Financing & Capital

In today's challenging economy, finding capital is one of the most crucial tasks for small businesses wishing to grow and thrive. The Governor's Office Small Business division works closely with a variety of partners to highlight the various avenues for access to capital that are available to the Texas small business community. These include but are not limited to:

Texas Economic Development Bank – Texas Product/Business Fund

The Texas Product/Business Fund provides asset backed financing to companies doing business in Texas. Financing is done in the form of direct asset based loans with competitive lending rates. Loans can be amortized up to the life of the asset. For more information, visit the Incentives & Financing section of the website.

Texas Emerging Technology Fund

The Texas Emerging Technology Fund (TETF) was created by the Texas Legislature in 2005 at the urging of Gov. Perry to provide Texas with an unparalleled advantage in the research, development, and commercialization of emerging technologies. TETF grants are awarded in the following three areas:

  • Commercialization Awards provide selected, early-stage investments in new, technology-based, private entrepreneurial entities that collaborate with public or private institutions of higher education in Texas, and which, if successful, may provide significant economic benefit to the state.
  • Matching Awards utilize TETF funds to create public-private partnerships which leverage the unique strengths of universities, federal government grant programs, and industry. Matching awards enable Texas to secure additional research funds from outside the state in key technical and scientific areas that contribute to the growth of our emerging-technology economy.
  • Research Superiority Acquisition: funds for Texas higher education institutions to recruit the best research talent in the world.

For more information, visit the Incentives & Financing section of the website.

Jobs 4 Texas (J4T)

Jobs 4 Texas, or J4T, is an innovative program designed to increase small businesses' access to capital and enable private entrepreneurs to make market-driven decisions to grow jobs. The J4T program won a $46.5 million award from the U.S. Department of the Treasury as part of the State Small Business Credit Initiative (SSBCI). For more information, click here.

Texas is home to hundreds of commercial banks with billions in deposits. To find a Texas financial institution, visit the National Information Center's website.

For international financial institutions in the state that enable international trade by issuing letters of credit, providing currency exchange, and making trade related loans, as well as financing projects in various countries, please visit the Texas Bankers Association and the Independent Bankers Association of Texas.

Non-Profit Lenders

  • Accion
    The mission of ACCION Texas is to provide credit and service to small businesses that do not have access to loans from commercial sources, and to provide leadership and service to the micro-lending field on a national level. ACCION Texas provides individual business loans from $500 to $50,000 for startups and up to $250,000 for established businesses. All loan funds repaid to ACCION are reinvested in the community.
  • BCL of Texas
    Established in 1990 as a statewide not-for-profit, BCL of Texas successfully promotes business and community development and provides business capital and commercial real estate loans throughout Texas. True to its mission to create jobs through business development, BCL of Texas has helped to create jobs for more than 5,000 Texans. In addition to providing businesses with counseling and technical assistance, BCL of Texas originates, underwrites, processes, closes and services business loans for healthy, growing businesses.

    BCL of Texas is a member of the nationwide NeighborWorks® Network, which engages in revitalization strategies that strengthen communities and transform lives.
  • PeopleFund
    PeopleFund is a non-profit 501(c)(3) that provides loans and financial and technical assistance to people who are left out of the financial mainstream. PeopleFund administers small business and non-profit loans, business consulting, and technical assistance as well as a variety of other programs.

Small Business Administration Loan Programs

Through its local SBA offices in Texas, the U.S. Small Business Administration (SBA) offers several loan programs that can provide financial aid to small businesses. Please visit the following links and offices to get more information:

Federal Grants

The federal government primarily provides grants for research and development. Below are a few websites that provide information about these grants and other types of assistance:



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