Governor Abbott Announces Texas Small Business Credit Initiative Program’s Approved Financial Institutions List, New Application Process
October 16, 2024
Governor Greg Abbott today announced that the newest list of approved financial institutions participating in the Texas Small Business Credit Initiative (TSBCI) Program is available online as well as a new, simplified application process for financial institutions. The TSBCI Program supports small business growth and helps create new jobs through increased access to small business funding.
“Small businesses are the very backbone of the mighty Texas economy,” said Governor Abbott. “Nearly half of all Texans are employed by the more than 3 million small businesses in our great state. I encourage Texas financial institutions to participate in the Texas Small Business Credit Initiative Program and apply through the simplified application process. Small businesses should contact an approved participating financial institution to ask about loan details. Greater access to financing and affordable loans for Texas small businesses means more job growth and more paychecks for more Texas families.”