Searching for trusted El Paso SBA lenders to power your business growth? Our comprehensive directory connects El Paso entrepreneurs with approved SBA loan providers throughout the city and surrounding communities. Whether you’re exploring SBA 7(a) loans, 504 loans, microloans, or disaster assistance, our list features the most active small business lenders with competitive rates and flexible terms for El Paso businesses. Discover which local banks, credit unions, and financial institutions participate in Small Business Administration lending programs, compare their requirements, and find the ideal financing partner to help your El Paso small business thrive in West Texas’s dynamic border economy.
| Lender name | City | Phone |
|---|---|---|
| United Bank of El Paso | El Paso, Texas | 915-231-2514 |
| WestStar Bank | El Paso, Texas | 915-771-1759 |
| Bank of Texas | El Paso, Texas | 915-313-6720 |
| Citizens Loan Center | El Paso, Texas | 915-525-1993 |
| City Bank | El Paso, Texas | 915-834-6041 |
| Coastal States Bank | 915-588-1400 | |
| First National 1870 | El Paso, Texas | 915-881-6720 |
| First National Bank Texas | El Paso, Texas | 915-351-4333 |
| First Savings Bank | El Paso, Texas | 915-533-3111 |
| Pioneer Bank | Las Cruces, New Mexico | 575-532-7543 |
| Vantage Bank Texas | El Paso, Texas | 915-594-3401 |
| Western Heritage Bank | El Paso, Texas | 575-541-0058 |
| Bank of America | El Paso, Texas | 915-534-4126 |
| PNC | El Paso, Texas | 915-485-9299 |
| JP Morgan Chase | El Paso, Texas | 915-585-5033 |
| Wells Fargo Bank | El Paso, Texas | 915-521-1069 |
| Celtic Bank | Salt Lake City, Utah | 760-215-0557 |
| First Light Federal Credit Union | El Paso, Texas | 915-231-3194 |
| GECU | El Paso, Texas | 915-774-8381 |
| Security Service Federal Credit Union | El Paso, Texas | 210-476-4910 |
| Teachers Federal Credit Union | El Paso, Texas | 915-926-2518 |
| LiftFund | El Paso, Texas | 915-248-2164 |
| PeopleFund | El Paso, Texas | 915-229-4648 |
| Capital Certified Development Corporation | Austin, Texas | 505-504-6049 |
| Enchantment Land Certified Development Corporation | Albuquerque, New Mexico | 915-229-2444 |
| North Texas Certified Development Corporation | Planto, Texas | 817-676-3316 |
| Texas Certified Development Company | Austin, Texas | 512-433-1173 |
| First Presidio Bank | Presidio, Texas | 432-229-3724 |
| Marfa National Bank | Marfa, Texas | 432-729-4344 |
| First National Bank in Fort Stockton | Fort Stockton, Texas | 432-336-8541 |
| Iraan- Brave National Bank | 432-639-2543 | |
| Fort Davis State Bank | Fort Davis, Texas | 432-837-1888 |
| Fort Davis State Bank – Alpine Branch | Alpine, Texas | 432-837-1888 |
| Fort Davis State Bank – Presidio Branch | Presidio, Texas | 432-229-5000 |
| Pecos County State Bank – Fort Stockton Branch | Fort Stockton, Texas | 432-336-3331 |
| Pecos County State Bank – Sanderson Branch | Sanderson, Texas | 432- 345-3331 |
| Pecos County State Bank – Sierra Blanca Branch | Sierra Blanca, Texas | 915-369-3081 |
| Pecos County State Bank – Van Horn Branch | Van Horn, Texas | 432-283-2283 |
| TransPecos Banks – Pecos Branch | Pecos, Texas | 877-445-9550 |
| TransPecos Banks – Alpine Branch | Alpine, Texas | 432-837-0094 |
| TransPecos Banks – Marathon Branch | Marathon , Texas | 432-386-4500 |
| West Texas National Bank – Alpine Branch | Alpine, Texas | 432-837-3375 |
| West Texas National Bank – Pecos Branch | Pecos, Texas | 432-445-9444 |
| West Texas National Bank – Terlingua Branch | Terlingua, Texas | 432-371-2211 |
Frequently Asked Questions
Q: What are SBA loans and how do they work in El Paso?
