Learn More about CDFI's and Small Business Resources in Oklahoma see here
While the federal government does not provide grants for starting or growing small businesses, one of the mechanisms in place to promote small business growth and economic development is the Community Development Financial Institution Fund managed by the US Department of the Treasury.
Community Development Financial Institutions fall into four categories:
Bank of Cherokee County, Inc.
Chickasaw Banc Holding Company
Fort Gibson State Bank
MetaFund Corporation f.k.a. Oklahoma MetaFund CDC
MetaMarkets OK, LLC.
Neighborhood Housing Services of Oklahoma City, Inc.
New Markets Redevelopment, LP
The Small Business Administration was established in 1953. Since that time the agency has dispensed millions of dollars in loans and loan guarantees, contracts, consulting assistance and other programs for small business across the United States.
The Recovery Capital Loans Program provides financial assistance to small business with less than 500 employees to obtain a deferred payment loan from the agency, in order to meet existing debt payments, thereby giving the business the opportunity to refocus their business strategy.