BUSINESS RESOURCE RESOURCE SMALL SMALL HOUSTON www.SBA.gov • connect with us @ facebook.com/SBAgov twitter.com/sbagov youtube.com/sba The SBA: Streamlining and Simplifying page 34 Counseling Capital Contracting PAGE 10 PAGE 19 PAGE 35 35 PAGE 19 PAGE PAGE SMALL BUSINESS content 2012-2013 HOUSTON Advertising Phone: 863-294-2812 • 800-274-2812 Fax: 863-299-3909 • www.sbaguides.com Staff President/CEO Joe Jensen jjensen@reni.net English/Spanish Small Business Resource Advertising Nicky Roberts nroberts@reni.net Martha Theriault mtheriault@reni.net Kenna Rogers krogers@reni.net Production Diane Traylor dtraylor@reni.net SBA’s Marketing Office: The Small Business Resource Guide is published under the direction of SBA’s Office of Marketing and Customer Service. Director of Marketing Paula Panissidi paula.panissidi@sba.gov Editor Ramona Fortanbary ramona.fortanbary@sba.gov 202-619-0379 Graphic Design Gary Shellehamer gary.shellehamer@sba.gov SBA’s participation in this publication is not an endorsement of the views, opinions, products or services of the contractor or any advertiser or other participant appearing herein. All SBA programs and services are extended to the public on a nondiscriminatory basis. Printed in the United States of America While every reasonable effort has been made to ensure that the information contained herein is accurate as of the date of publication, the information is subject to change without notice. The contractor that publishes this guide, the federal government, or agents thereof shall not be held liable for any damages arising from the use of or reliance on the information contained in this publication. SBA Publication # MCS-0018 This publication is provided under SBA Contract # SBAHQ05C0014. R eni Publishing Publishers of Small Business Resource FEATURES 4 Introduction 4 Administrator’s Message 5 Regional Administrator’s Message 8 District Director’s Letter 10 Counseling Getting Help to Start Up, Market and Manage Your Business 10 SBA Resource Partners 14 SBA’s Online Tools and Training 15 Reaching Underserved Communities 17 Are You Right for Small Business Ownership? 18 Writing a Business Plan 19 Capital Financing Options to Start or Grow Your Business 19 SBA Business Loans 20 What to Take to the Lender 28 Small Business Investment Company Program 28 Small Business Innovation Research Program 28 Small Business Technology Transfer Program 29 Surety Bond Guarantee Program 31 SBA Loan Program Chart 33 SBA Lenders Program Chart 34 Feature Article The SBA: Streamlining and Simplifying 35 Contracting Applying for Government Contracts 35 How Government Contracting Works 37 SBA Contracting Programs 39 Getting Started in Contracting 40 Disaster Assistance Getting Back on Your Feet After a Disaster 41 Advocacy and Ombudsman Watching Out for Small Business Interests 42 Additional Resources Taking Care of Start Up Logistics 45 Business Organization: Choosing your Structure 47 Other Assistance 50 Lender Listing Visit us online: www.sba.gov/tx/houston 2 — Small Business Resource Houston On the Cover: Erica Nelson, a quality control analyst with Asheville, N.C based Highland Brewing Company, at work in the firm’s brewing production facility. [...]... 200 Houston, TX 77056 71 3-9 6 6-1 776 • 71 3-9 6 6-1 700 Fax www.ins-alliance.com McQuain Agency, Inc 5728 Root Rd Spring, TX 77389 28 1-3 5 0-6 600 • 28 1-3 5 0-6 665 Fax Contact: Debra McQuain service@mcquainagency.com Southern American Insurance Agency 8203 Willow Place S., Ste 500 Houston, TX 77070 28 1-8 9 0-9 294 • 28 1-8 9 0-2 229 Fax Suretec 1330 Post Oak Blvd., Ste 1100 Houston, TX 77056 71 3-8 1 2-0 800 • 71 3-6 8 3-2 323... may issue, monitor and service bonds without the SBA’s prior approval Carroll Insurance Agency U S I Southwest 840 Gessner, Ste 600 Houston, TX 77024 71 3-4 9 0-4 600 • 71 3-4 9 0-4 639 Fax www.usi.biz A.J Etheredge Company 430 Hwy 6 S., Ste 150 Houston, TX 