Tag: SBA

PeopleFund & Certified Development Corporation of the Southwest Announce Merger

Merger will consolidate SBA 504 Lending under PeopleFund Austin, Texas – Both the Small Business Administration (SBA) and the State of Texas have approved the merger of PeopleFund and Certified Development Corporation of the Southwest (CDCSW). Under the terms of the merger PeopleFund will be the successor organization, effective June 1, 2019….

Merger will consolidate SBA 504 Lending under PeopleFund Austin, Texas – Both the Small Business Administration (SBA) and the State of Texas have approved the merger of PeopleFund and Certified Development Corporation of the Southwest (CDCSW). Under the terms of the merger PeopleFund will be the successor organization, effective June 1, 2019….

Collateral Damage: The Impact of the Government Shutdown on Small Businesses

By Meghan C. Rauker The ongoing partial government shutdown has now entered its 27th day, the longest lasting government shutdown in United States history. An estimated 800,000 federal workers have been affected by the lapse in funding—either by having to work without pay while it lasts or by being furloughed. JP Morgan…

By Meghan C. Rauker The ongoing partial government shutdown has now entered its 27th day, the longest lasting government shutdown in United States history. An estimated 800,000 federal workers have been affected by the lapse in funding—either by having to work without pay while it lasts or by being furloughed. JP Morgan…

Bank of America Launches $20 Million Lending Program for U.S. Military Veteran Entrepreneurs

Program Will Increase Access to Affordable Loans for Veteran-Owned Businesses June 8, 2018     CHARLOTTE – Bank of America today announced a $20 million Veteran Entrepreneur Lending Program to connect U.S. military veteran business owners with affordable capital to help kick-start and grow their businesses. “Helping our veterans translate their skills…

Program Will Increase Access to Affordable Loans for Veteran-Owned Businesses June 8, 2018     CHARLOTTE – Bank of America today announced a $20 million Veteran Entrepreneur Lending Program to connect U.S. military veteran business owners with affordable capital to help kick-start and grow their businesses. “Helping our veterans translate their skills…

PeopleFund Partners with Rebuild Texas Fund for Ongoing Harvey Relief

The Hurricane Harvey Relief Fund will provide 0% interest rate loans for recovering small businesses Austin, Texas – Small businesses are the heart of the Texas economy, and in the wake of last September’s devastating category 4 hurricane, many entrepreneurs are still struggling through the recovery process. According to the Federal Emergency…

The Hurricane Harvey Relief Fund will provide 0% interest rate loans for recovering small businesses Austin, Texas – Small businesses are the heart of the Texas economy, and in the wake of last September’s devastating category 4 hurricane, many entrepreneurs are still struggling through the recovery process. According to the Federal Emergency…

PeopleFund’s Jesse Sanchez SBA Financial Services Champion of 2016

Rio Grande Valley Loan Officer Recognized for Mission-Driven Lending Achievements McAllen – On May 3rd, the U.S. Small Business Administration (SBA) District Director Angela Burton recognized PeopleFund Loan Officer Jesse Sanchez as the 2016 Area Financial Services Champion of the Year. Through partnerships with local financial institutions and the SBA, Jesse worked…

Rio Grande Valley Loan Officer Recognized for Mission-Driven Lending Achievements McAllen – On May 3rd, the U.S. Small Business Administration (SBA) District Director Angela Burton recognized PeopleFund Loan Officer Jesse Sanchez as the 2016 Area Financial Services Champion of the Year. Through partnerships with local financial institutions and the SBA, Jesse worked…

PeopleFund Receives SBA Lending Award

PeopleFund was recently recognized in the San Antonio Business Journal as a Top Region 6 Lending Institution for 2015 through the U.S. Small Business Administration. This recognition is in support of our growing lending services across Texas.

PeopleFund was recently recognized in the San Antonio Business Journal as a Top Region 6 Lending Institution for 2015 through the U.S. Small Business Administration. This recognition is in support of our growing lending services across Texas.

PeopleFund Receives $75,000 SBA PRIME Award for Technical Assistance

Thirty-nine community-based organizations across the United States that provide assistance to disadvantaged entrepreneurs are set to receive $5 million in grants from the U.S. Small Business Administration’s (SBA) Program for Investment in Micro-Entrepreneurs (PRIME).  These organizations help low-income entrepreneurs gain access to capital to establish and expand their small businesses. “By training…

Thirty-nine community-based organizations across the United States that provide assistance to disadvantaged entrepreneurs are set to receive $5 million in grants from the U.S. Small Business Administration’s (SBA) Program for Investment in Micro-Entrepreneurs (PRIME).  These organizations help low-income entrepreneurs gain access to capital to establish and expand their small businesses. “By training…

Press Release: PeopleFund Opens San Antonio Office

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…

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…

SBA 7A Loans Reach $100 Million Mark

The Small Business Administration Community Advantage Pilot Program hit a major milestone this week- they reached the $100 million mark. Community Advantage (CA) reached this milestone over three years after the initiative to increase lending to underserved communities was launched in February 2011. Community Advantage was designed as a three-year pilot program aimed…

The Small Business Administration Community Advantage Pilot Program hit a major milestone this week- they reached the $100 million mark. Community Advantage (CA) reached this milestone over three years after the initiative to increase lending to underserved communities was launched in February 2011. Community Advantage was designed as a three-year pilot program aimed…