A: SBA loans are government-backed loans provided through approved lenders in El Paso. The Small Business Administration guarantees a portion of the loan, reducing risk for lenders and allowing them to offer more favorable terms to El Paso small businesses. The lender provides the funds while the SBA guarantees repayment up to a certain percentage, typically 75-85% depending on the program. This structure enables El Paso entrepreneurs to access capital with lower down payments, longer repayment terms, and competitive interest rates compared to conventional business loans.
Q: What types of SBA loans are available to El Paso businesses?
A: El Paso businesses can access various SBA loan programs including:
- SBA 7(a) loans: The most common program for general business purposes with loans up to $5 million
- SBA 504 loans: For major fixed asset purchases like real estate or equipment
- SBA Microloans: Smaller loans up to $50,000 for startups and smaller businesses
- SBA Express loans: Faster approval process with loans up to $500,000
- SBA Disaster loans: Special assistance for businesses affected by declared disasters
Q: What are the minimum requirements to qualify for an SBA loan in El Paso?
A: To qualify for an SBA loan in El Paso, businesses typically need:
- For-profit operation based in El Paso or surrounding areas
- Owner-occupied (not primarily for investment)
- Good personal credit (typically 650+ FICO score)
- Sufficient cash flow to support loan payments
- No recent bankruptcies, foreclosures, or defaults on government loans
- Reasonable owner equity investment (typically 10-30% depending on the program)
- Operating history of at least 2 years (though some lenders work with startups)
Q: How do El Paso SBA lenders support businesses in the cross-border trade and logistics sectors?
A: El Paso’s strategic border location has created specialized SBA lending expertise in these sectors. Several El Paso lenders have developed industry-specific loan packages designed for customs brokers, freight forwarders, warehousing operations, distribution centers, and transportation companies. These lenders understand the unique capital needs, regulatory considerations, and growth trajectories of cross-border businesses and can structure loans accordingly. Some El Paso SBA lenders coordinate with organizations like the El Paso Foreign Trade Association, the Border Industrial Association, and the El Paso Customs Brokers Association to provide comprehensive support. These specialized lending programs have helped strengthen El Paso’s position as a major international trade hub by financing businesses that facilitate commerce between the United States and Mexico, with particular attention to companies implementing technologies and processes that improve efficiency and compliance. From customs brokerage firms in downtown El Paso to warehousing operations near the Zaragoza Bridge to transportation companies serving the maquiladora industry, these lenders provide crucial capital that helps trade-related businesses leverage El Paso’s strategic position along the U.S.-Mexico border while creating employment opportunities that utilize the region’s bilingual workforce and international trade expertise.
Q: Are there special SBA loan programs for El Paso’s manufacturing and maquiladora-support businesses?
A: Yes, El Paso’s manufacturing connections have influenced local SBA lending practices. Several El Paso lenders offer tailored loan packages for component manufacturers, assembly operations, industrial maintenance providers, and specialized service companies supporting the region’s manufacturing ecosystem, including the maquiladora industry in neighboring Ciudad Juárez. These lenders understand the unique business models and operational considerations of border manufacturing businesses and can structure loans accordingly. Some El Paso SBA lenders coordinate with organizations like the El Paso Manufacturing Alliance, the Borderplex Alliance, and the Association of Maquiladoras (INDEX) to help businesses access both financing and industry support. These specialized lending programs have helped strengthen El Paso’s manufacturing economy by financing businesses that complement the region’s significant manufacturing presence on both sides of the border. From precision component manufacturers in East El Paso to industrial service providers near the international crossings to technology firms developing solutions for manufacturing operations, these lenders have developed expertise in helping entrepreneurs navigate the distinctive opportunities and challenges of the binational manufacturing environment while creating sustainable business models that leverage the region’s manufacturing strengths.
Q: How do El Paso SBA lenders help businesses in the retail and hospitality sectors?
