Startup team at office cafeteria Source: AdobeStock.

Clackamas Federal Credit Union started taking applications Monday for a pilot micro-loan program to help launch businesses in Oregon City, Ore.

Clackamas ($616.6 million in assets, 35,338 members), is based in Oregon City, 13 miles south of Portland. The credit union teamed up with Oregon City officials and Micro Enterprise Services of Oregon (MESO) earlier this year to devise the Entrepreneurial Opportunity Loan Program.

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Jim DuPlessis

A journalist for decades.