Please click here to start your application if you are looking to apply for a loan under the City of Victoria’s Business Resiliency Microloan Program.
In order to be eligible for the program, a business must have suffered financial losses due to COVID-19; must have a physical address in the City of Victoria; must be up-to-date on City and County property taxes; and must have good credit with a minimum credit score of 600 as of Jan. 31. Exceptions to these requirements may be considered on a case-by-case basis by PeopleFund, especially if a business’s failure to meet requirements is related to COVID-19.
Loans will be provided at 0% interest for the first six months; afterward, the interest rate will increase to a maximum of 5%. Interested businesses can apply for loans up to $50,000.
PeopleFund Headquarters
2921 E. 17th Street Building D Suite 1
Austin, TX 78702
Hours: 9am to 6 pm
We are currently working remotely. If you have questions about the program, please call 888-222-0017, or fill out the form below and specify the program in the “Message”:
DISCLAIMER: Participants in this relief program receive financial assistance in the form of loans up to $50,000. Loans will be provided at 0% interest for the first six months. The interest rate will increase to a maximum of 5% after the first six months. APR is 5% or lower. A loan service fee will be paid by the borrower at the time of the loan closing or will be financed in the total loan amount. Participants shall meet eligibility requirements and PeopleFund underwriting criteria to enroll in the program.