A: El Paso’s retail landscape has created specialized lending expertise for consumer-facing businesses. Several El Paso SBA lenders offer industry-specific loan packages designed for retailers, restaurants, hotels, and service providers serving both local consumers and visitors from Mexico and beyond. These lenders understand the unique market dynamics of El Paso’s consumer economy and can structure loans that accommodate seasonal patterns and cross-border shopping influences. Some El Paso lenders coordinate with organizations like the El Paso Hispanic Chamber of Commerce, the Greater El Paso Chamber of Commerce, and Destination El Paso to provide comprehensive support. These specialized lending programs have helped strengthen El Paso’s retail and hospitality sectors by financing businesses that enhance the city’s commercial corridors and visitor experiences. From distinctive restaurants in downtown El Paso to specialty retailers in the Cielo Vista area to hospitality businesses serving business travelers and tourists, these lenders have developed expertise in financing consumer businesses that cater to El Paso’s diverse customer base, including local residents, Fort Bliss personnel, Mexican shoppers, and business visitors. As El Paso continues developing its downtown and commercial districts, these lenders provide crucial capital that helps entrepreneurs create distinctive retail and hospitality concepts that contribute to the city’s quality of life while generating significant employment opportunities in these labor-intensive sectors.
Q: Can healthcare and medical service businesses in El Paso access specialized SBA financing?
A: Yes, El Paso’s evolving healthcare landscape benefits from specialized SBA lending expertise. Several El Paso lenders offer tailored loan packages for medical practices, specialized clinics, healthcare technology providers, and medical service companies. These lenders understand the unique regulatory considerations, equipment needs, and growth patterns of healthcare businesses and can structure loans accordingly. Some El Paso SBA lenders coordinate with organizations like the El Paso County Medical Society, the Medical Center of the Americas Foundation, and healthcare initiatives at the University of Texas at El Paso to provide comprehensive support. These specialized programs have supported El Paso’s healthcare development by financing businesses that improve medical access in this historically underserved region. From family medical practices in neighborhood settings to specialized clinics serving the region’s distinctive healthcare needs to bilingual healthcare service providers addressing the binational population, these lenders help finance diverse healthcare ventures that strengthen El Paso’s medical infrastructure while addressing the region’s unique demographic and epidemiological profile. As El Paso continues working to expand healthcare access and develop medical innovation, these lenders provide crucial capital that helps healthcare entrepreneurs establish and grow practices and services that improve the region’s health outcomes.
Q: How do El Paso SBA lenders support Hispanic-owned businesses and Latino entrepreneurs?
A: El Paso’s predominantly Hispanic population has led to specialized lending approaches that recognize the needs of Latino business owners. Several El Paso SBA lenders have developed programs specifically focused on expanding capital access for Hispanic entrepreneurs throughout the region. These lenders often coordinate with organizations like the El Paso Hispanic Chamber of Commerce, the Minority Business Development Agency Business Center, and Hispanic business networks to provide culturally responsive support. Some El Paso lenders employ bilingual loan officers familiar with both the financial and cultural aspects of serving Latino business owners. These specialized lending programs align with El Paso’s demographic reality by providing Spanish-language materials, targeted outreach, and financing structures that address the specific challenges Hispanic entrepreneurs may face. From retail operations to professional services to manufacturing enterprises, these lenders help finance diverse business ventures that strengthen El Paso’s economy while creating wealth-building opportunities in the Hispanic community. As Latino entrepreneurship continues growing in importance to the regional economy, these lenders have developed distinctive expertise in helping Hispanic business owners access capital while navigating the path to business success.
Q: Are there specialized SBA loan programs for El Paso’s defense and military-related businesses?
A: Yes, El Paso’s Fort Bliss presence has influenced local SBA lending practices. Several El Paso SBA lenders have developed expertise in financing defense contractors, military service providers, veteran-owned businesses, and companies supporting Fort Bliss operations. These lenders understand the unique contracting requirements, payment cycles, and operational considerations of military-related businesses and can structure loans accordingly. Some El Paso lenders coordinate with organizations like the El Paso Defense Alliance, the Military Transformation Task Force, and the Veterans Business Association to provide comprehensive support. These specialized lending programs have helped strengthen El Paso’s defense economy by financing businesses that support Fort Bliss – one of the largest military installations in the United States – and its personnel. From specialized service contractors to technology providers to retail and service businesses catering to military families, these lenders help finance enterprises that connect El Paso’s civilian economy with its significant military presence. As defense priorities continue evolving, these lenders provide crucial capital that helps entrepreneurs develop business models that align with military needs while creating economic opportunities for El Paso’s veteran community and civilian workforce.
