CHAMPION FOR VETERAN ENTREPRENEURS Rocio Vallejo Director of Lending.
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CHAMPION FOR VETERAN ENTREPRENEURS Rocio Vallejo Director of Lending
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Transcript of CHAMPION FOR VETERAN ENTREPRENEURS Rocio Vallejo Director of Lending.
CHAMPION FOR VETERAN ENTREPRENEURS Rocio Vallejo
Director of Lending
Texas registered Non-Profit 501(c)3 and U.S. Treasury certified Community Development Financial Institution (CDFI) SBA certified lender - SBA microloan to $50,000, SBA 7A up to $250,000Provide loans to small businesses, nonprofits and startups up to $250,000Commitment to economic and social inclusion for Texas small business owners and entrepreneurs
Who We Are
Texas Market Small business is BIG business in Texas254 counties2.2 million businesses with 5 or fewer employeesRepresent 89.4% of all Texas businessesAccess to capital cited as biggest challenge If just 1 of 3 small business hired a single employee, U.S. would be at full employment
Bexar County Microbusinesses
149,540 = 88.88% of all Bexar County businesses
If 1 of 3 hired a single employee
149,059 jobs created
Texas Veterans
County
Total Veteran
Population, 2011
Male Veteran
Population, 2011
Female Veteran
Population, 2011
Age Groups
17 to 44 45 to 64 65 to 84 85 and up
Bexar 158,710.00 136,790.00 21,920.00 47,833.00 65,973.00 36,069.00 8,835.00
Bexar County Veteran Data
One in 7 Veterans owns a business
One in 14 Americans own a business
Nike, FedEx, Chick-fil-A, Little Cesar's
Capital Support to PeopleFund for Veterans
USAA Federal Savings Bank
Capital One
State of Texas
Meadows Foundation
Oryx Foundation
PeopleFund Supports VeteransPresident & CEO – Vietnam Combat VeteranWork closely with veteran support organizations
o Texas Veterans Commissiono State of Texas, Governor’s Office o Veteran Business Outreach Centero U.S. Veterans Chamber of Commerceo SBA, Small Business Development Centers, VAo VetFran (IFA)
Today we have over $1 million in loans to veterans Another $1 million+ each year
Support the entrepreneurial businesses of military active duty, retired, and honorably discharged veterans, Reserve and National Guard. Military spouses also eligible Loans from $1,000 to $250,000 Veterans: 5% interest rate loansStartups welcome Must be Texas resident Military ID or copy of DD 214 required with other loan documents
PeopleVET Program
Ideal Program for Start-UpsPartner with Small Business Development Centers o Texas State SBDCo UTSA SBDC
Three Month Program o 12 Contact Hours o 2 hours every other week
Program Graduateso 5% Interest Rateo Eligible for $20,000 loan or more
PeopleVET Training Programs
Hammons Family Dental - Army Iraq Veteran, turned down by banks, Dr. Hammons got a $100,000 loan to buy equipment for his dental practice._____________________________________________________________D&G Design Store – Two Iraq tours, Greg Urquhart received a $15,300 loan to startup a designer bead store__________________________________________________________Scrubtopia Medical Outfitters – While Andrew Woods was deployed to Afghanistan, Andrew & Dynisha Woods got a $63,000 loan for startup medical outfitter____________________________________________________________BIAO Skincare – Two Army tours in Afghanistan, Nicole Baldwin received a $50,000 loan for a natural organic skin care line
Sample Veteran Loans
How to Apply
Online at www.peoplefund.orgClick on “get a loan”
Call 888-222-0017Ask to speak to a loan officer
Visit Us2921 East 17th St., Austin, TX 78702
2801 Swiss Ave., #120, Dallas, TX 7520412337 Jones Rd. #407 Houston, TX 77070813 N. Main Street, #201B McAllen, TX 78501
Contact UsBeatriz Pappas
Senior Loan Officer – South Austin/
512-222-1017
Marco MelendezLoan Officer – North Austin/Waco
Jesse SanchezLoan Officer – Rio Grande Valley
Mari MontoyaSenior Loan Officer -
214-942-6698
Erika DownsLoan Officer – Fort Worth
Sandra Gonzales Loan Officer – Houston
713-550-4515
THANK YOU FOR YOUR SERVICE
PeopleFund Salutes You
