Momentum Loan

Growing your business and community

The Momentum Loan is a uniquely offered program created for TEDC’s EDEN (Entrepreneurial Development and Education Network) participants.

 

As an EDEN Alum, you are eligible to apply for up to $2,500 with a fixed interest rate. You will need the business narrative completed in class, your TEDC application, and your personal Federal Tax Return.

 

This loan program is for EDEN Alums who need an opportunity to build a credit history with TEDC in preparation for larger loan requests in the future as your business grows.

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Important Loan Details

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    No Application Fee

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    Fixed Interest Rate

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    Loans up to $2,500

Other Lending Options to Consider

Small Business Loan

A small business loan from TEDC Creative Capital provides qualifying small businesses up to $75,000 before bank participation is required.

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Microloan

A microloan is exactly what it sounds like: a small loan from TEDC Creative Capital. You have the freedom to use these funds for any business-related expense, except to purchase real estate.

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