Idea Leap Loans

  • Available only through referral provided by several technical assistance providers
  • Flexible and non-traditional underwriting criteria will be used to evaluate and approve loans.
  • Non-traditional collateral will be considered to include but not limited to, patents, trademarks and copyrights, intellectual property or other.
  • Loan approval process will be expedited, with a goal of a 24-hour turnaround time.
  • Funding available for early-stage businesses ranging from $2,500 to $50,000.

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Idea Leap Grant

  • Grant initiative is an extension of TVFCU's Idea Leap Loan; created in 2016.
  • The 2018 contest is closed.
  • TVFCU is giving away $50,000 through the grant contest
  • Candidates for the grant contest are businesses in TVFCU’s 13-county service area that have been in operation for at least one year and have fewer than 21 employees are eligible to apply for their chance at winning one of five grants.
  • (1) $20,000, (1) $15,000, (1) $10,000 and (2) $2,500

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