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A streamlined program for borrowers with reasonable credit that need to borrow up to $25,000; the Fast Track Loan is designed for small businesses located in low to moderate income areas with one or more years of operating experience.


  • Business has operated for a minimum of one year
  • Located in a low income area in the Houston metropolitan area
  • Fewer than five employees
  • Minimum credit score of 640
  • Eligible businesses must provide a service or product that is made available to and benefits low-moderate income citizens in the area.

Terms and Conditions

  • Loan amounts – $5,000 to $25,000
  • Seven year term, fully amortized
  • Interest rate – 9.50% fixed
  • Prepayment penalty of 5% in the first year of the loan
  • Management and technical assistance provided in conjunction with loan
  • Ineligible businesses types include home-based companies, non-profits, religious organizations, sexual or liquor oriented establishments, residential builders, investors, speculative real estate, publishers and broadcasters.

Other Program Features

  • Loan proceeds can be used for equipment, working capital, furniture and fixtures
  • Quick turnaround time and underwriting – typically within 72 hours
  • Low monthly payments
  • $350 processing fee
  • Loan payments automatically drafted from the business checking account
  • 3 months of bank statements, business tax return and financial statements are required
  • Utilizes Fair Isaac Credit Score System, which evaluates credit score of the applicant and industry data, including current and recent past due accounts


Fast Track Loan Application [pdf]

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