Okla. Admin. Code § 355:10-5-8 – Equity and managerial ability

(a) Equity on loans made by the Authority should be at least equal to 25% of the project's development cost. Equity should be considered as follows:
1. (1) Cash.
2. (2) Assets readily convertible to cash.
3. (3) Grant funds considered for working capital only.
(b) Borrowers must demonstrate managerial ability through past experience (5 years profitable).