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TX
Texas Small Business Credit Initiative – Loan Guarantee Program (LGP)
State loan guarantee program backing loans of $5,000–$20 million for qualifying Texas small businesses, including retail operators, to expand access to credit.
About this program
Visit the program website for full details.
Eligibility
For-profit small businesses with fewer than 500 employees based in Texas. Focuses on businesses that may not qualify for traditional financing and on marginalized business owners.
Requirements
- Must be a for-profit business with 499 or fewer employees
- Must work through a TSBCI-approved financial institution
- Loan amounts range from $5,000 to $20,000,000 under the Loan Guarantee Program