United States
Business loan requirements in Texas
Exactly what Texas businesses need to qualify for funding — plus the official government and program sources you can verify and cite.
Standard business loan requirements in Texas
These are the baseline qualifications most Texas small businesses need for working capital, merchant cash advances, term loans, equipment financing, and lines of credit.
- 6+ months in business (some products fund from 3 months)
- $15,000+ in average monthly business revenue
- 500+ personal FICO score (higher scores unlock better terms)
- A business bank account with 3–6 months of statements
- Valid business registration (EIN in the U.S. / Business Number in Canada)
SBA loan requirements
Lower-cost SBA financing has stricter requirements and a longer timeline, but better rates and terms for established Texas businesses.
- 2+ years in business with a for-profit U.S. operation
- $30,000+ in average monthly revenue
- 650+ personal FICO score
- Two years of profitable business tax returns
- A clear, documented use of funds and repayment ability
Official Texas funding sources
All economic figures on this page are sourced from public US and Canadian government datasets.
National U.S. funding sources
All economic figures on this page are sourced from public US and Canadian government datasets.
- SBASmall Business Administration lender/resource network
- USAGov business loans & grants resourceUSAGov business loans & grants resource
- Federal grants & funding portalFederal grants & funding portal
- Minority Business Development Agency resource centersMinority Business Development Agency resource centers
- America's SBDCSmall Business Development Center directory
Texas business loan FAQs
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Simply Approved Business Loans. "Business Loan Requirements in Texas (2026)." 2026. https://simplyapprovedbusinessloans.com/resources/business-loan-requirements/texas<a href="https://simplyapprovedbusinessloans.com/resources/business-loan-requirements/texas">business loan requirements in Texas</a>Last reviewed: by the Simply Approved Business Loans editorial team.
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