Business Funding Options in Texas

Small Business Administration (SBA) Loan Programs are administered by local SBA offices in Texas, providing financial aid to small businesses, through multiple district offices in the following locations/cities.

  • Dallas/Fort Worth
  • El Paso
  • Harlingen
  • Houston
  • Lubbock
  • San Antonio

Capital Access Program (CAP) is a partnership between the State of Texas and selected non-profit lenders to increase access to financing for small and medium-sized businesses and non-profits which face barriers to accessing capital or fall outside of guidelines of conventional lending. The program facilitates loans which are underwritten by the participating non-profit lenders and supported by the state contributions to a loan loss reserve fund.

Texas Enterprise Fund (TEF) awards “deal-closing” grants to companies considering a new project for which one Texas site is competing with other out-of-state sites. The fund serves as a financial incentive for those companies whose projects would contribute significant capital investment and new employment opportunities to the state’s economy.

Please Note: If you are business based in Texas state and you need finance for business growth, or equipment leasing, or any other business purpose, please contact us with your requirement, and we will connect you with suitable lenders for your requirements. We have multiple business funding options in Texas, and one of them maybe be suitable for your case. Please contact us. Thanks!

Term Loans / Project Finance

Business lending will be either Term Loan or Working Capital Finance, or a combination of both.

(A) Term Loan/Project Finance is normally granted for part funding capital assets/purchase of fixed assets either for setting up of industrial units/Commercial ventures, or infrastructure/real estate projects. Term Loans shall also be granted on stand alone basis or for expansion of existing units/commercial ventures & also for its diversification.

(B) Basic purpose of Term Loan/Project Finance is funding the Capital cost/fixed assets/project assets.

(C) A detailed Information Memorandum (IM) prepared by the Project Appraising authorities covering various aspects of the project viz., profile of the promoters, management profile, type of product manufacturing (in case of manufacturing activity), locational advantages, permissions from various statutory authorities, hard cost, soft cost, project out lay, debt component, promoters contribution, project time lines, Date of Commencement of Commercial Operations, technical and financial viability etc shall form the basis for assessment.

(D) Relative project assets created/purchased from out of term loan and the promoters’ share of investment, shall be the primary security and the promoter’s contribution towards project funding shall be the margin.

(E) Term Lending will be generally in the form of consortium/syndication for amounts above $250,000.