Rodrigo Cadena started his business life in the United States with a single pastry and cake shop in Mission. As the CEO of Los Pastelas Caseros de Gaby’s, his goal from inception was to scale up with more locations in the Rio Grande Valley. The cake shop company has its roots in Mexico, where it has three locations in the Reynosa area. Cadena aimed for similar successes in the U.S.…
The Pharr Economic Development Corporation has partnered with LiftFund to launch of its new small business program providing local small businesses in Pharr with assistance and debt relief. LiftFund’s mission is to provide credit and services to small businesses and entrepreneurs who do not have access to loans from commercial sources and to provide leadership and innovation to the micro-lending industry. Since its founding, the organization has provided over $287…
The City of McAllen and nonprofit small business lender LiftFund are aiming to help small business owners seeking to grow or begin a new business by offering interest-free funding. The program offers zero percent interest loans to small business owners who do not have access to acquire loans through more traditional sources. Loan amounts will vary based on the size and need of the business. Businesses may use the funds…
Are you interested in owning your own business or improving your existing venture but are not willing to take the risk because of financial roadblocks or other uncertainties? A San Antonio-based company with two offices in the Rio Grande Valley can offer advice for start-ups and existing businesses, and loans of anywhere from $500 to $50,000. Called LiftFund, the company makes loans at interest rates ranging from 9 percent to…
The City of Alamo will host its biannual Small Business Workshop Sept. 19 to educate business owners on ways to get financial assistance as well as help bring ideas to fruition. Alamo EDC Director Rafael Tapia will discuss Alamo programs as well as available opportunities such as the Revolving Loan Program and Micro-Loan Program. These programs assist small businesses and start-ups by providing a low-cost alternative financing option. Information on Texas…