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FAQQ: Where can I find more information about small business grants? A: http://www.business.gov/financing/grants/ Q: Does the HBRC provide any funding or loans? A: No, the HBRC is not a funding source. The HBRC will help you organize your financial and business information so that a lender can make a lending decision. Q: Can you assist me in creating my business plan? A: Yes. Your HBRC consultant can provide you with our preferred business plan outline and work with you to complete it. Q: What should I do if I don't have enough equity to qualify for a business loan? A: Most lenders require borrowers to provide owner equity of at least one third. If you fall short, you should consider asking an investor (or investors) to participate in your project. Many people ask their family and friends to invest in their business. You can also reach out to professional acquaintances and angel investors.
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The UH HBRC is a business consulting and training center of the University of Houston SBDC Network. The UH SBDC Network serves 32 counties in Southeast Texas. The UH SBDC Network is a program of the UH CT Bauer College of Business and a resource partner of the US Small Business Administration. Funded in part through a cooperative agreement with the U.S. Small Business Administration. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. SBDC programs are nondiscriminatory and available to individuals with disabilities. The University of Houston is an EEO/AA institution. Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance. Contact UH HBRC at 713/752-8417 for accommodations.
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