The SBA offers a variety of loan programs and grants to meet the needs of small businesses. Visit SBA for more information.
Industrial Development Bonds
To promote industrial development, industrial revenue bonds are available through San Antonio’s Industrial Development Authority (IDA) and the County’s Industrial Development Corporation (BCIDC). IDA bonds are tax-exempt revenue bonds that can be issued for new construction, building improvements, and the purchase of machinery and equipment. IDA bonds are available for projects with total cost up to $10 million. In addition, the South Texas Business Fund offers loans for small-to-medium sized businesses at competitive interest rates. Visit www.sanantonio.gov for more information about the IDA. Visit www.bexar.org/ed for more information about the BCIDC.
Liftfund is a San Antonio based organization whose mission is to provide credit and services to small businesses and entrepreneurs who do not have access to loans from commercial sources. Visit LiftFund for more information.