With 2020 behind us, know that the beginning of any new year is the best time for entrepreneurs to make their dreams a reality. The Alamo EDC wants to help you, so read on and learn how we can help you start your business in 2021!
A Business Plan
A business plan outlines what your company will be about, such as how it’s structured, the financing it needs to run, and the advantages it has against competitors. When applying for capital from any organization or government entity, a business plan is a must. Know that you’ll need one in Alamo, and we can offer some helpful info on getting started.
Starting in Alamo
When choosing where to set up your company, don’t look any further than Alamo! Located on the Texas/Mexico border and just 10 minutes away from McAllen, our city has a small-town feel that still enjoys the bustle of larger crowds to make a significant financial earning.
Financing Your Business
Starting a new business isn’t easy, but with the Alamo EDC helping you, it can be! Our Revolving Loan Program offers businesses a low-interest loan of up to $150,000 on a 10-year note. The Alamo EDC can even defer the first six months of repayments with no principal or interest added.
When applying, be sure to have:
- A business plan
- Tax returns from the previous two years, business or personal
- A reason for the loan
- A budget
Start Your Business Today!
Contact the Alamo EDC today for more information about setting up a business in our beautiful city!