TCEF LOAN POLICIES

TCEF's loan program serves the following types of borrowers:

expanding existing businesses
  start-up businesses

TCEF seeks to invest primarily in businesses within the following four industrial sectors :

Manufacturing
  Wholesale Trade
  Information
  Professional, Scientific, and Technical Services

While TCEF loans are available to start-up businesses, the majority of TCEF loans will be to existing and expanding small businesses (including those that are less than two years old) that will create jobs and provide livable wages.

Loan Eligibility

You may apply for a loan from TCEF if your business meets the following criteria:

is located or will locate in one of the four counties of the Treasure Coast Region
  creates or maintains jobs (especially to individuals with existing incomes at or below 80% of the area median income) for low and moderate income persons or provides essential or important services in low and moderate income communities
  can demonstrate credit worthiness
  can demonstrate repayment of the loan through cash flow projections of the business
  has a complete business plan at the time of loan application
  submits financial reports and continues to meet with our staff prior to and following loan disbursement
  project is consistent with the business development plans of the local area municipality