Hondo Launches New 0% Interest Rate Loan Program to Strengthen Local Small Business Growth

January 7, 2026

HONDO, TX (January 7, 2026) – The Hondo Economic Development Corporation (Hondo EDC) has partnered with LiftFund to launch the Hondo 0% Interest Rate Loan Program aimed at expanding access to affordable financing for small business owners in the Hondo community. Through this initiative, eligible entrepreneurs can access interest-free loans of up to $35,000, helping reduce barriers that often limit business expansion and long-term sustainability.

LiftFund will host a free information session to guide potential applicants through the program’s eligibility requirements, application process, and allowable uses of funds on Wednesday, January 14, 2026, at 1 p.m. Participants will have the opportunity to ask questions directly to program staff and receive tips on preparing a successful loan application. To register for the information session, visit Eventbrite.

The program is designed to support both emerging and established small businesses by providing flexible capital for startup costs, business expansion, equipment purchases, staffing, inventory, and working capital needs.

“Small businesses are the backbone of our community, driving local jobs, innovation, and quality of life,” said Sean Patty, Executive Director of Hondo EDC. “This partnership with LiftFund helps us extend meaningful financial support to entrepreneurs who are ready to build and grow in Hondo. By lowering the cost of borrowing, we’re opening the door wider for business success and community prosperity.”

LiftFund, a nonprofit community lender, brings decades of experience in offering affordable financing solutions to small business owners across Texas. Hondo joins municipalities such as San Antonio, El Paso, and Elsa in providing interest-free loans to entrepreneurs.

“This initiative reflects LiftFund’s mission to expand economic opportunity through affordable access to capital,” said Amy Hereford, President and CEO of LiftFund. “When we invest in small businesses, we invest in the people who shape our communities. These borrowers create jobs, support local services through tax contributions, and enrich the character of neighborhoods. Programs like this create positive ripple effects that last for generations.”

The Hondo 0% Interest Rate Loan Program supports small businesses located within or relocating to the Hondo area. Entrepreneurs seeking to strengthen or start their operations are encouraged to explore the program’s eligibility criteria and application process.

Small business owners are encouraged to reach out to LiftFund at 888-215-2373 for assistance.

About Hondo Economic Development Corporation Hondo Economic Development Corporation invests in partnerships that expand opportunity for local entrepreneurs and strengthen the community’s small business ecosystem. By working with regional and statewide organizations, HEDC helps improve access to capital, training, and resources that support long term business success. These collaborative efforts reflect HEDC’s commitment to building a resilient local economy where small businesses have the support they need to launch, grow, and thrive.

About LiftFund LiftFund, offering service to all 50 states, is one of the nation’s most trusted and experienced nonprofit small business lenders, dedicated to empowering entrepreneurs and advancing economic prosperity. For over 30 years, LiftFund has driven billions in economic impact by providing responsible loans, managing impactful grant programs, and delivering accessible financial education. With a commitment to listening, partnering, and offering flexible, mission-driven support, LiftFund helps entrepreneurs build strong businesses and resilient communities. For more information, visit LiftFund.com and follow us on social media or @LiftFundUS.