Small Business Loan
Valuable for projects lacking sufficient collateral; often TEDC Creative Capital can reduce a private lender's exposure with subordinated financing.

TEDC uses Creative Capital to make small business loans through a partnership with the City of Tulsa's Community Development Block Grant program funded by the U.S. Department of Housing and Urban Development.   Proceeds may be used for most business purposes. Rates and maturities vary based on project risk; however, job creation and/or retention for low and moderate income individuals is required.   Funding availability is limited from time to time. 

Businesses outside of Tulsa may qualify for assistance under another TEDC loan program. 

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