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Retail Assistance

The City of Lockhart is committed to helping new and existing retail businesses locate, relocate or expand in Lockhart through several available methods. The Economic Development department can assist or faciliate in the following areas:

  • Workforce Development
  • Infrastructure Development Location/Relocation Assistance
  • Location/Relocation Assistance
  • Business Development
  • Working relationships with the Lockhart Economic Development Corporation (LEDC) and the Lockhart Industrial Foundation (LIF)
  • Working relationships with commercial real estate agents.
  • Abundant and Available Land
  • Statistics on Lockhart and Caldwell County
  • Up to Date Leakage Reports
  • Local, State, and National marketing/promotion of Lockhart, Texas

Target Industry List

  • Department Stores
  • Discount Stores
  • Warehouse Stores
  • Variety Stores
  • Demographic Stores
  • Mom-and Pop's
  • Specialty Stores
  • Boutiques
  • General Stores
  • Convenience Stores
  • Supermarkets
  • Hypermarkets
  • Malls
  • Category Specialists
  • E-tailers

Incentives

  • 7(a) - Small Business Administration 7(a) Loan Guaranty Program provides guarantees for small businesses unable to secure financing on reasonable terms through normal lending channels. The SBA will guarantee up to 75% of a private-sector loan up to a maximum of $750,000. The rate and term of the loan are set by the private-sector lender.
  • 7(b) -

City Revolving Loan Fund

The City of Lockhart in its efforts to stimulate economic growth and provide employment opportunities has developed an Economic Development Revolving Loan Program. This program is designed to provide financial assistance to existing and new businesses that wish to expand or establish their business within the City limits of Lockhart, however, applicants outside the City limits may also be considered as an exception to these limitations. Financial assistance will be provided in the form of a loan to applicants who qualify under the program's guidelines, procedures, and eligibility criteria. This program is not intended to duplicate or compete with local financial institutions, but to compliment them.

Revolving Loan Application PDF

Economic Development Partners

The following organizations are important collaborators in the Retail Recruitment and Expansion process in Lockhart:

Lockhart Economic Development Corporation (EDC) - The Lockhart economic development corporation (EDC) is a non-profit corporation that leverages the economic development sales and use tax to expand economic development through business expansions, business recruitment and exporting.

Lockhart Economic Development Revolving Loan Committee.  -  This program is designed to provide financial assistance to existing and new businesses that wish to expand or establish their business within the City limits of Lockhart; however, applicants outside the City limits may also be considered as an exception to these limitations. This program is designed to provide financial assistance to existing and new businesses that wish to expand or establish their business within the City limits of Lockhart; however, applicants outside the City limits may also be considered as an exception to these limitations.

Lockhart Industrial Foundation (LIF) - A non-profit corporation with a key purpose to provide community-wide leadership of economic development in the Lockhart area.

Caldwell County Development Corporation (CCDC) - A non-profit corporation operating in Caldwell County, Texas administering a US Department of Agriculture (USDA) Rural Business Enterprise Grant (RBEG) and a revolving loan fund for companies operating in Caldwell County, Texas.  The Board of Directors is comprised of volunteers from throughout Caldwell County appointed by the Commissioners Court. 

Lockhart Chamber of Commerce - Provides events, gatherings, and advertising and marketing opportunities for area businesses.
Greater Caldwell County Hispanic Chamber of Commerce - Caldwell County Hispanic Chamber of Commerce’s mission is to promote and strengthen the economic welfare of the business community in Caldwell County by supporting proactive activities in the areas of education, civic leadership, and community development and by creating business opportunities for our members.

RETAIL ASSISTANCE AVAILABLE:

Small Business Administration
Small Business Development Center (FREE one on one, confidential appointments available) SCORE
Mentoring
Lockhart Chamber of Commerce
The Greater Caldwell County Hispanic Chamber

For more information or assistance contact: ecodev@lockhart-tx.org or 512-398-3461 Ext. 233