CEED® Lending

CEED Lending Call 248-460-3973
The CEED® Small Business Loan Progra​m's​ (Formerly Microloan Program) CEED® Loans are available for start-up and business expansion equipment, inventory, supplies and some working capital. The CEED® Small Business Loan Program was created through a partnership between Oakland County, Center for Empowerment & Economic Development (CEED®) and the U.S. Small Business Administration.​

 Since program inception:

CEED Successes

 Applicant Requirements

  • Business must be located in Oakland County
  • Complete a loan application and submit supporting documentation (help can be provided)
  • Have a business plan (for businesses less than 3 years old)
  • A $75 non-refundable application fee is required
  • Demonstrate the inability to obtain credit (financing) from a traditional lending source. Two letters of denial from banks are required, if requesting more than $20,000
  • Be current on all federal debt including student loans, child support and taxes

 Loan Terms