Phishing Scam

A scam is currently circulating involving a phone caller that claims your ATM card has been blocked and asking you to press 1 to restore service. These calls are a scam and neither HomeFed or Bank of the Cascades would contact you in this manner. If you've given out your card information, please contact us at 1-800-888-7283.

Home Federal Bank

Business Cash Collateral Loan

A Business Cash Collateral Loan is one of the most flexible loan options available to clients of HomeFed. Secured by deposit accounts at Home Federal Bank, your Cash Collateral Loan can help you improve cash flow or permanent working capital, refinance debt, purchase inventory, materials or equipment, or help finance accounts receivable. You may choose between fixed or variable monthly payments.

Home Federal Bank's Business Cash Collateral Loan is designed for business owners who need credit for:

  • Improving cash flow or permanent working capital
  • Refinancing debt
  • Purchasing inventory or materials
  • Purchasing equipment or vehicles
  • Financing accounts receivable
  • Available for amounts up to 90% of underlying secured deposit accounts
  • Fixed or variable interest rate, based on type of account serving as collateral (typically Business Savings or CD)
  • Increases your access to capital and provides more flexible payment options than other financing alternatives

We'll consult with you to build a financing solution that meets the unique needs of your business. Some of the requirements that are part of a Business Cash Collateral Loan may be:

  • Home Federal Bank deposit accounts must serve as collateral
  • All owners of the secured deposit account must execute loan documents
  • Financial documentation including the three most recent years' business and personal tax returns
  • Additional financial documentation may be requested