Texas Small Business Credit Initiative (TSBCI) is sponsored by Office of the Texas Governor, Texas Economic Development & Tourism Office. The Texas Small Business Credit Initiative (TSBCI) provides capital access and loan guarantee programs to increase funding for small businesses in Texas.

Texas Small Business Credit Initiative Texas Small Business Credit Initiative (TSBCI) The TSBCI Program supports small business growth and helps create new jobs through increased access to small business funding. The program assists all small businesses but focuses on traditionally marginalized and those that have been impacted by the COVID-19 pandemic.

TSBCI is administered by EDT’s Economic Development Finance Division, within the Office of the Governor, on behalf of the U.S. Department of the Treasury. The Texas Small Business Credit Initiative (TSBCI) Program web portal is open for applications from financial institutions interested in participating.

As financial institutions are accepted into the program, they will be added to the list of approved financial institutions that eligible small businesses should contact for loan application details. Through participating financial institutions, Texas administers two TSBCI Programs: the Capital Access Program (CAP) and the Loan Guarantee Program (LGP) .

The CAP provides matching portfolio insurance premium payments to a loan loss reserve (LLR) account created for each participating financial institution. The more loans a lender makes, the more coverage the lender has in the LLR. If a loan is charged-off, the lender can recover up to 100% of the charged-off principal.

By reducing the lender’s portfolio risk, the program provides financial institutions the additional assurance needed to extend loans to small business that otherwise face challenges in accessing capital. Loans of $5,000 up to $5 million may be enrolled in the CAP. The LGP provides guarantees of up to 80% of unpaid principal on enrolled loans.

By providing loan guarantees, the program provides financial institutions the additional assurance needed to extend loans to small business that otherwise face challenges in accessing capital. Loans of $5,000 up to $20 million may be enrolled in the LGP. Financial institutions interested in participating in the TSBCI Programs may apply through the TSBCI Portal linked below.

Socially and Economically Disadvantaged Individuals (SEDI), Very Small Businesses (VSB) and other small business owners should contact their preferred lender to encourage enrollment in TSBCI Programs as a participating financial institution.

Eligibility for Small Businesses Financial institutions may enroll loans from borrowers that meet the following criteria: Very Small Businesses (fewer than 10 employees) and Small Businesses (fewer than 500 employees). These eligible small businesses must also be for-profit organizations, domiciled in Texas and have a minimum of 51% of their employees currently located in Texas.

Eligible small businesses should contact an approved financial institution for loan application details or contact their preferred lender to encourage enrollment in TSBCI Programs as a participating financial institution.

List of Approved Financial Institutions Capital Access Program Fact Sheet Capital Access Program Fact Sheet (Spanish) Loan Guarantee Program Fact Sheet Loan Guarantee Program Fact Sheet (Spanish) TSBCI Administrative Rules Application for Financial Institutions It's now easier to apply!

Financial institutions interested in participating in the TSBCI Program may navigate the simplified application process by launching the TSBCI Portal linked below. For more information about the federal SSBCI program, please visit the U.S. Department of the Treasury’s website. Additional guidance, forms and other resources related to Texas' TSBCI Programs will be posted to this webpage as details become available.