HCDC Clients on Hot Lists
HCDC is proud to say that a number of its clients have been named to “hot lists” both locally and nationally. Below is a rundown of the who, the what,…
Read More September 2018 HCDC Loan Fundings
Smart IT Staffing Project Cost = $1,524,605 HCDC SBA 504 Loan = $630,000 Third-Party Lender = LCNB National Bank Banker = David Stitsinger Hometown Self Storage, LLC Project Cost =…
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HCDC Saw 20 Client Expansions in the Past 18 Mos
In case you haven’t heard, the two 4-floor buildings that make up HCDC’s 72,000-sq ft campus in Norwood, have been buzzing with activity lately. Our tech and tech-enabled clients are…
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HCDC Economic Development Office Assists Village of Lockland with Grants
HCDC’s Economic Development Office has assisted in obtaining five grants totaling over $550,000 in recent months for the Village of Lockland. These grants attract private investment to existing buildings, make…
Read More September 2018 HCDC SBA 504 Loan Interest Rates
10-Year Debenture = 5.252% 20-Year Debenture = 5.250% 25-Year Debenture = 5.290%
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Third-Party Lender: What Does That Mean?
The financing for every SBA 504 project is provided by a Certified Development Company, such as HCDC, and a “Third-Party Lender.” In most cases, the Third-Party Lender is a financial…
Read More August 2018 HCDC Loan Fundings
Elks Run Golf Club Project Cost = $2,800,000 HCDC SBA 504 Debt Refinance Loan = $952,000 Third-Party Lender = Republic Bank & Trust Company Banker = Kevin Herthel TeamEPS,…
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Three Office of Innovation Companies & One HCDC Loan Borrower were Fast 55 Finalists
On Thursday, August 16, 2018, the Cincinnati Business Courier held its annual Fast 55 Awards celebrating the 55 fastest-growing private companies in the Greater Cincinnati area. HCDC is proud to…
Read More HCDC Receives Two Duke Energy Urban Revitalization Grants for Small Business Coaching
HCDC was awarded two Urban Revitalization Grants from the Duke Energy Foundation on August 14, 2018, to provide one-on-one small business coaching in Lockland and Norwood. Duke Energy created the…
Read More August 2018 HCDC SBA 504 Loan Interest Rates
10-Year Debenture = 5.302% 20-Year Debenture = 5.301% 25-Year Debenture = 5.351%
Read More HCDC Business Center Seeking to Fill Business Coach Position
HCDC seeks an individual to coach and provide assistance in the growth of innovative, entrepreneurial business startups. This position requires business startup knowledge, excellent interpersonal skills, public speaking, multitasking, and…
Read More Small Business Financing Banker Roundtable at Ohio SBDC/Ohio University September 21
HCDC Lending is co-sponsor of a Small Business Financing Update/Bankers Roundtable to be held on Friday, September 21, 2018, at the Belmont County Country Club in St. Clairesville, OH. This…
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