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PACESETTER CDE INC
Richardson TXCDFI Awards for PACESETTER CDE INC
NMTC (2008) - $30,000,000
Pacesetter CDE, Inc. ("PCDE") will utilize its NMTC allocation to provide subordinate loans with better than market terms to finance small businesses in the State of Texas. PCDE will invest primarily in businesses owned, controlled, and/or managed by women and minorities by offering loans that differ significantly from most commercial loans. These loans will have lower than market interest rates, substantial interest only payment periods, longer than standard loan amortization periods, and no origination fees. A focus will be placed on investments that create an increase in the number of permanent jobs, or the salaries of those jobs.
Other Community Development Financial Institutions in Texas
ACCION Texas, Inc.
San Antonio
Azteca Community Loan Fund
San Juan
Bexar County Teachers Federal Credit Union
San Antonio
Community Development Corp. of Brownsville
Brownsville
Community Development Loan Fund
San Antonio
Community Development Loan Fund (CDLF)
San Antonio
Equitrend Capital
Amarillo
Neighborhood Housing Services of Dimmit County, Inc.
Carrizo Springs
PACESETTER CDE INC
Richardson
Rural Development and Finance Corporation
San Antonio
Featured Government Grant Resources
Small Business Administration's Loan Guarantees Program
The Small Business Administration has established the Loan Guarantees Program wherein they aim to be able to provide guaranteed loans to small business establishments which are not capable of acquiring financing from a private credit marketplace but greatly manifests the ability to repay funds in a timely manner.
Business Loans From GovLoans
The government has launched innumerable programs that are all geared towards the achievement of this goal. Some of these programs involve the provision of technical assistance, training sessions, and strategies that would potentially help business owners in marketing their products and in expanding their businesses.
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