Oakland County, MI
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Contact Info
Financial Services
248-858-0765
financialservices@oakgov.com
Monday - Friday
8:30am - 5:00pm
CEED® Lending
The CEED® Small Business Loan Program'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
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 1 year old)
- A $75 non-refundable application fee is required
- If requesting more than $20,000 you will be required to self-certify that you cannot secure funding from traditional sources -a No Credit Elsewhere form can be provided for your convenience
- Be current on all federal debt including student loans, child support and taxes
For a full list view the CEED Lending Checklist
Loan Terms
Oakland County Revolving Loan Fund - Open Now!
The Oakland County Revolving Loan Fund was created to provide gap financing to businesses negatively affected by COVID-19.
Its primary focus will be small businesses owned by minorities, women or located in an economically disadvantaged areas. However, all Oakland County small businesses will be welcome to apply.