MileOne is proud to Partner with PeopleFund. PeopleFund is a non-profit 501(c)(3) microlender creating economic opportunity and financial stability for underserved people by providing access to capital, education, and resources to build healthy small businesses.
PeopleFund provides small business loans as well as business assistance and education to people with otherwise limited access to such resources. Since being founded in east Austin in 1994 as Austin Community Development Corporation, PeopleFund’s financial and educational assistance has helped create thousands of jobs and empowered an even greater number of Texans on a path to financial stability and independence. PeopleFund is a Community Development Financial Institution (CDFI) and operates as a non-profit 501(c)(3) serving all of Texas.
Our lending program is the cornerstone of our organization. We provide financing to deserving but underserved small businesses and nonprofits for equipment purchases, permanent working capital term loans, revolving lines of credit, and real estate. With flexible underwriting and no pre-payment penalties, we offer interest rates and terms of up to 60 months (longer in special cases). Learn if you qualify for one of our small business loans today.
We offer our clients a host of essential business assistance services including educational workshops and One-to-One Mentorship through our network of professional volunteers and partner organizations. We also provide access to critical small business resources and stay connected to the community through our many events.