Changes

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

$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 />

$5,000 up to $25,000<br />

Seven year term<br />

Three day processing, low-fixed rates<br />

Includes Management and Technical assistance<br />

Up to $150,000<br />

33% Equity injection<br />

Detailed Business Plan<br />

Sufficient Cashflow and Collateral<br />

Up to $5 million<br />

Commercial Real Estate, Renovations and Heavy Equipment<br />

Fixed below market rates of interest<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 />