Houston Business Development, Inc. (HBDi)

About

Assisting micro-enterprise and small business owners by providing flexible and affordable loans to expand their businesses and work closely with banks and commercial lenders to provide bridge financing. LOAN PROGRAMS Houston Business Development Inc. (HBDi) works to assist small companies in overcoming the biggest challenge of any start-up or emerging business, access to capital. • Direct/Tandem Business loans up to $500,000 • Lines of Credit up to $100,000 • Fast track Loans $5,000 to $25,000 • SBA 504 Loans up to $5 million • Start up Loans up to $150,000 BORROWER SERVICES Our staff at HBDi is available to help borrowers with their questions and to comply with the terms of their loan. This includes pre-payments, loan assumptions, maintaining appropriate insurance, financial information and several other transactions. TESTIMONIALS HBDi worked with our banker and was able to fill the gap in our financing just at the right time, said Shawn Siddiqui, one of the principal owners. Collateral issues and depository relationships can make combining funds from multiple banks difficult, he added. InterContinental Hotels Group dba | Holiday Inn Express __________________________________________ HBDi provided financing to fund the 9,000-square-foot facility at 1503 St. Emmanuel in the Second Ward/Navigation area. Ten full-time and 40 part-time jobs were created. Golden Mountain, Inc. dba | Kim Son Restaurant __________________________________________ HBDi provided financing for Joey's Engine to acquire a 5,500- square-foot state-of-the-art machine shop just north of downtown Houston and the company was able to expand its operations and hired employees. Joey's Engine __________________________________________ HBDi in tandem with Chase Bank provided acquisition financing to make the redevelopment project a reality, which has spurred additional developments and revitalization efforts in the area and the creation of over 100 jobs in the Third Ward. Renaissance Cooperative

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5330 Griggs Road
Houston, Texas 77021
United States of America

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Fax: 713-645-2830

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713-845-2400


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