Did you know? While there was a 48% increase in minority business ownership over the past decade, this growth pales in comparison with non-minority firms.

BCL of Texas is here to help level the playing field with customized lending plan that will help you strategically grow your business. Our Small & Diverse Growth Fund for minority and women-owned businesses offers more flexible underwriting and collateral requirements than traditional lending programs, and is designed specifically to meet your needs as a small business owner.

Get started in 5 easy steps:

1. Complete our short inquiry form and then sign up for a consultation with our Entrepreneurship Specialists
2. Complete your Financial Readiness Assessment and work with our team to develop a strategic growth plan
3. Apply for a loan starting at $5,000 or all the way up to $50,000
4. Decision turnaround in 3 business days*
5. Take advantage of no-cost business coaching throughout the life of your loan

^{*Upon the receipt of all required documents}

BCL’s goal is to keep Texas communities as strong and vibrant as the people who live here. That’s why we’re offering business capital lending for new business owners within two years of opening shop. We provide no-cost coaching and technical assistance for the life of your loan, and our approach is always customized to your individual needs.

Loans features:

• Loans of $20,000 up to $50,000
• Eligible uses: working capital, real estate, furniture, fixtures, equipment, lines of credit, and more
• Free business coaching for the life of the loan

Use the lender request link above to submit an inquiry for a lending specialist to contact you.

Business & Community Lender (BCL) of Texas, is a Texas based 501(c)3 nonprofit and certified by the U.S. Treasury as a Certified Development Financial Institution (CDFI). BCL of Texas supports Texans to acquire wealth-building assets and equips them with the financial tools and education necessary to build personal net worth. With an emphasis on diversity, equity, and inclusion, we serve communities of color, women, veterans, rural communities, and low and moderate income individuals, families, and small business owners of less than $1 million dollars.

Loans features:

• Loans of $10,000 up to $50,000
• Eligible uses: Working capital for business related expenses, business growth and expansion, payroll, equipment, inventory, tenant improvements, business construction, business vehicles, real estate acquisition, debt refinance
• Business must be located within the Austin MSA
• Term 36 months to 60 months