TEDCO’s Women/Minority Business Fund Loan Program (W/MBF) helps small entrepreneurs who are 51% owned by a woman or minority to obtain financing.
Minimum loan size is $10,000. Borrowers are expected to provide a minimum 10 percent equity injection into individual projects, with the W/MBF Loan Program providing up to 90 percent financing
LOAN CRITERIA
| Service Area | Greater Tampa Bay |
| Loan Amount | Minimum $10,000 |
| Use Of Loan Proceeds | Any business need |
| Eligibility | 51% or greater business ownership by a woman or a minority |
| Term | Varies based on the purpose and collateral |
| Repayment | Monthly |
| Collateral | Required |
| Borrower’s Cash Participation | Minimum 10% of project costs |
| Deposit to review loan application | $100.00 |
Please contact us more information or application procedures.