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Oklahoma Small Business Capital Access Program

Oklahoma Department of Commerce (ODOC)OK-SBCAP
Max per Applicant

$500K

Maximum a single org can receive

Deadline

Rolling / No deadline

Jurisdiction

Oklahoma

About This Program

Loan portfolio insurance program enabling Oklahoma banks to make credit-challenged small business loans. The state contributes to a reserve fund alongside the bank and borrower, allowing lenders to make loans up to $500,000 that would otherwise exceed their risk tolerance.

Key Requirements & Eligibility

  • 1Oklahoma-based small business
  • 2Loan up to $500,000 through a participating Oklahoma lender
  • 3State contributes 3% of loan to reserve fund
  • 4Business contributes 3%; bank contributes 3% to reserve
  • 5Reserve covers losses, enabling riskier loans to creditworthy businesses

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Apply or Learn More

Visit the official page to review full eligibility requirements and apply.

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Applicable Industries

Small BusinessManufacturingRetailTechnology
Official Source