Even a small amount of money can significantly impact your small business and its surrounding community.
A microloan may allow you to put furniture in your new office space, purchase needed inventory and supplies, or pay employees. Sometimes a little bit goes a long way.
If a loan of $50,000 or less could make a huge difference for your startup or growing small business, then a microloan from TEDC Creative Capital may be what you need.
A microloan is exactly what it sounds like: a small loan from TEDC for your business. TEDC’s average microloan is $12,000, with a maximum of $50,000.
You may also be eligible or required to receive personalized support services from our partners and us to help your business grow. In some cases, TEDC may cover the cost of professional services that your business needs to thrive. Businesses in the City of Tulsa, the Tulsa MSA, and throughout Oklahoma may apply. Funds may be used for most business needs.
Multiple partners support the TEDC Microloan Program, including the City of Tulsa through the CDBG program of the U.S. Housing and Urban Development, the U.S. Small Business Administration, the U.S. Treasury CDFI Fund, the U.S. Department of Commerce Economic Development Administration, and private donors.
Contact us now to find out how to qualify.
Maximum Loan Amount: $50,000
Available to Oklahoma Small Businesses and Startups
Used for Most Business Purposes