Texas Small & Diverse Growth Fund

Texas Small & Diverse Growth Fund is sponsored by Business & Community Lenders of Texas (BCL of Texas). Provides loans ranging from $5,000 to $50,000 to minority and women-owned businesses in Texas for mission-aligned projects and measurable outcomes.

Small Businesses (up to $50,000) - Business & Community Lenders of Texas | Austin and Dallas Our work with you on a loan application is not a commitment to lend or extend credit. Just getting started? BCL of Texas offers full-cycle lending services to help you build your business.

We provide business coaching, personalized lending solutions to fit you and your business, and one-on-one coaching for the life of your loan. Submit your loan inquiry! Texas Small & Diverse Growth Fund Did you know?

While there was a 48% increase in minority business ownership over the past decade, this growth pales in comparison with non-minority firms. BCL of Texas is here to help level the playing field with customized lending plan that will help you strategically grow your business.

Our Small & Diverse Growth Fund for minority and women-owned businesses offers more flexible underwriting and collateral requirements than traditional lending programs, and is designed specifically to meet your needs as a small business owner.

Get started in 5 easy steps: Complete your Financial Readiness Assessment and work with our team to develop a strategic growth plan Apply for a loan starting at $5,000 or all the way up to $50,000 Decision turnaround in 7 business days* Take advantage of no-cost business coaching throughout the life of your loan *Upon the receipt of all required documents Schedule your consultation!

BCL’s goal is to keep Texas communities as strong and vibrant as the people who live here. That’s why we’re offering business capital lending for new business owners within two years of opening shop . We provide no-cost coaching and technical assistance for the life of your loan, and our approach is always customized to your individual needs.

Loans of $20,000 up to $50,000 Eligible uses: working capital, real estate, furniture, fixtures, equipment, lines of credit, and more Free business coaching for the life of the loan Use the lender request link above to submit an inquiry for a lending specialist to contact you.

The DECA Loan Fund is a dedicated small business loan program, powered by BCL of Texas, serving active members of the Diversity Ethnic Chamber Alliance (DECA) in Central Texas. The Diversity and Ethnic Chamber Alliance (DECA) is comprised of the Austin LGBT Chamber of Commerce, Greater Austin Asian Chamber of Commerce, Greater Austin Black Chamber of Commerce, Greater Austin Hispanic Chamber of Commerce.

Loan Amount: $10,000 – $50,000 Term: 36–60 months depending on use of funds and business profile Interest Rate: Not to exceed WSJ Prime + 3% Repayment: Equal monthly principal and interest payments term Line of Credit and Interest-Only Option up to 6 months may be available for existing businesses, three years or older, experiencing productive growth and expansion DECA loans may be used for: Commercial Real estate acquisition Ineligible uses include repayment of delinquent taxes without a payment plan, owner reimbursements, ownership buyouts, or prohibited business activities To qualify, businesses must: Be an active member of a DECA chamber Be legally formed in the State of Texas Be an existing for-profit business operating at least two years Provide two years of filed tax returns Have gross revenues generally between $50,000 and $10 million Meet minimum business and personal net worth thresholds Have a credit score of 580+ Additionally, the business must meet at least one public purpose aligned with BCL’s mission, such as: Located in or serving Low-to-Moderate Income communities Located in Opportunity Zones, redevelopment areas, or rural communities Demonstrating job creation or retention Business must be located within the Austin MSA: Loans under $25,000 may qualify for unsecured financing, depending on underwriting A blanket UCC lien will be filed Personal guarantees required for owners with 20% or more ownership Step 1: Lending Inquiry - Schedule a 1:1 lending conversation to confirm eligibility and discuss your financing needs Step 2: Application Invitation - Eligible applicants receive an online application link.

Step 3: Underwriting - Completed applications are reviewed and underwritten with a decision typically within 5–10 business days All loans are subject to underwriting and loan committee approval Schedule a DECA Loan Fund Inquiry