5 Best Micro Lending Companies in Texas, United States 

Small business owners in Texas often face challenges obtaining funding from traditional lenders, especially when they have poor credit scores or lack collateral. This is where micro-lending companies come in handy.

You can take a loan for your small business from micro-lending companies in Texas if you own a small business and do not qualify for a loan from a traditional bank. even living in a small town. In this blog, we will discuss the top 5 micro-lending companies in Texas that offer business loans.

1- LiftFund

One of the great examples of micro-lending companies in Texas is LiftFund. They provide small business loans, as well as business education and consulting services, to entrepreneurs in Texas and other states.

It is one of the leading organizations that has offered provided over $500 million in loans to small businesses. Moreover, LiftFund offers loans ranging from $500 to $1 million and has a repayment schedule of up to 10 years. You can avail of consulting services for your small business to grow your business.

2- Accion Texas

Accion Texas is a non-profit organization that provides small business loans to entrepreneurs in Texas. The organization was founded in 1994 and has since provided over $200 million in loans to small businesses in Texas.

Accion Texas offers loans ranging from $500 to $250,000 and has a flexible repayment schedule of up to five years. In addition, it provides business training and consulting services to help small business owners succeed.

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3- Kiva

Kiva is another one of the huge micro-lending companies in Texas that provide microloans to entrepreneurs around the world, including Texas Kiva originated in 2005 and has offered more than $1.5 billion in loans to several small businesses.

Kiva offers loans ranging from $1,000 to $15,000 and has a repayment schedule of up to three years. You can also expect business training and consulting services to help small business owners succeed.

4- Opportunity Fund

Opportunity Fund is another popular micro-lending company in Texas that provides small business loans to entrepreneurs in Texas, as well as in other states.

Opportunity Fund offers loans ranging from $2,600 to $250,000 and has a repayment schedule of up to five years. Similar to others, it also provides business training and consulting services to help small business owners grow their businesses.

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5- PeopleFund

If you own a small business or are an entrepreneur, PeopleFund is the right choice for you. So far, it has offered loans to millions of businesses. PeopleFund offers loans ranging from $500 to $350,000 and has a repayment schedule of up to five years. 

Final Thoughts

As a small business owner in Texas, you have several options for obtaining funding for your businesses. The above 5 micro-lending companies in Texas offer a valuable service by providing loans to entrepreneurs who may not qualify for traditional bank loans.

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