Areas Served: Brady, Cuero, Hempstead, Luling Texas
Community Micro Loans are available for businesses through partner communities: Brady, Cuero, Hempstead, Luling.
Loans are for 5 years, require 10% equity, begin at $5,000 and cannot exceed $25,000. Rural communities committed to local business development are invited to engaged BCL to set up and the administer their local micro loan funds.
BCL staff can help develop local lending policies and procedures to secure state matching funds for the micro loan pool.
Once the loan pool is capitalized, our loan officers underwrite, process and service the loan portfolio for each participating micro enterprise partner community.
The BCL micro loan portfolio exceeds $1,000,000.
Contact InformationBusiness & Community Lender (BCL) of Texas
Address: 2212 S. Congress Ave.
City: Austin
State: Texas
Website:
http://www.bcloftexas.org/services.aspx
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