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Houston Business Development Inc (view source)
Revision as of 15:48, 18 July 2016
, 15:48, 18 July 2016Created page with "{{SBDE Template |Image= |Caption= |Name=Houston Business Development Inc |Classification=Development Center |Convenience= |Developmental Stage= |Website= http://www.hbdi.org/..."
{{SBDE Template
|Image=
|Caption=
|Name=Houston Business Development Inc
|Classification=Development Center
|Convenience=
|Developmental Stage=
|Website= http://www.hbdi.org/
|Start Date=
|Non-Profit Status= Yes
|Contact Information= 713-845-2400, info@hbdinc.org
}}
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.
==Loan Programs==
'''Small Business Loan''' <br />
$5,000 up to $500,000<br />
Working capital, Equipment, Furniture & fixtures and Real estate<br />
Up to 25 year terms, fixed rates determined case-by-case<br />
'''Fast Track Loan'''<br />
$5,000 up to $25,000<br />
Seven year term<br />
Three day processing, low-fixed rates<br />
Includes Management and Technical assistance<br />
'''Start-Up Business Loan'''<br />
Up to $150,000<br />
33% Equity injection<br />
Relevant Industry Experience<br />
Detailed Business Plan<br />
Sufficient Cashflow and Collateral<br />
'''SBA 504 Loan'''<br />
Up to $5 million<br />
Commercial Real Estate, Renovations and Heavy Equipment<br />
10% Down payment<br />
Fixed below market rates of interest<br />
==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 />
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 />
|Image=
|Caption=
|Name=Houston Business Development Inc
|Classification=Development Center
|Convenience=
|Developmental Stage=
|Website= http://www.hbdi.org/
|Start Date=
|Non-Profit Status= Yes
|Contact Information= 713-845-2400, info@hbdinc.org
}}
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.
==Loan Programs==
'''Small Business Loan''' <br />
$5,000 up to $500,000<br />
Working capital, Equipment, Furniture & fixtures and Real estate<br />
Up to 25 year terms, fixed rates determined case-by-case<br />
'''Fast Track Loan'''<br />
$5,000 up to $25,000<br />
Seven year term<br />
Three day processing, low-fixed rates<br />
Includes Management and Technical assistance<br />
'''Start-Up Business Loan'''<br />
Up to $150,000<br />
33% Equity injection<br />
Relevant Industry Experience<br />
Detailed Business Plan<br />
Sufficient Cashflow and Collateral<br />
'''SBA 504 Loan'''<br />
Up to $5 million<br />
Commercial Real Estate, Renovations and Heavy Equipment<br />
10% Down payment<br />
Fixed below market rates of interest<br />
==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 />
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 />
