Are you ready?

Not sure what documents to prepare?

HERE is a list of attachments and documents you’ll need to have prepared for your application. The type and amount of documents depends on the amount of funding you request and your business type. We consider a startup any business that has been in operation for less than 2 years. You can download a template for your personal financial statements here.

Want to know how to put together the best application possible? Watch this video from our underwriting team talking about common mistakes on the loan application and how you can avoid them:

Worried about your past?

Although our loan approval is based on credit, collateral, cash flow, etc., we consider each loan on its own merits. We understand that issues arise and will do our best to provide the best opportunity for your business. We also work with previously incarcerated individuals or those with prior misdemeanor or nonviolent felony convictions.

Curious about how to use a PeopleFund loan?

PeopleFund provides loans and lines of credit for real estate, leasehold improvements, equipment purchases, personnel expansion, and more. Our clients use funds to grow their business, build and market their product or service, and create jobs. We do not provide loans to individuals for personal financial use – just for business purposes.

Our Loan Programs and Interest Rates

  • We offer interest rates that vary from 7 – 15%.
  • Our terms consider your ability to repay the loan, with a maximum term of 84 months.
  • We lend up to $5 million for existing small businesses.
  • Interest rate discounts are available for Veteran owned businesses and other specialty programs. Ask us for more information.


  • Interest rates are based on PRIME rates and eligibility.

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.


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. Learn more about Flash Funds. Click here to apply. 

Click here to learn about Coronavirus relief programs.