Loan Programs:
PeopleFund Loans
We have a variety of loan products, interest rate discounts, and educational tools to help you and your small business succeed. Our loan officers and underwriters carefully work with each loan to set you up for financial success.
City of Eagle Pass
The City of Eagle Pass has partnered with PeopleFund to implement the Downtown Revolving Loan Fund (DRFL). The DRFL provides a low interest financing option to individuals looking to open a new business in the Central Business District, with a high emphasis on Main Street. Click here to learn more. Please click here to apply for the Downtown Revolving Loan Fund with the City of Eagle Pass.
SBA 504
Our SBA 504 loan is designed for procurement of long-term assets such as land, buildings, and equipment with a useful life expectancy of at least 10 years. If you are making a large real estate transaction, learn more about our SBA 504 loan here.
SBA 7A
The SBA 7A loans are offered through the SBA and are designed to meet the credit, management, and technical assistance needs of small businesses in underserved markets. Offering larger loans (up to $250,000), the Community Advantage loan helps existing small business meet their expansion and growth needs. Click here to apply.
SBA Microloan
Thanks to our partnership with the SBA, PeopleFund offers startup businesses a microloan of up to $50,000 to help entrepreneurs who have been in business for less than two years. The Microloan program also includes MICRO, our onsite and online technical assistance program to help small business owners grow their skills. Click here to apply.
Flash Funds
Does your small business need funds in a flash? We understand that for small businesses to start or grow, they need capital quickly. We offer Flash Funds up to $25,000 so you can get a boost for your business right when you need it most. With low interest rates and fees, you don’t have to worry about a price for speed. With our streamlined process and quick turnaround, you’ll get the capital you need in a flash.