Economic Development

We drive economic growth by attracting and growing local businesses and investing in entrepreneurship.

1200 Ash Avenue, McAllen, TX 78501

(T) 956-682-2871
(F) 956-687-2917

We engage business leaders, public officials and the community to foster an environment that will help grow and strengthen our economy.

1200 Ash Avenue, McAllen, TX 78501

(T) 956-682-2871
(F) 956-687-2917

We are dedicated to bringing you the resources and connections you need to grow your business today.

1200 Ash Avenue, McAllen, TX 78501

(T) 956-682-2871
(F) 956-687-2917

We create productive public and private partnerships while serving as a reliable source for McAllen’s tourism industry to boost the economy.

1200 Ash Avenue, McAllen, TX 78501

(T) 956-682-2871
(F) 956-687-2917

Stay up to date on what’s happening in the McAllen business community. The Chamber keeps you informed and puts a spotlight on the events and activities of our partners.

1200 Ash Avenue, McAllen, TX 78501

(T) 956-682-2871
(F) 956-687-2917

The McAllen Chamber of Commerce helps local businesses thrive by creating economic momentum, accelerating connections and enhancing the quality of life in the region.

1200 Ash Avenue, McAllen, TX 78501

(T) 956-682-2871
(F) 956-687-2917

Newsroom

McAllen and LiftFund partner for no-interest small business loans

 LiftFund

The City of McAllen and LiftFund, the nation’s largest nonprofit small business lender, are offering small business owners in McAllen loans up to $250,000 at a zero percent interest rate for the third consecutive year. Loans can be used to expand a business or to startup
a new business.

A former manager of a cell phone retail location, Anamia Ortiz opened her own location two years ago. “As a first time business owner, no one would give us a chance until we found LiftFund,” said Anamia. “LiftFund has been there for us when we most had a need for capital and through the City of McAllen buy down program we received our loans at a 0% interest.”   Today she is the owner of five Jackson Wireless, LLC, locations throughout the Rio Grande Valley. Anamia received two loans from LiftFund through this program. The first loan helped startup the business while the second loan allowed her to obtain more inventory boosting the business to the next level.

“Through our partnership with the City of McAllen, we will continue to make a positive impact on the local community by offering affordable loans, as well as education, training and other essential resources to help small business owners thrive,” LiftFund Senior Business Development Officer Marlene Rodriguez said. “Our ultimate goal is to enable deserving entrepreneurs to create and sustain jobs.”

LiftFund not only provides the necessary capital to start or grow a business but also the critical business education that fosters financial inclusion and levels the playing field for minorities and women in business. Since the opening of the first office in the Rio Grande Valley in 1998, LiftFund has made over 2,600 loans totaling more than $25 million.

To learn more or to apply for a loan, call 888-215-2373 or visit LiftFund.com.

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