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Capital access program
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Texas Launches Small Business Credit Initiative to Expand Access to Funding
by Dallas Innovates | Staff Report | Oct 7, 2023
A web portal for the Texas Small Business Credit Initiative goes live on Oct. 9. Small business owners, it's time to engage with your lenders to explore this new avenue for financial support.
by David Seeley |
Mar 15, 2023
Under the SSBCI, Texas now has the potential to receive more than $472 million in U.S. Treasury Department funds to operate two programs. One is a capital access program, which will provide portfolio insurance for business loans and has been allocated $118 million. The other is a loan guarantee program that will increase access to capital for Texas small businesses—and that's being allocated $354.1 million.
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