RESET Loan

Growing your business and community

RESET (Resources to Empower Small Enterprises for Tomorrow) was engineered by TEDC during the war against COVID-19 as the organization that helped Tulsa County respond to the cries of small enterprises lacking sufficient financial support during the pandemic.  RESET became TEDC’s most flexible fund.

 

As TEDC continues to help start-ups and existing businesses adjust to the new norm, many are seeking flexible capital unavailable from traditional financial institutions. As a result, RESET now supports vulnerable, recovering, and expanding enterprises.

 

Current funders include the U.S. Department of Treasury CDFI Fund RRP, the U.S. Economic Development Administration Revolving Loan Fund Program, and private sources.

Important Loan Details

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    Maximum Loan Determined by Funding Availability

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    Available throughout the Metro Area

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    Beneficial for Larger Projects that have a Collateral Shortfall

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    Additional Conditions may Apply Based on Funding Source

Other Lending Options to Consider

SBA 504 Loan

The SBA 504 loan is a long-term, fixed-rate loan that can help your small business make a large purchase like land, buildings, and long-life equipment.

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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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