Economic Perspectives with Hopeton Hay on KAZI 88.7 FM in Austin, TX

Sources of Capital for Small Business Focus of September 19 Economic Perspectives

Posted by Hopeton on September 17, 2011

Janie Barrerra, president of Accion Texas and Sam Thacker, a partner with Business Finance Solutions, are the guests on the September 19 edition on Economic Perspectives, 5:30 p.m. – 6 p.m. on KAZI 88.7 FM.  Listen live online at kazifm.org.

Janie Barrerra, Accion Texas

The mission of ACCION Texas Inc. is to provide credit and service to small businesses that do not have access to loans from commercial sources, and to provide leadership and service to the micro lending field on a national level.

Established in 1994 in San Antonio, ACCION provides individual business loans from $500 to $50,000 for startups and up to $100,000 for established businesses. ACCION also provides business lines of credit from $5,000-$50,000 for established businesses with two years of financial history.

Additionally, ACCION Texas Inc. is a SBA 504 Certified Development Company. The 504 program provides healthy growing businesses with affordable long-term, fixed-rate financing for major fixed assets, such as land and buildings. ACCION works with the SBA and Private-Sector lenders to provide commercial real estate financing up to $10 million, to small businesses under the SBA 504 Program.

Sam Thacker, Business Finance Solutions

Business Finance Solutions helps small to mid-sized businesses find working capital, subordinated debt, real estate loans, equipment sale leaseback, import / export financing and business credit insurance. Since 1994 Thacker has funded nearly $400 million for 350+ clients.

His specialty is using multiple types of financing to meet a company’s unique needs, often using factoring or asset based loans combined with other more traditional financing methods.

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One Response to “Sources of Capital for Small Business Focus of September 19 Economic Perspectives”

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