Tag Archives: PeopleFund

PeopleFund Merger Effective June 1

PeopleFund

PeopleFund and Certified Development Corporation of the Southwest are merging. Under the terms of the merger, PeopleFund will be the successor organization. The merger comes with the approval of both the Small Business Administration  and the State of Texas. The merger will create an economy of scale beneficial to Texas small businesses in delivering the SBA 504 loan program. According to CDCSW President/Managing Director Mike Mora, “The benefit of this merger is…

Read More

Emergency Loans Available During Federal Shutdown

Due to the extended period of the government shutdown, nonprofit and social service organizations in need of emergency bridge loans are eligible for up to $50,000 in low-interest capital from PeopleFund. The loans are designed to help nonprofits with government subsidies that rely on federal funding to provide vital community services. Organizations will need to provide proof of federal contract (NOFA or reimbursement agreement), financial statements, recent 990s and other documentation. The…

Read More

Free Financial Workshops Grow Small Businesses

Free financial education, which includes both small business and personal finance, starts Oct. 19 in Edinburg with PeopleFund’s “Financial Education Friday.” The series of free classes take also takes place Oct. 26 and Nov. 16. Held under BBVA Compass Center’s Pilot Program, the series is held at PeopleFund offices in Edinburg, Austin, Dallas, Fort Worth and Houston. The Edinburg office is located at 300 S. Closner Blvd. Ste. 1. Session topics and…

Read More

Alamo Offers Financial Assistance

Alamo Small Business Workshop

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…

Read More