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Washington Employee Ownership Revolving Loan Fund, a program | The Grid by Zolidar

Washington Employee Ownership Revolving Loan Fund

Washington State Department of Commerce

Program

Approved

Last updated at 2026-07-20

Grid Insight

About this program

A revolving loan fund authorized to ease the financial hurdles workers face when buying and converting a business to employee ownership.

Washington SB 5096 (2023)

Ask Zolid AI

How do investment funds finance a move to employee ownership?What programs help finance a move to employee ownership?How do lenders finance an employee-ownership buyout?

Key facts

States served: Washington
Status note: Approved but never funded. The fund account was established by SB 5096, but money for it was not appropriated, and the underlying program was repealed effective July 1, 2026.

What they finance

Offerings: Senior loan
Ownership models: ESOP, Worker cooperative, Employee ownership trust
Employee-ownership focus: Exclusive

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Jul 2026

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