In celebration of Small Business Month, LiftFund, a nonprofit small business lender, has received two prestigious awards from the Unites States Small Business Administration (SBA), recognizing the organization as a true champion for small businesses. The Partner of the Year award was presented to Michi Clay, vice president of lending at LiftFund in recognition of her outstanding contributions to supporting small businesses in the Houston region. Additionally, LiftFund’s 504 team was chosen by the SBA’s El Paso District Office as the Top 504 Lender for the region. These prestegious SBA awards exemplify LiftFund’s commitment to empowering small businesses and entrepreneurs across Texas.
Top 504 Lender for the El Paso District:
We are honored to receive the recognition as the top 504 Lender for the El Paso District during the 2023 Small Business Week. By leveraging the 504 loan program, we help entrepreneurs secure long-term, fixed-rate financing for major fixed assets such as real estate and equipment. This recognition is a testament to our unwavering dedication to supporting the growth and prosperity of businesses in El Paso and beyond.
Houston District Community Partner of the Year:
We are thrilled that Michi Bruns Clay, a valued member of the LiftFund team, has been named Houston District Community Partner of the Year by the SBA Houston District Office. This award recognizes Michi’s outstanding commitment to collaborating with local communities, organizations, and entrepreneurs. Michi’s passion and dedication have made a significant impact in fostering a supportive ecosystem for small businesses in the Houston District.
LiftFund’s diverse range of loan programs, spanning from $500 to $5 million, offers customized options to meet the unique needs of each business. Over the years, LiftFund has significantly impacted the small business community, providing access to nearly a billion dollars in capital, facilitating over 26,400 business loans, and creating and retaining almost 100,000 jobs. Moreover, for every $1 that LiftFund lends, their clients generate $14 in economic impact, highlighting the tremendous positive influence that LiftFund has on the economy.
We extend our gratitude to the SBA for recognizing our dedication to fostering economic growth and creating opportunities for small business success. LiftFund remains resolute in our mission to provide access to capital and resources that drive entrepreneurial dreams forward.