5 Small Business Loans & SBA Lenders in Texas in 2025

2. Cash Flow Financing

Credit Suite's Cash Flow Financing addresses the needs of entrepreneurs with bad credit.

With Cash Flow Financing, entrepreneurs can secure working capital based on their future cash flow projections rather than relying solely on their credit history or collateral. This means that even if you have limited credit or assets, you can still qualify for funding.

By using advanced technology and data-driven algorithms, Credit Suite is able to assess the potential of your business and provide tailored financing solutions that meet your specific needs. With this flexible financing option, you can invest in new equipment, hire additional staff, launch marketing campaigns, or cover any other expenses necessary for growth.

Don't let traditional lending barriers hold you back – embrace the power of Cash Flow Financing from Credit Suite and take your Texas business to new heights.

3. The Huntington National Bank

The Huntington National Bank has earned a sterling reputation in Texas, particularly for its dominance in Small Business Administration (SBA) 7a loan offerings. Standing tall as the top lender for this sought-after loan program in the state, Huntington has set a new standard in small business financing.

What sets Huntington apart is not just the volume of SBA 7a loans they process, but their tailored approach. Unlike other banks that offer a one-size-fits-all solution, Huntington focuses on customizing their SBA loan offerings to fit each unique business. This bespoke service ensures that small business owners receive financial solutions that align precisely with their needs and goals.

Huntington's expertise in the SBA 7a program is unparalleled. They navigate the complexities of this federal loan program with ease, making the process smoother for business owners. This proficiency is a significant relief for entrepreneurs who often find federal loan programs daunting and intricate.

The Small Business Administration loan application process is both extensive and demanding. Having support from financial professionals alleviates stress and helps your small business navigate obstacles seamlessly.

Moreover, Huntington's commitment to small businesses extends beyond just lending and SBA loan access. They offer invaluable guidance and support, helping business owners not just in securing funds but in planning their financial future. This holistic approach to banking makes Huntington National Bank a distinguished and trusted partner for small businesses in Texas as well as a preferred SBA lender.

4. Wells Fargo Bank

Wells Fargo has firmly established itself as a key player in Texas' small business lending space, particularly through its impressive handling of SBA 7a loans. As the lender with the second-highest volume of SBA 7a loans in the state, Wells Fargo demonstrates its commitment to empowering local businesses through SBA lending.

Wells Fargo's prowess in SBA 7a loans is a testament to their deep understanding of the needs of small businesses. They offer a streamlined process, making it easier for entrepreneurs to navigate the often complex world of SBA loans. This efficiency is crucial for business owners who value time and simplicity.

Beyond SBA 7a loans, Wells Fargo boasts a diverse array of small business loan offerings. Their portfolio includes unsecured business loans, equipment finance, and lines of credit, each designed to cater to different facets of business needs. Wells Fargo's equipment finance, for instance, is a standout product, providing businesses with the necessary funds to purchase or lease equipment.

What truly distinguishes Wells Fargo is their blend of vast resources and personalized service. They offer the reliability and expertise of a large bank while still maintaining a close connection with their clients. This balance makes Wells Fargo an attractive option for Texas small businesses seeking a lender that can offer both substantial support and a personal touch.

5. BayFirst National Bank

BayFirst National Bank may not be as widely recognized as some larger institutions, but it has carved a significant niche in Texas' small business lending landscape. Known for their customized approach, BayFirst National Bank stands out for its dedication to crafting loan products that align perfectly with the unique needs of each business they serve.

One of BayFirst's key strengths is its range of small business loan options. They offer everything from term loans and lines of credit to more specialized financing like commercial real estate loans. This variety ensures that no matter the business's size or sector, there's a financial solution available at BayFirst.

What sets BayFirst apart is their personal touch in banking. They prioritize building strong relationships with their clients, understanding that each small business has its own story and specific financial requirements. This customer-centric approach is reflected in their flexible terms and competitive rates, which are tailored to meet the diverse needs of Texas entrepreneurs.

BayFirst also stands out for its quick decision-making process. Understanding the fast-paced nature of small businesses, they strive to provide timely responses and expedited loan processing. This efficiency is vital for business owners who need quick access to funds to seize growth opportunities or manage cash flow challenges. BayFirst National Bank emerges as a top choice for those who value a blend of personalized service, diverse loan products, and efficiency in their banking partner.

Small Business Grants in Texas

Funding your small business doesn’t always mean having to take a trip down to Texas Capital Bank, Texas First Bank, or Texas Trust Credit Union for Texas small business loans. 

Grants are a desirable form of funding because you don’t need to pay them back. More than that, there are numerous small business grant opportunities that the average small business owner may qualify for. 

Some of the best Texas small business grants include: 

• The Texas Workforce Commission’s Skills for Small Business Grant Program: The Texas Workforce Commission’s Skills for Small Business Grant Program supports small businesses with fewer than 100 employees to train new and incumbent workers. This Texas Workforce Commission grant will fund full-time training, offering $2,000 per new employee and $1,000 per incumbent employee. 

• The Texas Enterprise Fund: Looking to build a new facility or expand one you already own? The Texas Enterprise Fund may be the right grant for you. While there are stringent stipulations and an extensive application process, you may receive anywhere from $1,000 to $10,000 per project.

• Young Farmer Grants: Young Farmer Grants are designed to fund agricultural endeavors in the state of Texas. Applicants receive anywhere from $5,000 to $20,000 in funding from the Texas Department of Agriculture. As with the other grant programs, take care to read the terms to ensure you receive funding and use it properly.

Are you looking to obtain funding and are located in a specific city? There are numerous small business grants that are location-based. 

Examples include the Open for Business Grant Program in Houston, the San Antonio Economic Development Department grant programs, and the Dayton Community Development Corporation grant programs. 

These could help you with anything from establishing merchant services to developing new products.

Assess all of your options to maximize your funding.

Government and Nonprofit Financing Programs in Texas

What are your options beyond grants? If you’re looking for an alternative lender besides banking institutions offering an SBA loan, consider government and nonprofit financing programs. 

There are several non-profit lenders in the state of Texas that go the extra mile for businesses. 

This includes offering business guidance and workshops (learning more about business term loan solutions, business credit card options, and beyond), lower interest rates when borrowing, and greater leniency when assessing your credit score and creditworthiness. 

A low personal credit score and business credit score can be a major barrier to receiving traditional funding. 

This is certainly more desirable than having to rely on the Small Business Administration for all of your funding.

Some of the non-profit lenders in Texas you should consider approaching for business term loans include:

• LiftFund

• BCL of Texas

• PeopleFund

You can find other community development financial institution options (CDFIs) using https://ofn.org/cdfi-locator.

Texas also offers several lending programs you can take advantage of to meet a business's need for funding. 

The first is the Texas Small Business Credit Initiative. The TSBCI provides small business funding in the form of the Capital Access Program (CAP) and the Loan Guarantee Program (LGP). 

These programs may extend loans totaling anywhere from $5,000 to $20 million.

Another option is the Texas Micro-Business Disaster Recovery (MBDR) Loan Program. 

This loan program only offers financing during times of crisis. However, it can be invaluable to prevent your business from falling on hard times and being unable to recover. 

Unlike conventional loans with longer loan term agreements or a working capital loan, these programs typically have a deadline. This program will end on August 31st, 2025.