Meriwether Group Capital Hero Fund LP Funds

Loan to Local Custom Outdoor Space Builder OUTDOOR OFFICE, INC.

Portland, Ore. – (February 2023) – Meriwether Group Capital (MWGC) today announced ‘Hero Fund’ financing in the form of a capital loan to Outdoor Office, Inc. a custom designer and builder of outdoor spaces. The funding will support Outdoor Office’s drive for growth and expansion, enabling access to the capital required to take advantage of future opportunities as the company ended 2022 with growing demand, both locally and regionally.

Outdoor Office designs, builds, and installs custom outdoor spaces that are functional as home offices, home gyms, yoga studios, art and music studios, meditation rooms, games rooms, and more. These spaces are often a solution when living spaces are limited and budgets for major renovations are excessive. Outdoor Office creates beautiful, high-quality, custom-built structures, often at 50%-70% less than renovating or remodeling.

MWGC’s ‘Hero Fund’ focuses on small to mid-sized companies that meet the fund’s revenue qualifications and financial needs. Leading the effort is Meriwether Group Capital Founder & Fund Manager, Jamie Shulman, who brings more than 25 years of commercial banking experience to the business. Partnering with him are Seattle-based First Fed Bank, a division of First Northwest Bancorp (Nasdaq: FNWB), and Meriwether Group, led by David Howitt.

About Outdoor Office, Inc.

Based in Portland, OR, Outdoor Office, Inc is recognized as a leader across the county in the industry of home offices and backyard studios. Building these spaces since 2019, they have grown into a major resource for clients who seek a more private space to work, play, or create outside of the main home. Since the pandemic, they have grown at an average pace of over 472% per year and have continued to smash every projected business marker to date. With the ability to design and quote a project through their innovative online builder tool, clients have seen not only the value in the product, but the increased speed at which the projects can be completed has help to revolutionize the manufactured style home office.

Outdoor Office was found by Anthony Taylor-Weber, CEO, in 2018 while facing his own remote work challenges as a home inspector. The idea for Outdoor Office was born out of necessity and expanded rapidly throughout the onset of 2020 through today.

In September 2022 Outdoor Office, Inc was notified that they were named a 2022 Portland Business Journal Manufacturer of the Year. The award is given to the most innovative Maker or Manufacturer in their industry who developed or led in the development of a breakthrough innovation. This is an annual award voted on by the Portland businesses and the leaders within the community.

About Meriwether Group Capital

Meriwether Group Capital (MWGC) is a commercial lender with a focus on Pacific Northwest businesses seeking loans outside the criteria for traditional banking. Founded in 2022, its Hero Fund serves companies with $2 to $75 million in revenue seeking $500,000 to $5 million to capitalize on business opportunities and realize their potential while maintaining equity and control. The company is a partnership between Jamie Shulman, a former commercial banker with more than 25 years of experience in the market, Seattle-based First Fed Bank, a division of First Northwest Bancorp (Nasdaq: FNWB), and Portland-based Meriwether Group. The company is in the Slabtown neighborhood of NW Portland and can be reached at 503-223-9062.