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|Project=[[Guide to Small Business Development Ecosystem of in Houston]]

The corporation’s mission is Houston Business Development, Inc. aims to stimulate economic growth, support the small business expansion of small businesses, combat community deterioration and foster employment opportunities for low-moderate and middle-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 provides entrepreneurs and small business owners with debt access to capital and access to an array of resources to start and/or expand their businesses. Since inceptionits establishment in 1986, the corporation it has participated in funding provided approximately $82 million in small business loans in Houston, resulting in creating nearly 2500 2,500 jobs being created for low-moderate and middle-income citizensHoustonians. Source: HBDi

===LoansLoan Programs===

Loans from $5,000 up to $500,000<br />Working capital, Equipment, Furniture & fixtures and Real estate<br />Up up to 25 -year terms, fixed rates determined on a case-by-casebasis<br />Requirements: working capital, equipment, furniture & fixtures and real estate<br /> 

Loans from $5,000 up to $25,000<br />Seven , seven-year term<br />Three day processingterms, low-fixed rates, three day processing<br />Includes Management management and Technical technical assistance<br /> 

Up Loans up to $150,000<br />, 33% Equity injection<br />Relevant Industry ExperienceRequirements: relevant industry experience, detailed business plan, sufficient cashflow and collateral<br />Detailed Business Plan<br />Sufficient Cashflow and Collateral<br />

Up Loans up to $5 million<br />Commercial Real Estate, Renovations and Heavy Equipment<br />10% Down down payment, interest rates fixed below market rates<br />Fixed below market rates of interestRequirements: loan must be used to finance commercial real estate, renovations, or heavy equipment<br />

Experienced professionals Professionals from [[Score Houston|SCORE]], Houston Business Development, Inc. and other agencies are on hand to conduct classes covering a variety of topics including:<br />*Managing Your Cash Flowcash flows<br />*How to Get A Small Business Loanget small business loans<br />*Record Keeping for Small Businesseskeeping<br />*Understanding Your Credit Reportcredit reports<br />*Low Budget Advertising & Marketing-budget advertising and marketing<br />*Planning For Your Business Growthfor business growth<br /> [[category:Public]]