 11th anniversary on Feb. 10.
The company's commitment to honesty and excellent customer service has continued under the new ownership and the company continues to serve rural landowners, agricultural producers, fleet managers and contractors. They offer a full service parts department, roadside assistance and a completely trained shop. They also serve as the exclusive Kubota dealer in the Humboldt County area.
"We just continue to grow our business," Deborah said. "We used the AEDC loan to buy a new server. When we approached a local bank the money we needed was less than they wanted to loan on and they referred me to AEDC." According to Deborah, the new server has cut their down time dramatically, increasing efficiency and saving money.

Learn more
Call 707-826-8400
Visit 5065 Boyd Road , Arcata
Funding for AEDC 

Meet new people that can take your idea to the next level!

Collaborating with the unique campus of Humboldt State University, the leading minds in the area are joined together in a common effort at Startup Weekend Humboldt.The 54-hour event is a one of a kind weekend where developers, designers, marketers, product managers and startup enthusiasts come together to share ideas, form teams, build products, and launch startups!

All meals throughout the weekend are provided.

Network with business professionals, 
Work hard 
& see your ideas come to life.
Economic Development Forum

RCRA presents an  Economic Development Forum 
for the economic development professionals, city and county staff

Join us to learn about: 
  • Creating finance and Investment Opportunities  
  • City updates on Economic Development
  • New Economic Development Projects
  • Manufacturer Network and Directory
  • Group Sharing of Projects and Ideas

Friday, March 3
Humboldt Area Foundation 
9 a.m. to 11 a.m. 
Doors open at 8:45. 
Light refreshments and coffee will be served. 

Please RSVP to Maureen Hart at
or call (707) 407-8335. 

Seminar-How Women Lead

How Women Lead: Celebrating International Women's Day

Women are creating new ways of doing business, education, politics, and religion. And now you - through understanding and utilizing feminine power -  can become a more effective, innovative and impactful leader

Wednesday, March 8th at noon

Tune in to this free webinar and:
  • Learn leadership skills and mindsets from the models in local and global women's leadership, as we celebrate International Women's Day. 
  • Be exposed to surprising statistics and stories that point to the rise of women in business.
  • Discover how to use your feelings and intuition as an asset at work while integrating your values and flow into projects and goals.
  • Understand why great business leadership relies on supporting not competing.
  • Gain the confidence to lean in and speak up from a natural sense of self-worth and an authentic desire to serve. 
Presented by Joy Taylor, Director of Women's Business Center at JEDI with special guest, Nancy Swift, Executive Director of Jefferson Economic Development Institute

All who register will be sent the recording, even if you miss the live event.

After registering, you will receive a confirmation email containing information about joining the webinar.

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Need more information?
Contact Joy Taylor
Director or Women's Business Center
530-926-6670 (16)
530-925-2212 (mobile)

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Women's Business Center serves Siskiyou, Shasta, Trinity and Humboldt Counties
Funded in part by the US Small Business Administration (SBA)

SBA 504 Becomes the 
SBA Grow Loan
SBA Logo   

SBA 504 Current
  • Low down payment for borrowers
  • Competitive fixed interest rate
  • Long Term loan
  • From $50,000 to $5 million for commercial real estate, construction and equipment acquisition.
Many commercial loans available on the market require a sizeable percentage down before the loan will be granted, and this can be an obstacle for many business owners looking to improve their facilities. The SBA 504 Loan offers a solution for that -- you can borrow up to 90% of your financing needs at a fixed rate, so only a minimum of 10% down is required.
The remainder is split between the SBA loan (40%) and a bank loan (50%), and the Arcata Economic Development Corporation will work with your bank to submit your loan application. Loan amounts range from $50,000 to $5 million, and some restrictions apply.

Some refinancing is also eligible through the 504 Refinance Program. This was made permanent in late May of 2016. It will help small business owners ease their financial burdens and create incentives for potential expansion and further job creation.  

The 504 loan program, with its long term fixed-rate, can help refinance debt from adjustable rate loans with significant savings to borrowers. For more information about this newly re-instated program, contact us at AEDC.

Kelli Sterling
Loan Manager
(707) 798-6132  Ext 214

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We are proud of the variety of businesses we've served over the years at AEDC. We would love to include you in our family of success stories. 


Visit to get more information about AEDC loans, events and programs. 



Ross Welch
Executive Director
(707) 798-6132 ext. 211