Hammond Development Corp. – Business Builders Loan Program

Hammond Development Corporation’s Business Builders Loan Program offers low interest lines of credit and term loans to Hammond, IN based businesses


Owning and operating a business isn’t easy,but it doesn’t have to be hard.  It requires good concepts and common sense planning.  This is where the HDC’s Business Builders program can help.  Through a combination of education, counseling, and access to low-interest financing, Business Builders is ready to assist entrepreneurs in learning skills that are necessary to create and strengthen successful business ventures.

The Business Builders Revolving Loan Fund is a crucial part of the Business Builders program.  Hammond-based entrepreneurs can apply for loans that will enable their current business to expand.  Our loan review committee examines the merits of each application.  The program offers one year line of credit or 5 year fixed term loans at low interest rates.  Maximum loan amount is $35,000.


Services Provided

Financial Resources and Assistance

  • Debt Funding
  • Grant Funding
  • Loans
  • Microloans

Technical Assistance

  • Bookkeeping/Accounting Software Training


  • Bookkeeping/Accounting Software Training
  • Budget, Cash Flow and Financial Statements Training
  • Business Plan Training and Assistance

Accelerators and Incubators

  • Incubator

Business Planning

  • Business Plan Consulting
  • Forming a Business

Economic and Site Development

  • Economic Development
  • Revitalization

Events and Community Building

  • Neighborhood Fairs and Festivals
  • Pitch Events
  • Startup Drinks

Financial Resources and Assistance

  • Accounting and Bookkeeping
  • Budget, Financial Statement and Cash Flow Training


  • One-on-One Counseling


  • Conference/Meeting and Event Space
  • Coworking
  • Office Space

Starting a Business

  • Forming a Business
  • Home-Based Business Training
  • Registration, Licenses and Permits
  • Startup Business Counseling
  • Startup Classes


  • Online Courses and Videos
  • Startup Classes
Primary Contact
Jackie DeRosa
5233 Hohman Avenue
Hammond, IN 46320
(219) 803-6304