Woman working on laptop and talking on phone in a home office surrounded by shipping boxes and packaging materials

Buckeye Business Advantage

Affordable Small Business Financing

Reduced interest rates on business loans!

What is the Buckeye Business Advantage Program?

The Buckeye Business Advantage is a state-supported initiative designed to promote economic growth across Ohio. The program allows participating financial institutions to offer lower interest rates on qualifying small business loans.

The Ohio Treasurer's Office supports the program by placing deposits with participating lenders. These deposits enable lenders, including Telhio Credit Union, to reduce borrowing costs and pass savings directly to eligible business borrowers. The Ohio Treasurer's Office does not make loans or act as a lender.

Schedule an appointment with a Business Banking Relationship Manager

The small business owner selects and works directly with a participating financial institution for a business loan.

The loan officer at the participating financial institution submits an online Buckeye Business Advantage application on behalf of the small business owner.

The Ohio Treasurer's office reviews the Buckeye Business Advantage application, and if all eligibility criteria are met, the application is approved.

Once the Buckeye Business Advantage application is approved, and on an agreed date, the Ohio Treasurer's office deposits funds with the financial institution at a below-market interest rate.

The financial institution reduces the small business borrower's loan interest rate in conjunction with the offsetting deposit by the Ohio Treasurer's office.