San Antonio Hispanic Chamber of Commerce to provide office space and support
San Antonio, Texas – As part of its five year statewide expansion plan, PeopleFund now has a presence in San Antonio. Today the San Antonio Hispanic Chamber of Commerce (SAHCC) and PeopleFund announced an agreement in which the Chamber provides lease office space and support for the Austin based non-profit. PeopleFund will provide reduced interest rates and closing fees for loans to SAHCC business owner members. Training workshops, educational events, and technical assistance will also be provided at no cost to SAHCC members. The organizations will cross promote events in support of each other.
“We are pleased to have PeopleFund join us in San Antonio” said Ramiro Cavazos, SAHCC President & CEO. “PeopleFund will provide first-rate onsite services to Hispanic Chamber members who want to start, grow, and expand their business”.
Jacquelyn “Jackie” Ramos will provide customer service at the SAHCC Pearl Brewery office in support of Senior Loan Officer Beatriz Pappas. “It is great to add San Antonio as our sixth Texas office” remarked Gary Lindner, PeopleFund President & CEO, who served as COO of LiftFund (formerly ACCION Texas) for six years before moving to PeopleFund. “The partnership with the SAHCC will help us better serve the growing Hispanic business community along with other San Antonio businesses in need of capital and business support services”.
About the San Antonio Hispanic Chamber of Commerce
The San Antonio Hispanic Chamber of Commerce is San Antonio’s leading resource and advocate for Hispanic businesses, Hispanics in business, and provides premier access to the Hispanic market. It provides member benefits through its in involvement in small business development, international trade, government affairs, economic development, and leadership programs.
Peoplefund is a registered 501(c)3 nonprofit organization established in 1994. It is a U.S. Treasury certified Community Development Financial Institution (CDFI) and SBA certified lender. PeopleFund provides business loans up to $350,000 to Texas businesses that do not qualify for bank loans. It also provides client business assistance and education. The target market is minority, women, and veteran business owners and those residing in low to moderate income census tracts. Over 40% of current loans are to startups and non-profit organizations. Through access to capital and educational opportunities, PeopleFund creates economic opportunity and financial stability for underserved people to build healthy small businesses.
PeopleFund: Amber Cooney | Director of Communications & Development SAHCC: Michael Vela | Director of Communications