History
The South Texas Business FundSM (STBF) was created more than a quarter century ago to help small businesses grow. It wasn’t set up by a bank or a corporation to turn a profit. Instead, it was established by the City of San Antonio as a not-for-profit and self-sustaining certified development company. Its purpose: to lend guidance and money to small businesses so that jobs would be created and sustained, and the overall quality of the local economy would be improved.

Growing businesses big and small
Since it began, the South Texas Business Fund has created or retained nearly 14,000 jobs in San Antonio and throughout south Texas. It has done this through providing management and technical assistance necessary in running a business, as well as supporting activities and policies that stimulate job creation, expansion and diversification of the local economic base.

But the biggest impact the South Texas Business Fund has made on economic growth has been generating more than $409 million in loans to businesses. Now, with STBF’s expanded SBA-certification to provide loans up to $4 million on a statewide basis, its economic impact is destined to grow even larger.