We are Austin’s affordable small dollar loan program promoting comprehensive financial wellness & responsible lending

Borrow up to $1,000 for a year

Employers: discover how you can add value to your employee benefit package

The Community Loan Center of Austin will be closed for the holiday on Monday, October 14, for the holiday. Please allow an additional day for loan processing during this time.

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.

Benefits to Employers


Your employees are more productive

when they are financially stable

Attract and retain talented employees

Zero cost to you

Loan payments are fully automated

How it Works

When an employee applies for a loan, we ask you to verify their employment. Once approved, we send you the employee’s loan repayment schedule so you can set up the automatic payroll deduction.

Becoming a Participating Employer is Simple

Sign our Memorandum of Understanding and then arrange a time for us to train your payroll staff, which only takes a few hours.

Are You Responsible for Your Organization’s Payroll?

Use the link below to provide your information and CLC will contact you in 1-2 business days.

How it Works

Online Application

Apply Now >

My Account Status

View my account >

Sign Loan Docs

Sign now >

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Financial Coaching

Schedule >

Why borrow from us?

It is stressful to be one sick child or car repair away from financial hardship. At the Community Loan Center of Austin, we know that any emergency can break the bank. That is why if your employer is enrolled in the CLC of Austin financial wellness program, you can quickly access a loan of up to $1,000, with no collateral or credit checks required.

Whether it’s paying down debt, starting a savings or buying a home, financial goals are the foundation of our financial security when we meet them. Our financial coaches are ready to help you create a plan and be a guide to meet your goals. Give us a call or sign up online!

 If your employer isn't enrolled yet, let them know about the CLC of Austin. There's no cost to offer this great benefit to employees!



For a $1000 loan due in 1 month, the average payday lender charges $775 in fees. We charge only $120 in fees - and we let you repay the loan in 12 months




Loans from $400 to $1000

Payback period is 12 months

18% interest; $20 administrative fee



  • Minimum age is 18

  • Working at a participating employer for at least 3 months

  • Checking account

  • Driver license or passport numbers

  • Social security number


No credit history or collateral needed

No prepayment penalties

Free financial counseling available



Use this form to contact a Community Loan Center of Austin representative to get timely responses to our most frequently asked questions and loan requests.