Q: How do El Paso SBA lenders support businesses in the technology and innovation sectors?
A: El Paso’s emerging technology scene has created specialized lending expertise for innovation-focused businesses. Several El Paso lenders offer tailored loan packages for software developers, technology service providers, clean technology companies, and other innovation-driven enterprises. These lenders understand the unique growth patterns and capital needs of technology businesses and can structure loans accordingly. Some El Paso SBA lenders coordinate with organizations like the Technology Hub, the Hub of Human Innovation, and UTEP’s Mike Loya Center for Innovation and Commerce to provide comprehensive support. While early-stage startups typically rely on other funding sources, SBA loans become viable options as technology companies reach revenue generation and scaling phases. These specialized lending programs have helped strengthen El Paso’s technology ecosystem by financing businesses that leverage the region’s engineering talent, cybersecurity expertise, and cross-border innovation opportunities. From software companies developing solutions for logistics and manufacturing to technology service providers supporting El Paso’s business community to clean energy innovators addressing border region challenges, these lenders help finance diverse technology ventures that are creating high-skill employment opportunities while diversifying El Paso’s economy beyond its traditional strengths in trade, manufacturing, and military services.
Q: How do El Paso SBA lenders support businesses in the construction and real estate development sectors?
A: El Paso’s urban growth has led to specialized lending approaches for construction-related businesses. Several El Paso SBA lenders have developed programs specifically focused on financing contractors, specialty trade companies, engineering firms, and real estate service providers. These lenders understand the project-based nature of construction work and can structure loans that accommodate the industry’s distinctive cash flow patterns and bonding requirements. Some El Paso lenders coordinate with organizations like the El Paso Association of Contractors, the El Paso Building and Construction Trades Council, and real estate development associations to provide comprehensive support. These specialized lending programs align with El Paso’s ongoing development by providing capital solutions that help construction businesses secure the equipment, materials, and working capital needed to participate in the region’s building activity. From general contractors serving the residential market to specialty trade companies working on commercial projects to engineering firms designing border infrastructure, these lenders help finance diverse construction ventures that literally build El Paso’s future. As the city continues expanding with new residential subdivisions, commercial developments, and infrastructure projects, these lenders provide crucial capital that helps construction entrepreneurs grow their capacity while creating significant employment opportunities in this essential sector.
Q: How do El Paso SBA lenders support businesses owned by women and young entrepreneurs?
A: El Paso’s entrepreneurial diversity has influenced local SBA lending practices. Several El Paso SBA lenders have developed specialized programs focused on expanding capital access for women business owners and young entrepreneurs throughout the region. These lenders often coordinate with organizations like the Women’s Business Border Center, UTEP’s Center for Hispanic Entrepreneurship, and youth entrepreneurship programs to provide targeted support. Some El Paso lenders offer mentoring connections, specialized workshops, and networking opportunities alongside their financing options. These specialized lending programs align with El Paso’s demographic trends by providing outreach and financing structures that address the specific challenges these entrepreneurs may face. From professional service firms to retail operations to technology ventures, these lenders help finance diverse business ventures led by women and young entrepreneurs who represent El Paso’s future economic leadership. As these demographic groups continue increasing their entrepreneurial participation, these lenders have developed expertise in helping them overcome traditional barriers to capital access while building sustainable businesses that create economic opportunities throughout El Paso’s distinctive border community.
Q: What other resources are available for SBA loans?
A: Other resources provided by Bigger Bottom Line include:
Q: How do I get assistance in getting an SBA or other business loan?
A: Contact the experts! We can assist from advising which lenders to submit to all the way through to developing & submitting a complete business loan package and anything in between. Contact us now for a free evaluation.