Difference between revisions of "Houston Business Development Inc"
CatherineK (talk | contribs) |
|||
| Line 23: | Line 23: | ||
The corporation’s mission is to stimulate economic growth, support the expansion of small businesses, combat community deterioration and foster employment opportunities for low-moderate income citizens in the Houston metropolitan area and surrounding counties. As a non-bank, community lending organization, HBDi has served as a catalyst in providing aspiring entrepreneurs and small business owners with debt capital and access to an array of resources to start and/or expand their businesses. Since inception, the corporation has participated in funding approximately $82 million in small business loans in Houston, resulting in nearly 2500 jobs being created for low-moderate income citizens. Source: HBDi | The corporation’s mission is to stimulate economic growth, support the expansion of small businesses, combat community deterioration and foster employment opportunities for low-moderate income citizens in the Houston metropolitan area and surrounding counties. As a non-bank, community lending organization, HBDi has served as a catalyst in providing aspiring entrepreneurs and small business owners with debt capital and access to an array of resources to start and/or expand their businesses. Since inception, the corporation has participated in funding approximately $82 million in small business loans in Houston, resulting in nearly 2500 jobs being created for low-moderate income citizens. Source: HBDi | ||
| − | == | + | ===Services |
| − | + | ====Small Business Loan==== | |
$5,000 up to $500,000<br /> | $5,000 up to $500,000<br /> | ||
Working capital, Equipment, Furniture & fixtures and Real estate<br /> | Working capital, Equipment, Furniture & fixtures and Real estate<br /> | ||
Up to 25 year terms, fixed rates determined case-by-case<br /> | Up to 25 year terms, fixed rates determined case-by-case<br /> | ||
| − | + | ====Fast Track Loan==== | |
$5,000 up to $25,000<br /> | $5,000 up to $25,000<br /> | ||
Seven year term<br /> | Seven year term<br /> | ||
Three day processing, low-fixed rates<br /> | Three day processing, low-fixed rates<br /> | ||
Includes Management and Technical assistance<br /> | Includes Management and Technical assistance<br /> | ||
| − | + | ====Start-Up Business Loan==== | |
Up to $150,000<br /> | Up to $150,000<br /> | ||
33% Equity injection<br /> | 33% Equity injection<br /> | ||
| Line 39: | Line 39: | ||
Detailed Business Plan<br /> | Detailed Business Plan<br /> | ||
Sufficient Cashflow and Collateral<br /> | Sufficient Cashflow and Collateral<br /> | ||
| − | + | ====SBA 504 Loan==== | |
Up to $5 million<br /> | Up to $5 million<br /> | ||
Commercial Real Estate, Renovations and Heavy Equipment<br /> | Commercial Real Estate, Renovations and Heavy Equipment<br /> | ||
| Line 45: | Line 45: | ||
Fixed below market rates of interest<br /> | Fixed below market rates of interest<br /> | ||
| − | ==Classes== | + | ===Classes=== |
Experienced professionals from SCORE, Houston Business Development, Inc. and other agencies are on hand to conduct classes covering a variety of topics including:<br /> | Experienced professionals from SCORE, Houston Business Development, Inc. and other agencies are on hand to conduct classes covering a variety of topics including:<br /> | ||
| − | + | *Managing Your Cash Flow<br />*How to Get A Small Busines Loan<br /> | |
| − | + | *Record Keeping for Small Businesses<br /> | |
| − | + | *Understanding Your Credit Report<br /> | |
| − | + | *Low Budget Advertising & Marketing<br /> | |
| − | + | *Planning For Your Business Growth<br /> | |
| − | |||
Revision as of 15:55, 6 October 2016
| Houston Business Development Inc | |
|---|---|
| Institution Information | |
| Name | Houston Business Development Inc |
| Project | Small Business Development Ecosystem of Houston |
| Classification | Development Center |
| Non-Profit Status | Yes |
| Cost | $ |
| Development Stage | Start-Up |
| Minorities | no |
| Women | no |
| Education | yes |
| Certification | no |
| Coworking | no |
| Financing | no |
| Meeting | no |
| Mentoring | no |
| Networking | no |
| Contact Phone Number | (713) 845-2400 |
| Website | {{{URL}}} |
| Contact E-Mail | {{{email}}}URIs of the form "{{{email}}}" are not allowed. |
| Copyright © 2016 McNair Center. All Rights Reserved. | |
The corporation’s mission is to stimulate economic growth, support the expansion of small businesses, combat community deterioration and foster employment opportunities for low-moderate income citizens in the Houston metropolitan area and surrounding counties. As a non-bank, community lending organization, HBDi has served as a catalyst in providing aspiring entrepreneurs and small business owners with debt capital and access to an array of resources to start and/or expand their businesses. Since inception, the corporation has participated in funding approximately $82 million in small business loans in Houston, resulting in nearly 2500 jobs being created for low-moderate income citizens. Source: HBDi
===Services
Small Business Loan
$5,000 up to $500,000
Working capital, Equipment, Furniture & fixtures and Real estate
Up to 25 year terms, fixed rates determined case-by-case
Fast Track Loan
$5,000 up to $25,000
Seven year term
Three day processing, low-fixed rates
Includes Management and Technical assistance
Start-Up Business Loan
Up to $150,000
33% Equity injection
Relevant Industry Experience
Detailed Business Plan
Sufficient Cashflow and Collateral
SBA 504 Loan
Up to $5 million
Commercial Real Estate, Renovations and Heavy Equipment
10% Down payment
Fixed below market rates of interest
Classes
Experienced professionals from SCORE, Houston Business Development, Inc. and other agencies are on hand to conduct classes covering a variety of topics including:
- Managing Your Cash Flow
*How to Get A Small Busines Loan - Record Keeping for Small Businesses
- Understanding Your Credit Report
- Low Budget Advertising & Marketing
- Planning For Your Business Growth
