Small Business and Startups offered zero percent loans

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McAllen City has partnered with LiftFund to offer zero percent interest loans for small businesses and startups that are within the city limits of Mcallen.

Any existing small business or startup with the exception of adult entertainment businesses, businesses engaged in lending, or property investment, finance companies, mortgage companies, check-cashing business, or any speculative businesses can apply. 

The credits start at $500 to $500,000 depending on the necessity of the business.LiftFund a Non Profit loan fund also partners with the Small Business Administration to provide the Community Advantage loan and the SBA 504, which can fund large projects up to $5 million and encourage entrepreneurs seeking a Credit in the Rio Grande Valley to visit their website www.LiftFund.com

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