Houston Business Development Inc. - Revision history

Albert at 18:55, 3 November 2016

2016-11-03T18:55:29Z

2016-11-01T19:51:33Z

2016-10-19T21:13:43Z

2016-10-19T21:06:48Z

Start-Up Business Loan

2016-10-19T21:05:27Z

Fast Track Loan

2016-10-19T21:05:09Z

Classes

2016-10-19T21:04:35Z

Classes

2016-10-19T21:03:24Z

2016-10-19T21:03:04Z

Small Business Loan

2016-10-19T20:59:05Z

Classes

@@ Line 8: / Line 8: @@
 |Contact Phone Number=(713) 845-2400
 |email=info@hbdinc.org
-|Project=[[Small Business Development Ecosystem of Houston]]
+|Project=[[Guide to Small Business in Houston]]
 |Networking=no
 |Education=yes

← Older revision		Revision as of 19:51, 1 November 2016
Line 51:		Line 51:
	*Low-budget advertising and marketing<br />		*Low-budget advertising and marketing<br />
	*Planning for business growth<br />		*Planning for business growth<br />
		+
		+	[[category:Public]]

@@ Line 26: / Line 26: @@
 ==Services==
-===Loans===
+===Loan Programs===
 ====Small Business Loan====
-Loans from $5,000 to $500,000<br />
+Loans from $5,000 to $500,000, up to 25-year terms, fixed rates determined on a case-by-case basis<br />
-Working capital, Equipment, Furniture & fixtures and Real estate<br />
+Requirements: working capital, equipment, furniture & fixtures and real estate<br />
 ====Fast Track Loan====
-Loans from $5,000 to $25,000<br />
+Loans from $5,000 to $25,000, seven-year terms, low fixed rates, three day processing<br />
-Seven year term<br />
+Includes management and technical assistance<br />
 ====Start-Up Business Loan====
-Loans up to $150,000<br />
+Loans up to $150,000, 33% Equity injection<br />
-% Equity injection<br />
+Requirements: relevant industry experience, detailed business plan, sufficient cashflow and collateral<br />
 ====SBA 504 Loan====
-Up to $5 million<br />
+Loans up to $5 million, 10% down payment, interest rates fixed below market rates<br />
-Commercial Real Estate, Renovations and Heavy Equipment<br />
+Requirements: loan must be used to finance commercial real estate, renovations, or heavy equipment<br />
 ===Classes===

@@ Line 39: / Line 39: @@
 ====Start-Up Business Loan====
-Up to $150,000<br />
+Loans up to $150,000<br />
 % Equity injection<br />
 Relevant Industry Experience<br />
 Detailed Business Plan<br />
 Sufficient Cashflow and Collateral<br />
 ====SBA 504 Loan====
 Up to $5 million<br />

@@ Line 33: / Line 33: @@
 ====Fast Track Loan====
-$5,000 up to $25,000<br />
+Loans from $5,000 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====
 Up to $150,000<br />

@@ Line 50: / Line 50: @@
 ===Classes===
-Professionals from SCORE, Houston Business Development, Inc. and other agencies conduct classes covering topics including:<br />
+Professionals from [[Score Houston|SCORE]], Houston Business Development, Inc. and other agencies conduct classes covering topics including:<br />
 *Managing cash flows<br />
 *How to get small business loans<br />

@@ Line 51: / Line 51: @@
 ===Classes===
 Professionals from SCORE, Houston Business Development, Inc. and other agencies conduct classes covering topics including:<br />
-*Managing Your Cash Flow<br />
+*Managing cash flows<br />
-*How to Get A Small Business Loan<br />
+*How to get small business loans<br />
-*Record Keeping for Small Businesses<br />
+*Record keeping<br />
-*Understanding Your Credit Report<br />
+*Understanding credit reports<br />
-*Low Budget Advertising & Marketing<br />
+*Low-budget advertising and marketing<br />
-*Planning For Your Business Growth<br />
+*Planning for business growth<br />

@@ Line 22: / Line 22: @@
 |Accessibility=High
 }}
 The Houston Business Development, Inc. aims to stimulate economic growth, support small business expansion, and foster opportunities for low- and middle-income citizens in the Houston area. As a community lending organization, HBDi provides entrepreneurs and small business owners with access to capital and resources to start and expand their businesses. Since its establishment in 1986, it has provided approximately $82 million in small business loans in Houston, creating nearly 2,500 jobs for low- and middle-income Houstonians.