Texas Small Business Credit Initiative
The Texas Small Business Credit Initiative (TSBCI) 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 a listing accessible under the Resources section of this webpage.
Socially and Economically Disadvantaged Individuals (SEDI), Very Small Businesses (VSB) and other business owners should contact their preferred lender to encourage enrollment in TSBCI as a participating financial institution. Through participating financial institutions, Texas administers two TSBCI programs; the Capital Access Program (CAP) and the Loan Guarantee Program (LGP), which are open to eligible Texas businesses with 499 or fewer employees.
These programs will assist small business growth and create new jobs through increased access to small business funding. In addition, the TSBCI programs will assist all small businesses, but will focus 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.
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 program will be posted to this webpage as details become available.
Resources: