Business Loans in Austin

We’ll help you find the best loan for your business, with the lowest interest rates in Austin.

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The capital city of the great state of Texas is Austin, and it’s one of the fastest-growing cities in the entire United States. The city of Austin, in Travis County, has over 975,000 residents, lovingly referred to as Austinites, including a diverse mix of government employees, college students, musicians, high-tech professionals, and blue-collar workers. The city’s official slogan promotes Austin as “The Live Music Capital of the World,” in reference to the city’s many talented musicians and impressive live music venues.

Since the 1990s, Austin is emerging as a center for tech and business, with a strong economic background in government, high-technology, and education. Austin is home to a number of Fortune 500 companies’ headquarters and regional offices. The University of Texas at Austin, attended by over 50,000 students, is also located in the bustling city. Austin accumulates thousands of graduates from the University’s engineering and computer science programs each year, providing a steady source of employees that help fuel the area’s technology and defense industries.

From an economic perspective, it may seem that Austin, TX, has a lot going for it. However, the small businesses in the greater metropolitan area still face an array of challenges getting small business loans or working capital for that matter. Traditional lending outlets often include banks or credit unions, but these typically have stringent guidelines, strict requirements, and mountains of paperwork for their conventional loans and limited loan alternatives for small businesses. That’s where AdvancePoint can come in to help Austin small business owners find the appropriate alternative lending option for their company.

How Do I Get A Small Business Loan in Austin?

If you're looking for a small business loan in Austin for your company, you have a few different options. The most common type of small business loan is from a bank or credit union. However, there are also online lenders and alternative lenders that may be a good fit for your business. And if you're struggling to qualify for a traditional loan or SBA loan from a bank, there are also other options available with attractive interest rates.

Advancepoint Capital is a leading provider of business loans in the city of Austin. We offer a variety of business loans and other products with favorable terms and low interest rates. We have a quick and easy application process, and we can often get you the loan you need in as little as 24 hours with our experienced team.

The 9 Best Financing Options and Resources for
Austin Small Businesses

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Long Term Business Loans in Austin

Business Line of Credit

Business Line of Credit

Short-Term Business Loan for a California Small Business icon

Short Term Small Business Loans

Small Business Cash Advance for a California Small Business

Business Cash Advance

Merchant Cash Advance for a California Small Business

Merchant Cash Advance

Equipment Financing for a California Small Business

Equipment Financing

SBA Loan

Small Business Administration SBA Loans

Invoice Financing

Invoice Financing

Invoice Financing

Purchase Order Financing

austin texas resource guide

U.S. Small Business Administration

How to Grow Your Business in Texas

View the Small Business Resource Guide for information and assistance in growing your local business, exploring funding options, and contracting.

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Why Do Austin Small Business Owners Need Financing?

The list of the most common small business needs:

Access to Working Capital
Equipment
Inventory
Business Plan Expansion (capital for growth and additional work)
Building Construction and/or Renovation/con
Help for Cash Flow shortages
Website Development, Construction, and Maintenance
Provide Emergency Financial Resources
Advertising / Marketing needs
Recruitment of Employees and Training Resources

Additional Resources & Loan Programs

Austintexas.gov https://www.austintexas.gov/department/family-business-loan-program Family Business Loan Program- The Family Business Loan Program is a public-private partnership between the City of Austin, HUD, and participating private lenders to offer low-interest loans to qualified small businesses that are expanding and creating jobs. Our mission is to enable existing local businesses to expand and create jobs, revitalize communities, increase the tax base of the City of Austin, and enhance the overall quality of life for Austin residents.

PeopleFund https://peoplefund.org/about-us-small-business-loans/locations/small-business-loans-austin-texas/PeopleFund creates economic opportunity and financial stability for underserved people and communities by providing access to capital, education, and resources to build healthy small businesses.

PeopleFund Business Resourceshttps://peoplefund.org/about-us-small-business-loans/business-resources-start-up-business-loans-in-austin/

BiGAUSTIN Business Investment Growth https://www.bigaustin.org/lending BiGAUSTIN has been committed to meeting the unique financial needs of new and existing entrepreneurs since its inception in 1995. As a local non-profit and micro-lender, BiGAUSTIN provides a streamlined loan process that allows for rapid loan decisions. BiGAUSTIN is a Community Development Financial Institution (CDFI) certified by the U.S. Department of Treasury.

Texas Economic Development https://gov.texas.gov/business/page/financing-and-capital Financing and Capital for Small Businesses - The Governor’s Office of Small Business Assistance works closely with a variety of partners to facilitate small businesses accessing capital.

Texas Workforce Training Grants. The Texas Workforce Commission (TWC) offers the Skills for Small Business grant. This supports businesses with fewer than 100 employees and incentivizes training for new, full-time workers. Support is also available to upgrade the skills of existing full-time workers.

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Frequently Asked Questions

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