Houston Business Development Inc.

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Small Business Development Ecosystem of Houston
Houston Business Development Inc.
HBDi.jpg
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
Consulting no
Coworking no
Financing no
Meeting no
Mentoring no
Networking no
Contact Phone Number (713) 845-2400
Website http://www.hbdi.org/
Contact E-Mail info@hbdinc.org
Copyright © 2016 McNair Center. All Rights Reserved.

Return to Small Business Development Ecosystem of Houston.

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

Loans

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 Business Loan
  • Record Keeping for Small Businesses
  • Understanding Your Credit Report
  • Low Budget Advertising & Marketing
  • Planning For Your Business Growth