Buda EDC Launches New 0% Interest Loan Program to Strengthen Local Small Business Growth
(Buda EDC) Buda, TX, February 19, 2026 – The Buda Economic Development Corporation (Buda EDC) has partnered with LiftFund to launch the Targeted Help for Retention, Innovation, Ventures, and Expansion (THRIVE) loan program, a 0% interest rate loan program aimed at expanding access to affordable financing for small business owners in Buda. Through this initiative, eligible entrepreneurs can access interest-free loans from $500 to $100,000, 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 March 9, 2026, at noon. Participants will have the opportunity to ask program staff questions and receive tips on preparing a successful loan application. To register for the information session, visit the event page.
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. Participating businesses must be located in the Buda city limits.
“Access to capital can be one of the biggest challenges for entrepreneurs, especially during periods of growth,” said Jennifer Storm, Chief Executive Officer for the Buda EDC. “The THRIVE program provides financing that can help Buda businesses expand faster, strengthen operations, and build long-term stability.”
LiftFund, a nonprofit community funder, brings decades of experience in offering affordable financing solutions to small business owners and municipalities across Texas, providing interest-free loans to entrepreneurs.
“This initiative reflects LiftFund’s mission to expand economic opportunity through accessible and affordable capital,” said Amy Hereford, President and CEO of LiftFund. “We’re grateful to Buda EDC for their partnership in supporting small businesses. When entrepreneurs grow, they create jobs, strengthen the local economy, and help communities thrive.”
The Buda THRIVE loan program supports small businesses located within or relocating to the Buda city limits. 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 LiftFund at 888-215-2373 for assistance or visit Buda EDC incentives site at https://www.budaedc.com/grow-in-buda/incentive-programs.
About Buda Economic Development Corporation
The Buda Economic Development Corporation (Buda EDC) is dedicated to sustainable economic growth and the quality of life in Buda, Texas. Through strategic partnerships, business support services, and targeted industry development, Buda EDC works to attract new investment, retain and expand local businesses, and promote innovation across key sectors, including advanced manufacturing, knowledge-based services, and arts and entertainment. With a commitment to collaboration, community engagement, and preserving Buda’s unique culture, Buda EDC serves as a catalyst for opportunity, ensuring a thriving economy for residents, businesses, and future generations. Learn more at www.budaedc.com.
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 www.liftfund.comand follow us on social media or @LiftFundUS.
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Caitlin Cowart-de Leon | ccowart-deleon@liftfund.com | 210-609-1509
John Costilla | john.costilla@budaedc.com | 512-295-6525
