The eBridge Fund program is designed to provide a more attainable option for businesses who are otherwise unable to obtain conventional bank financing or need a more competitive rate in comparison to current market rates. The objective of the eBridge Fund is to serve as an economic development tool to encourage business retention and expansion, relocation of businesses to Cameron County as well as assisting new start-ups that in return will retain and/or create employment opportunities and stimulate investment in the community.

Loan amounts : $15,000-$500,000

Interest rate: Fixed, as low as 3.75% or as determined by the Loan Review Committee.

Loan Term:

Working Capital: 3 to 5 years 

Machinery & Equipment: 10 years or useful life

Real Estate: 15 years

Equity Contribution

Fixed Asset: 10 % equity contribution

Working Capital: 15% equity contribution

Collateral : Loans shall be secured with the best available collateral

Origination Fee: 3%

To be eligible for our eBridge Fund, your organization must:

(1) have an existing business or start-up business in the eligible lending area- Cameron County. 

(2)  Create new employment opportunities 

(3) Demonstrate credit worthiness and the ability to repay the loan. 

(4)  Submit required financial documents and other supporting documents

(5) Loan projects must be in compliance with city and county land-use plans and regulations.

Working Capital

Acquisition of land and/or buildings

Site preparation, construction, and/or rehabilitation of buildings, leasehold

improvements 

The purchase of equipment, machinery and/or fixtures for business operations and/or installation of fixed machinery

and equipment

Targeted public infrastructure

At eBridge Fund, we enjoy taking time to get to know both you and your business. We want to ensure that you are ready to borrow, and matched with the right loan program and amount.  

Please review our Application Checklist so you may become more familiar with our required documents. 

If you need assistance with creating a business plan be sure to connect with our diverse partner network including: SCORE, your local Small Business Development Center and the Chamber or Commerce.

Do you still have questions after reviewing the application checklist? Click below to get in contact with a team member to answer your specific questions about our loan process.

For questions or comments, email Victoria Padron at vpadron@bcic.us

or reach us by phone at (956) 983-9445

Complete a loan application by clicking the link below, You must complete the online application in one sitting. You cannot save it and come back to it later. To avoid mishaps that can occur when completing online forms, we encourage you to view the application checklist to have all documents ready before starting the application.

There is a one time application fee of $150.00. As soon as the application is complete the applicant will be notified; the application fee must be payed by check or money order payable to Brownsville Community Improvement Corporation. The application will ONLY be reviewed when the application fees have been payed. (The deposit will be creditable against the processing fee if the loan is made). 

The eBridge Fund is designed to be flexible in meeting your needs. Collateral requirements, credit determinations, and loan terms are evaluated on a case-by-case basis. In general, here’s what we’re looking for:

Character: Are the owners dedicated, hard working, and qualified to run the business?

Capacity: Is the business plan viable? Will the borrower be able to repay the loan (and other bills)?

Conditions: Do the mutually agreeable terms and conditions meet the business needs?

The relationship between the eBridge Fund and its clients does not end at loan closing. eBridge Fund and its partner networks provide ongoing business support.

We provide direct business advisory services and help facilitate other business services through our partner networks.

We perform regular business checkups to make sure that your business is succeeding as planned and can help facilitate additional funding as needed.

Click here to make payments on your loan. Payment schedules & methods will be discussed as part of the loan application and closing process.