Who We Are

The Community Loan Center (CLC) of Austin was established in 2014 in order to offer low-interest, low-fee personal loans to employees of enrolled employers as an alternative to high-cost payday and auto title loans.

The CLC of Austin is a program of the 501(c)3 nonprofit Business & Community Lenders (BCL) of Texas. Founded in 1990, BCL of Texas is a Community Development Financial Institution (CDFI) certified by the United States Department of Treasury and a licensed lender regulated by the Texas Office of Consumer Credit Commissioner (OCCC). Our mission is to build strong communities through economic development programs that promote asset-building, homeownership, and small business growth. Partners and supporters of the Community Loan Center of Austin include the Austin Community Foundation, NeighborWorks America, RAISE Texas, Texas Appleseed, and Texas Community Capital.