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	<title>Houston Business Development Inc</title>
	<link>http://www.hbdinc.org</link>
	<description>Houston Business Development, Inc. (HBDi) is a non-profit 501(c)(3) corporation located in Houston, Texas. Established in 1986 by the City 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.</description>
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		<title>HBDi Loan Products Seminar</title>
		<description><![CDATA[    CALLING ALL SMALL BUSINESS OWNERS! Be sure to mark your calendar for Thursday, April 26th, 2012 from 6:00pm to 7:00pm to attend the upcoming HBDi Loan Products Seminar! Don&#8217;t miss out on a great opportunity to learn how you can grow your business and obtain flexible, low-interest rate loans for your working capital [...]]]></description>
		<link>http://www.hbdinc.org/hbdi-loan-products-seminar/</link>
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		<title>Hope for Galveston Businesses</title>
		<description><![CDATA[Galveston Business Recovery Loan Program In September of 2011, Houston Business Development, Inc. (HBDi) co-administrated a program with the Galveston Economic Development Partnership (GEDP) to award $2 million in disaster recovery loans to 64 Galveston-based businesses affected by Hurricane Ike.  The program provided businesses, located on Galveston Island during the storm, access to loans to [...]]]></description>
		<link>http://www.hbdinc.org/hope-for-galveston-businesses-2/</link>
			</item>
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		<title>TXDot Small Business Briefing-Houston</title>
		<description><![CDATA[Houston Business Development, Inc. (HBDi) participated in a business outreach forum on March 1, 2012 focused on conducting business with TxDot, and other public and private sector organizations.   The event which was held in Houston at the Omni Hotel Westside assembled a diverse group of over 400 people from the  public, and private sectors to discuss [...]]]></description>
		<link>http://www.hbdinc.org/txdot-small-business-briefing-houston/</link>
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		<title>HBDi Accepting Board Nominations</title>
		<description><![CDATA[Houston Business Development, Inc. (HBDi)  is accepting nominations through April 30, 2012 for seats on its 2012 Board of Directors.  The Board of Directors consists of 13 individuals, representing community, nonprofit organizations, professionals, financial lending institutions, and government  representatives, from the Houston Metropolitan area.  Established in 1986 by the City of Houston, HBDi is a non-profit 501 [...]]]></description>
		<link>http://www.hbdinc.org/hbdi-nominations/</link>
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		<title>Small Business Administration Summit</title>
		<description><![CDATA[Financial Workshop and Luncheon The Board of Directors of the Greater Sharpstown Management District and the Small Business Administration have assembled an excellent workshop for business owners of every size, industry, and experience. If you’re looking for working capital to buy equipment or expand your business, come and learn all you can from the SBA [...]]]></description>
		<link>http://www.hbdinc.org/small-business-administration-summit/</link>
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		<title>How does an HBDi loan differ from a bank loan?</title>
		<description><![CDATA[As a nonprofit corporation, HBDi lending activities are subsidized with government funding. As a result, we are able to offer below market rates of interest that are fixed over the life of the loan. HBDi also offers very flexible terms (e.g., collateral coverage, loan to value, amortization, etc.) and credit terms that typically are not [...]]]></description>
		<link>http://www.hbdinc.org/how-does-an-hbd-loan-differ-from-a-bank-loan/</link>
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		<title>What are the fees associated with getting a loan?</title>
		<description><![CDATA[Fees consist of an application fee of $75 for Micro-Enterprise loans, $200 for Small Business loans, and a 1% origination fee respectively. Fast Track loans require a $350.00 fee, which is refundable if the loan is not approved. Micro-enterprise and Small Business loans will incur legal fees and closing costs, which may range from $350 [...]]]></description>
		<link>http://www.hbdinc.org/what-are-the-fees-associated-with-getting-a-loan/</link>
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		<title>How long does it take to receive funding?</title>
		<description><![CDATA[From the date of application to actual funding, if a loan application is thorough and complete, the process can take from 7-20 days for  Small Business loans. Fast Track loans are processed within three (3) business days.]]></description>
		<link>http://www.hbdinc.org/how-long-does-it-take-to-receive-funding/</link>
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		<title>How important is my credit history?</title>
		<description><![CDATA[HBDi reviews the borrower’s credit report and credit score in considering all loan requests. Fast Track Loan applicants must have a minimum score of 640 to be eligible for consideration. However, overall we are generally more flexible in reviewing credit history and in some cases are able to extend loans even when credit scores are [...]]]></description>
		<link>http://www.hbdinc.org/how-important-is-my-credit-history/</link>
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	<item>
		<title>What kind of businesses are ineligible to apply?</title>
		<description><![CDATA[Ineligible businesses include sexually oriented businesses, gambling establishments, businesses with over 51% of revenues generated from liquor sales, businesses organized for religious purposes, residential builders and speculative real estate investments.]]></description>
		<link>http://www.hbdinc.org/what-kind-of-businesses-are-ineligible-to-apply/</link>
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