Irving TX: Zero Percent Loans for Small Businesses

0:00Irving, Texas just dropped a game changer for small businesses with 0% interest loans up to $100,000. They're teaming up with Lyft Fund on this small business interest buy-down program to make capital easier to grab and spark real growth. These loans range from $2,500 to $100,000 and cover stuff like payroll, equipment, inventory, start-up costs, or just keeping operations smooth. It's aimed at knocking down those money hurdles that hold back expansion. To qualify, your business needs to be inside Irving City limits, for profit, with 100 or fewer employees, and running for at least 24 months. Both new-ish and established spots can apply if they fit. Lyft Funds hosting a free virtual info session on April 13th at 2 p.m. To break down eligibility, applications, and tips for strong, submissions plus live Q&A. Amy Heriford, Lyft Funds president, says it lines up perfect with their goal of opening doors through affordable cash.

1:02Irving's already a powerhouse with over 8,500 businesses, 8 Fortune 500 HQs, and big names like Citibank and Microsoft Calling at Home. Programs like this keep the jobs flowing and the economy buzzing for its 245,000 residents. This has been Dallas News today, powered by AI. I'm Corey with the story.