Quarryfield Capital Group, a small-business funding broker in Hillsboro, Oregon, works with owners in Banks, OR, 8.6 miles northwest in Washington County, Oregon. In 2023 the Census counted 109 employers with a ZIP 97106 address. Quarryfield explains six funding options and routes requests to lending partners, who make credit decisions and set rates and terms.
| County | Washington County, Oregon |
|---|---|
| Distance from Hillsboro, OR | 8.6 miles northwest |
| ZIP 97106 employers | 109 (ZBP 2023) |
| ZIP 97106 employees | 818 (ZBP 2023) |
| Share of ZIP 97106 employers below five people | 65.1% |
| Portion of ZIP 97106 land inside Banks, OR | 1.7% |
Employers with a ZIP 97106 (Banks, OR) address
Census ZIP Code Business Patterns for 2023 lists 109 employers in ZIP 97106, together paying 818 people about $43.9 million a year. 65.1% had fewer than five employees, a higher share than in the other towns on our list.
Banks, OR covers only 1.7% of ZIP 97106's land. The ZIP takes in a wide rural area around the city, so these are ZIP figures, not figures for the city itself.
Construction in ZIP 97106
Construction was the largest sector with 32 establishments, 65.6% of them with fewer than five employees. Retail (12), administrative services (9) and accommodation and food services (9) followed.
For very small firms, partners pay close attention to the owner's own credit and to bank deposits, because the business may have a short credit history of its own. Equipment financing, where the asset secures the deal, is often the most accessible structure.
Self-employed share for the city of Banks, OR
In the 2020-2024 American Community Survey, 4.7% (+/- 2.1) of employed residents of the city of Banks, OR were self-employed. The margin is wide, so read it as a rough figure.
Headcount and pay per worker, ZIP 97106
Dividing the Census counts gives a rough sense of scale: ZIP 97106's 109 employer establishments averaged about 7.5 employees each in 2023, and annual payroll averaged about $53,600 per employee (our arithmetic from ZIP Code Business Patterns 2023). Across Washington County, OR the same arithmetic gives about 18.8 employees per establishment and about $87,500 in payroll per employee.
With so few employees per establishment, the owner's own time and credit carry much of the weight in any request.
Banks, OR city requirements
Banks is its own incorporated city in Washington County, Oregon, with its own local requirements.
We work with Banks, OR owners by phone and online from 118 SE 2nd Ave. County figures and local contacts are on our Hillsboro, OR page, and the other towns we serve are listed on the service areas page.
Who Quarryfield Capital Group works with in Banks, OR
For Banks, OR owners, Quarryfield Capital Group focuses on the sectors our lending partners have confirmed they fund: contractors and construction trades, restaurants and food service, medical and dental practices and retailers and wholesalers that carry stock. Approval is never automatic for any sector.
Paperwork partners commonly ask for
- Business checking statements covering roughly the last quarter or two
- Last year's filed tax return for the business
- An up-to-date P&L and balance sheet, even if you prepare them yourself
- Proof of ownership and business registration
- Details of any loans, leases or advances the business already carries
- For equipment, the seller's quote with make, model and price
Partners differ in what they request; this list covers the usual ground.
How a request moves forward
- It starts with a call to (503) 862-0920 or the short contact form. On the phone we cover the purpose of the funds, time in business and approximate monthly revenue.
- You hear which options match the need and what a partner will likely want to review. We submit nothing without your approval.
- After you give the go-ahead, we share the request with suitable lending partners, and each one decides on its own.
- Any offer comes from the partner. Read the total cost, the payment schedule and the terms before deciding; turning it down is always an option.
Our address: 118 SE 2nd Ave, Hillsboro, OR 97123.
By Quarryfield Capital Group · Updated