Access to Capital

Downtown Tulsa sign

Helping businesses and developers build wealth in Tulsa

Figuring out how to finance your business can be uncertain and challenging, but PartnerTulsa is here to guide you. Tulsa has opportunities for every type of business, whether it is just an idea or a successful venture already. Through a number of partnerships with the City of Tulsa, local CDFI’s, and partner organizations, PartnerTulsa has a breadth of programs that could help your development or business succeed.

  • Bus Rapid Transit Revolving Loan Program
  • Downtown Development Redevelopment Fund
  • Tulsa Economic Development Corporation (TEDC)
  • Financial Empowerment Center
  • Honeycomb Credit
  • Dreamspring
Bus Rapid Transit Revolving Loan Program
aerobus in downtown tulsa.
Bus Rapid Transit Revolving Loan Program

The Bus Rapid Transit Revolving Loan program provides businesses and developers seeking to invest along Tulsa’s Bus Rapid Transit lines low-cost capital. For more information, contact Spencer Mitchell at smitchell@cityoftulsa.org.

Downtown Development Redevelopment Fund
Bikers in a park in Tulsa, OK.
Downtown Development Redevelopment Fund

The Downtown Development Redevelopment Fund is used to incentivize and promote downtown housing development in Tulsa. The $16 million fund is leveraged in various ways depending on the need of the project but has historically been deployed as 0% loans. For more information, contact Spencer Mitchell at smitchell@cityoftulsa.org.

Tulsa Economic Development Corporation (TEDC)
Rose Washington

TEDC is aLocal mission-driven Community Development Financial Institution (CDFI) that. Offers micro loans, capital and equipment loans, and community development block grants through SBA and HUD federal programs. They administer City and County loan programs and provide lower interest rates and more flexible terms than traditional loans. Over the last five years, they have provided more than $150 million to nearly 300 small businesses

 

Financial Empowerment Center
4/25/19 2:57:09 PM -- Portraits of Gathering Place leadership and Gather Round Crew. Photos of Vista restaurant. Photo by Shane Bevel

Personal finances can be an important part of financing your small business. Banks may look at your credit score and personal finances when deciding about small business loans, that’s why the Financial Empowerment Center (FEC) provides free, professional one-on-one financial counseling to all Tulsa residents. The FEC has also partnered with the Bank On coalition to help people find places to open bank accounts

Honeycomb Credit
10/29/18 4:47:34 PM -- Fall Colors and social media scenes from the Gathering Place.Photo by Shane Bevel

Honeycomb Credit is a loan crowdfunding platform that allows anyone to invest in businesses in their community. They are currently looking to launch small business crowdfunding campaigns in Tulsa.

Dreamspring
Two people shake hands

Dreamspring is an online lending platform that can lend to small business owners for a variety of expenses. The secured loans can be up to $15,000 while unsecured loans can be granted for up to $50,000.

Contact Us

Wyatt Donnelly-Landolt
Director, Small Business and Entrepreneurship wyatt@partnertulsa.org