Business Lending Archives | Page 3 of 40 | HCDC

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<img width="300" height="200" src="https://hcdc.com/wp-content/uploads/2019/08/starting-line-300x200.jpg" class="attachment-medium size-medium wp-post-image lazyload" alt="" srcset="https://hcdc.com/wp-content/uploads/2019/08/starting-line-300x200.jpg 300w, https://hcdc.com/wp-content/uploads/2019/08/starting-line-670x447.jpg 670w, https://hcdc.com/wp-content/uploads/2019/08/starting-line-600x400.jpg 600w, https://hcdc.com/wp-content/uploads/2019/08/starting-line-450x300.jpg 450w, https://hcdc.com/wp-content/uploads/2019/08/starting-line.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" />

August’s 2019 Leaderboard

August 9, 2019

Business Lending, News

Banks with the most Loans (Tie breaker is the dollar amount) Heritage Bank – 3 Loans CIVISTA Bank – 2 Loans Huntington National Bank – 2 Loans CBank – 2 Loans PNC Bank – 2 Loans Peoples Bank – 2 Loans CenterBank – 2 Loans First Financial Bank – 2 Loans Individual Bankers with the…

<img width="300" height="200" src="https://hcdc.com/wp-content/uploads/2019/08/dollar-bill-300x200.jpg" class="attachment-medium size-medium wp-post-image lazyload" alt="" srcset="https://hcdc.com/wp-content/uploads/2019/08/dollar-bill-300x200.jpg 300w, https://hcdc.com/wp-content/uploads/2019/08/dollar-bill-670x447.jpg 670w, https://hcdc.com/wp-content/uploads/2019/08/dollar-bill-600x400.jpg 600w, https://hcdc.com/wp-content/uploads/2019/08/dollar-bill-450x300.jpg 450w, https://hcdc.com/wp-content/uploads/2019/08/dollar-bill.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" />

Borrower Equity for the 504 Loan Program

August 5, 2019

Business Lending, News

When it comes to how much a borrower needs to contribute to a 504 project, there are two questions: 1.) How much equity does a borrower need to contribute? 2.) What is the source of that contribution? One of the major advantages of the 504 program is that in most cases the required equity contribution…

<img width="225" height="300" src="https://hcdc.com/wp-content/uploads/2019/06/Stark-Photo-225x300.jpg" class="attachment-medium size-medium wp-post-image lazyload" alt="" srcset="https://hcdc.com/wp-content/uploads/2019/06/Stark-Photo-225x300.jpg 225w, https://hcdc.com/wp-content/uploads/2019/06/Stark-Photo-353x470.jpg 353w, https://hcdc.com/wp-content/uploads/2019/06/Stark-Photo-300x400.jpg 300w, https://hcdc.com/wp-content/uploads/2019/06/Stark-Photo.jpg 480w" sizes="(max-width: 225px) 100vw, 225px" />

President & CEO Pat Longo Holds Meet & Greet Event Series In HCDC East Region

June 28, 2019

Business Lending, News

From left to right: Ray Hexamer, President, Stark Development Board; Janelle Lee, Economic Development Consultant, Strengthening Stark; Patrick Longo, HCDC President/CEO; Jeffery Hasapis, Director, HCDC East With HCDC President & CEO Pat Longo coming on board in January 2019, we waited until he got his footing in our home region of Southwest Ohio before sending…

<img width="200" height="300" src="https://hcdc.com/wp-content/uploads/2019/03/Pat-Longo-2019-200x300.jpg" class="attachment-medium size-medium wp-post-image lazyload" alt="" srcset="https://hcdc.com/wp-content/uploads/2019/03/Pat-Longo-2019-200x300.jpg 200w, https://hcdc.com/wp-content/uploads/2019/03/Pat-Longo-2019-314x470.jpg 314w, https://hcdc.com/wp-content/uploads/2019/03/Pat-Longo-2019.jpg 593w" sizes="(max-width: 200px) 100vw, 200px" />

Six Months of Sweet Success!

June 25, 2019

Business Incubation, Business Lending, Economic Development, News

Wow, what an amazing six months it has been! Since becoming HCDC’s President & CEO on January 2, 2019, it has been like stepping in as a juggler with 42 balls in the air. What an amazing company with such talented people. Plus, the team has been instrumental in not letting a single ball ever…

<img width="200" height="300" src="https://hcdc.com/wp-content/uploads/2018/02/pexels-photo-358647-200x300.jpeg" class="attachment-medium size-medium wp-post-image lazyload" alt="" srcset="https://hcdc.com/wp-content/uploads/2018/02/pexels-photo-358647-200x300.jpeg 200w, https://hcdc.com/wp-content/uploads/2018/02/pexels-photo-358647-313x470.jpeg 313w, https://hcdc.com/wp-content/uploads/2018/02/pexels-photo-358647-600x900.jpeg 600w, https://hcdc.com/wp-content/uploads/2018/02/pexels-photo-358647.jpeg 1365w" sizes="(max-width: 200px) 100vw, 200px" />

June 2019 HCDC SBA 504 Loan Rates

June 7, 2019

Business Lending, News

25-Year Loan: 4.090% 20-Year Loan: 3.983% 10-Year Loan: 4.365%