Small Business Loans
PeopleFund is the leading non-profit small business lender within Austin and Central Texas.
2010 PeopleFund Loan Application »
2010 PeopleFund Loan Application (Spanish) »
Key Benefits of PeopleFund Loan Products:
- Low down payment or equity contribution
- Flexible underwriting
- No pre-payment penalties
- Supportive staff that will assist with guidance and training to facilitate success.
Through loans and services, PeopleFund helps entrepreneurs strengthen their businesses and contribute to the economic revitalization of their communities.
Term Loans
- Loan Amount: $20,000 up to $250,000 (Qualified Existing Ventures)
- Interest Rates:up to 13%
- Term of Note: up to 5 Years
- Fees: closing fees apply
Commercial Real Estate Loans (East Austin Only)
- Loan Amount: $20,000 to $250,000
- Interest Rates: up to 12%
- Term of Note: 5 year balloon with amortization schedules up to 25 years
- Fees: closing fees apply
Revolving Lines of Credit
- Loan Amount: $20,000 to $250,000 (Qualified Existing Ventures)
- Interest Rates: up to 13%
- Term of Note: Up to 18 Months (Renewable at End of Term)
- Fees: closing fees apply
