Community Facility Loans

Texas Mezzanine Fund provides tailored financing for community-based facilities that address critical social and economic needs. This includes mission-driven projects such as health clinics, childcare centers, and workforce training hubs.

Loan Guidelines

Eligibility: Organizations or entities developing facilities for community services that benefit underserved residents; non-profit and for-profit entities that align with TMF's community development lending priorities are eligible to apply

Use of Funds:

  • Development or Rehabilitation of community-serving facilities (e.g., educational, healthcare, nonprofit use)

Loan Amounts: $100,000 to $2,000,000 (varies by collateral type and lien position)

  • Minimum Loan amount of $100,000.

  • Up to $2,000,000 for loan collateralized by real estate with TMF in  a first lien position — 90% LTV in most cases 

  • Up to $800,000 for a loan in tandem with another lender, TMF in second lien position on real estate; combined LTV of 90%.

Collateral & Guarantees:

  • Collateral - real estate and community facility assets

  • For-Profit Borrowers - personal guarantee(s) are required

  • Non-Profit Borrowers - personal guarantee(s) are optional

Loan Application Checklist

Project-Specific Documents

  • Project Description and Organization Overview

  • Developer Profile (if Applicable)

  • Construction Budget / Contract

Financial Documents

  • Organizational Financials (2-3 years) - including balance sheet, income statement, and cover letter, if statements are CPA-prepared

  • Organizational Tax Returns (2-3 years)

  • Organizational Debt Schedule - list all existing business debt, including capital leases

  • Interim Financials - dated within the past 90 days

Operational Documents

  • Organizational Entity Documents

  • Community Impact Statement

Guarantor Documents (If Applicable)
Each Principal, owning 20% or more of the business, needs to complete.

  • Personal Financial Statement(s)

  • Personal Tax Return(s) (3 years) - complete with all supporting schedules

  • Credit Authorization(s)

Additional Documents

  • Use of Loan Proceeds Documentation

  • Collateral Documentation - purchase invoices, title information

Downloadable Forms

If applicable, the forms below must be completed separately for each personal guarantor.

APPLICATION DISCLAIMER

Please Note: Submission of a loan application to Texas Mezzanine Fund (TMF) does not guarantee approval or funding. Non-refundable application fees may be required as part of the underwriting process. This fee covers administrative costs associated with processing and evaluating your application. Payment of such fees does not obligate TMF to approve any loan request, nor does it constitute a commitment to lend. Texas Mezzanine Fund reserves the right to adjust fee structures or application requirements at its discretion and without prior notice. Applicants are encouraged to contact TMF directly for current rates, eligibility criteria, and further guidance before submission. If submitting by mail, please send your documentation to:

Texas Mezzanine Fund, Inc.
320 South R.L. Thornton Freeway, Suite 110
Dallas, Texas 75203