The best small business loans for Corpus Christi, TX

Take your business to new heights with the right financing

  • Apply in less than 60 seconds
  • Wide range of financing option for every need
  • Competitive rates and terms
  • Personalized service
  • Dedicated support team

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Industries we work with in Corpus Christi, TX

We're proud to work with small businesses across various industries in Corpus Christi, TX. Whether you're in healthcare, construction, or technology, we're here to help you grow and succeed. Our financing solutions are customized to meet your needs, so you can focus on what you do best - running your business!

Here are some of the many industries we serve:

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    Construction

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    Medical Practices

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    Beauty Salons

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    Retail Stores

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    Restaurants

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    Hotels

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    Manufacturing

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    Staffing

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    Automotive Businesses

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    Landscaping

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    Toy Businesses

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    Transportation

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    IT

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    Professional Services

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    Veterinary Practices

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    Franchise Businesses

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See why thousands of businesses have made SMB Compass

the top-rated small business loan provider in Corpus Christi, TX

Garrett Cushing
Garrett Cushing
November 30, 2021.
Diligent and honest people to work with. SMB has been a great resource for my business, helped me through a variety of different financing over the years.
John Limato
John Limato
November 16, 2021.
I rarely write reviews but felt the need to thank the SMB team. Found them to be honest people that took the time to understand my business and walked me through the entire process.
Connor Johnson
Connor Johnson
November 4, 2021.
SMB helped me navigate through the growth period in my business. They were diligent and genuinely cared to make sure we got the percent line in place to meet our current needs. Very happy I was introduced to them and would highly recommend.
Michelle Cota
Michelle Cota
October 27, 2021.
I am so happy that SMB was able to help our company when we were in a jam. They were so attentive and so easy to work with. Helped step by step to get financed. Thank you Clay!
Veronica Akins
Veronica Akins
October 14, 2021.
SMB Compass was helpful and fast. They kept in contact and answered all my questions. The best part of our interactions was that the lender could have given me an extremely high interest rate loan when I thought that was my only option, but he instead told me of another option that fit our needs much better and saved us money! Thank you Clay
John Folco
John Folco
October 13, 2021.
True experts in the Commerical finance space. Great company to work with, look forward to a continued relationship.
Pat Mcandrews
Pat Mcandrews
October 8, 2021.
Great team of professionals to work with. Incredibly responsive and great problem solvers. Would recommend them to anybody.
Haroon S
Haroon S
September 22, 2021.
Clay was great to work with. Very responsive and great communication.
John Lutz
John Lutz
September 15, 2021.
Great people to work with. They were transparent and helpful from the first call to closing. I would recommend them to anyone in my network.
Matthew Seymour
Matthew Seymour
July 16, 2021.
Clay & Matt are experts in the industry and they are able to advise on a number of topics.

Learn more about our loan packages

The best small business loan in Corpus Christi, TX

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    SBA Loans

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    Term Loan

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    Invoice Financing

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    Business Line of Credit

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    Inventory Financing

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    Bridge Loans

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    Equipment Financing

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    Asset Based Loans

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    Purchase Order Financing

FAQs about small business loans in Corpus Christi, TX

How to get a small business loan easily in Corpus Christi, TX?

If you’re looking to get a small business loan in Corpus Christi, TX, here’s what you should do:

  1. Know what you need. Before applying for a loan, get a clear idea of how much money your business needs and how you will use the funds. Doing so can help identify the best type of loan for your needs.
  2. Check your credit score. Many lenders in Corpus Christi, TX, will look at your credit score when reviewing your application, so knowing where you stand is important. If your score is less than ideal, consider improving it by making timely payments, keeping old accounts open, and limiting new credit applications.
  3. Research lenders. Many different types of lenders offer small business loans in Corpus Christi, TX, including banks, credit unions, and online lenders. Do your research to find out which ones best fit your needs and qualifications.
  4. Prepare your application. Once you’ve identified potential lenders, prepare your loan application carefully. This may include providing financial statements, tax returns, and other documentation demonstrating your ability to repay the loan.
  5. Apply for the loan. If you’ve found a lender you’re comfortable with, it’s time to start your application. The process varies from lender to lender, but essentially, you need to submit your loan application along with the required documents. You also need to prepare to answer any additional questions the lender may have.
  6. Wait for a decision. The lender will then review your application and decide whether to approve your loan or not. Funding speed depends on the lender and loan type. Banks usually take weeks or months, while online lenders can fund your business in a day.

Corpus Christi TX

Corpus Christi TX

What is the interest rate on a business loan in Corpus Christi,Texas?

The interest rate on a business loan in Texas can vary depending on the type of loan, the lender, and the borrower's creditworthiness. Generally, interest rates for business loans can range from around 4% to 30% and sometimes even higher for riskier loans. It's important to shop around and compare rates from multiple lenders to find the best deal for your business needs. Additionally, SBA loans may have different interest rates and terms than traditional bank loans.

What is the best place to get a business loan in Corpus Christi, TX?

There are several places to get a business loan in Corpus Christi, TX. Some options include:

  • Local banks and credit unions: You can approach banks in Corpus Christi to see if they offer business loans.
  • Small Business Administration (SBA): The SBA has several loan programs to help small businesses. You can check the SBA website to see if you qualify for loan programs.
  • Online lenders: These lenders typically have a quick and easy application process but may charge higher interest rates.
  • Community Development Financial Institutions (CDFIs): CDFIs are non-profit organizations that provide loans and other financial services to underserved communities.

The best place to get a business loan in Corpus Christi will depend on your specific needs and qualifications. It's important to shop around and compare offers from different lenders to find the best deal for your business.

How many months is a typical business loan in Corpus Christi, TX?

The repayment period for a business loan in Corpus Christi, TX, can vary greatly depending on the lender and the type of loan. Generally speaking, business loans are usually between 6 and 60 months long. However, some lenders may offer shorter or longer repayment terms depending on the amount of money being borrowed and the borrower's specific needs.

Is collateral needed for an SBA loan in Corpus Christi, TX?

Collateral requirements for SBA loans in Corpus Christi, TX, can vary depending on the specific loan program and lender. However, SBA loans typically require some form of collateral to secure the loan, such as business assets or real estate. In some cases, personal assets may also be used as collateral. 

 

It's important to note that while you may need collateral for most SBA loans, they do some programs that may require less collateral, such as the SBA Express loan program. Ultimately, the collateral requirements for an SBA loan in Corpus Christi, TX, will depend on the specific loan program and the lender you work with.