Umpqua Bank Launches “MainStreet Small Business Lending” Program

Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (NASDAQ: UMPQ), is launching a new lending program aimed at supporting the operating capital needs and growth of small businesses in Oregon, Washington and Northern California. The program, known as MainStreet Small Business Lending (MainStreet), will augment Umpqua’s current lending programs and make available funds to underwrite loans that fall outside Umpqua’s standard underwriting requirements. The bank is targeting loans in the $10,000 to $100,000 range.

Through this program, small businesses throughout Umpqua Bank’s footprint can apply for loans to be used for working capital, business expansion, leasehold improvements, equipment purchases, and other general business expenditures. Should an application be declined it will automatically go through a secondary review process to determine if it meets the new underwriting criteria established especially for this program.

“While Umpqua has loaned more than $1.7 billion over the past 12 months, we recognize the critical role that small businesses play in jumpstarting the economy,” said Ray Davis, CEO of Umpqua Bank. ”Over the past several years, many small businesses have found it difficult to obtain the bank loans they need to run their companies, often for reasons beyond their control. Umpqua is in a position to do even more to support the growth of our local businesses and communities, and is pleased to introduce a new source of funding through our MainStreet program.”

Potential applicants for this loan program include established small businesses that have had challenges securing financing because of the impact current economic conditions have had on their overall financial condition.

For more information about the program and how to apply, visit any Umpqua Bank store, find us online at, or e-mail

About Umpqua Bank

Umpqua Bank, headquartered in Roseburg, Ore., is a subsidiary of Umpqua Holdings Corporation (NASDAQ: UMPQ) and has 176 locations between San Francisco, Calif. and Seattle, Wash.; along the Oregon and Northern California Coast; and in both Central California and Central Oregon. Umpqua Bank has been recognized for its innovative customer experience and banking strategy by national publications including TheWall Street Journal, The New York Times, BusinessWeek, Fast Company and CNBC. The company has been recognized for the past three years in a row on FORTUNE magazine’s list of the country’s “100 Best Companies To Work For.” Umpqua Holdings also owns a retail brokerage subsidiary, Umpqua Investments Inc., which offers services through Umpqua Bank stores and in dedicated offices throughout Oregon. Umpqua's Private Bank Division serves high net worth individuals and non-profits providing customized financial solutions and offerings. Umpqua Holdings Corporation is headquartered in Portland, Ore. For more information, visit


For Umpqua Bank
Shannon Riggs, 503-546-7885

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