77079 28 1-5 8 4-0 888 • 28 1-5 8 4-9 094 Fax Bowen, Miclette & Britt, Inc 1111 N Loop W., Ste 400 Houston, TX 77008 71 3-8 8 0-7 100 • 71 3-8 8 0-7 166 Fax www.bmbinc.com... TX 77008 88 8-2 1 5-2 273 ext 1501 71 3-9 7 5-8 847 Fax www.acciontexas.org SBrooks@Acciontexas.org CAPITAL 3555 Timmons Ln., Ste 100 Houston, TX 7702 7-2 777 83 2-6 8 1-2 592 • 83 2-6 8 1-2 543 Fax www.h-gac.com/home devin.holum@h-gac.com MICROLOAN PROGRAM Acción Texas West – Houston 3300 Chimney Rock, Ste 100 Houston, TX 77056 Anthony Lopez 88 8-2 1 5-2 273 ext.1506 71 3-9 7 5-8 847 Fax Houston@ acciontexas.org Acción Texas... SURETY BOND GUARANTEE PROGRAM 14906 FM-529 Houston, TX 77095 28 1-6 5 6-3 000 Elsey & Associates, Inc 21755 IH-45 N., Bldg 8 Spring, TX 77388 28 1-6 5 1-0 002 Guaranty Insurance Services, Inc 13111 Northwest Frwy., Ste 420 Houston, TX 77040 71 3-9 3 9-9 898 • 71 3-9 3 4-2 020 Fax www.guarantygroup.com HUB International RIGG 10777 Westheimer, Ste 300 Houston, TX 7704 2-5 235 71 3-4 2 5-6 631 Larry Rhodes, VP Lawrence.rhodes@hubinternational.com... non-payment If the borrower defaults, the lender can request the SBA to pay the lender that percentage of the outstanding balance guaranteed by the SBA This allows the lender to recover a portion from the SBA of what it lent if the borrower can’t make the payments The borrower is still obligated for the full amount To qualify for an SBA loan, a small business must meet the lender’s criteria and the. .. of principal and interest For fixed-rate loans the payments stay the same, whereas for variable rate loans the lender can re-establish the payment amount when the interest rates change or at other intervals, as negotiated with the borrower Applicants can request that the lender establish the loan with interest-only payments during the start-up and expansion phases (when eligible) to allow the business... several ways a lender can apply for a 7(a) guaranty from the SBA The main differences between these methods are related to the documentation the lender provides, the amount of review the SBA conducts, the amount of the loan and the lender responsibilities in case the loan defaults and the business’ assets must be liquidated The methods are: • Standard 7(a) Guaranty • Certified Lender Program • Preferred... Deer Park, TX 77536 28 1-4 8 5-5 214 • 28 1-8 6 7-1 106 Fax Richard Prets, Director www.sjcd.sbdcnetwork.net Counties serve: North Brazoria and South Harris Offices in: Pearland, Houston & Deer Park Houston University of Houston SBDC 2302 Fannin, Ste 200 Houston, TX 77002 71 3-7 5 2-8 426 • 71 3-7 5 6-1 515 Fax Roberta Skebo, Director www.sbdc.uh.edu Counties serve: Harris-East End, Fifth Ward and Third Ward Visit us... exported The borrower would need documentation from the exporter of record that its product is, in fact, being exported/ Visit us online: www.sba.gov/tx /houston Houston Small Business Resource — 25 Bank of Houston Bill Prout Senior Vice President Commercial & International Banking 9601 Katy Frwy., Ste 150 Houston, TX 77024 71 3-6 0 0-6 686 or 83 2-3 6 0-0 351 Cell 71 3-7 2 2-0 056 Fax wprout@bankhouston.com www.bankhouston.com... Program (PSN) Business Advisors 71 3-7 5 2-8 400 • 71 3-7 5 6-1 515 Fax Roberta Skebo, Director Hurricane Business Recovery 71 3-7 5 2-8 417 • 71 3-7 5 6-1 515 Fax Elissa Rodríguez, Program Coordinator www.hbrc.uh.edu International Trade Center (ITC) 71 3-7 5 2-8 404 sbdcitc@uh.edu Procurement Technical Assistance Center (PTAC) 71 3-7 5 2-8 477 • 71 3-7 5 2-1 515 Fax Carey White, Director Stephanie Burton-Mangham, Program Coordinator . documentation the lender provides, the amount of review the SBA conducts, the amount of the loan and the lender responsibilities in case the loan defaults and the. Realty 26107 I-45 N. The Woodlands, TX 77380 28 1-7 3 1-8 837 April Day Women’s Business Center 9800 Northwest Frwy. Houston, TX 77092 71 3-6 8 1-9 232 Mark Hay SCORE