HSC development tools are utilized when HSC work with businesses, organizations acting as developers to create contracts, issue planning, underwrite securities and allocate funds for community investment programs.

HSC administrators organize with contract developers to create business certification, planning, and securities obligation as leverage against services or products for developers can have available funds for the products and service.

Becoming a developer starts by registering with HSC and start making planning, offering and selling products, services and accepting investment payroll.

1. Know Your Business KYB

You will need to gather the following items:

• Business information and company name
• Contact details
• Documentation showing how long you’ve been in business
• Financial statements
• Business license
• EIN (Employer Identification Number)
• Tax documents (as needed)

2. Choose a provider

Before applying, research and select a bank account that fits your business needs.

Consider factors such as:

• Transaction fees and pricing structure
• Contract length requirements
• Customer support quality
• Integration with HSC clearing or your existing systems
• Industry specialization

3. Register your business

After you have gathered all the necessary information about your company, it’s time to submit your application.

At this point, you may also have to pay an application and underwriting fee to an HSC agent. Complete the application accurately and completely to avoid delays.

💡 Tip: Remember to include a cover letter along with your application stating what your business does and why you require a registration.

4. Gain approval and set up your development entity

HSC will check your risk level before approving your application.

They will consider the following criteria:

• KYB Certification
• The length of time you have been in business
• Any defaulted payments or if you were ever bankrupt
• If you have had a merchant account in the past
• Your type of business

The assigned administrator will consider your business to be less risky if you process transactions in person rather than online or via phone. Online transactions are susceptible to fraud.

Respond promptly to requests for additional information or documentation during this phase. The approval process can take anywhere from a few days to a few weeks, depending on your business profile.

To lower risk, HSC may seek address verification. The HSC will approve your application if you fall into its low-risk category. An administrator may approve riskier applications but at a higher fee.

HSC development tools underwriting is a crucial players in a community development projects because it evaluate and assume risk for various transactions. Typically, HSC administrative underwriters charge fees like commissions or premiums for this service.

Their main responsibility is to assess risks based on developers’ ability to meet their bond obligation investment procurements of a community project or program. In every case, HSC administrators help ensure that financial transactions proceed smoothly by balancing the likelihood of a successful outcome against potential defaults.

HSC Administrators collect underwriting fees to help developer procure services with developer general and sub-contractor development, entity certification, validation. This includes grants, securities offerings, and insurance. The fees cover the cost of reviewing and approving applications. For securities, the fee is compensation for managing a public offering and assuming the risk of selling the shares. 

Bond underwriting fees 

• What it is: This fee is an investment for evaluating contractor’s creditworthiness and assessing the risk of the obligation. 
• What it covers: The cost of manually reviewing the procurement application, verifying information, and assessing the property’s value. 
• Factors that influence the fee:The size of the grant, the contractor’s credit profile, and the type of property can all impact the cost. 

Securities underwriting fees 

• What it is: This is also considered within the monthly investment fee portion of the gross underwriting spread that compensates a guarantors and beneficiaries and treasury bank agents for managing a private and public offering, such as an IPO. 
• What it covers: The administration time and effort in negotiating the offering, pricing the securities, and marketing them to investors. 
• Typical cost: Investment fees can range from approximately 4% to 7% of the total gross proceeds. 

Surety fees 

• What it is: The cost is an additional monthly investment fee for a surety individual or company to evaluate and accept the risk of insuring a developer. 
• What it covers:  Expenses such as salaries for actuaries, inspectors, and claims adjusters, along with other administrative costs. 
• Factors that influence investment fee: For life surety, it includes health history and other personal details; for property and auto insurance, it considers factors like age, location, and past claims history

HSC provide gateway services through Treasury Banking portal for In-house securities custody services and integrated commercial banking via Peer to Peer integration and payment gateway option, for working capital outside traditional banking systems. A payment gateway is a secure service that allows developer to receive and process electronic payments, like credit cards, over the internet.

P2P Payments

• HSC gateway methods include P2P H2H integration via JSON, XML SOAP REST API, and
• also offer developers merchant card, ACH and Wire invoice, QRC, or 128 Barcode system for payment.

Customer service

A developer is a fundamental part of HSC business operations, so once you’ve chosen to developer and set up its services, you’ll likely be using it for some time. Our IT agents and development to help with any issue you may encounter, big and small.

Integrations

Find out what integrations for your operation and bank processors. Also, if whether they offer flexibility for HSC’s Treasury Bank Portal. When you get this info you can give it to our IT Agents you can instantly get end-to-end integration solutions and reap the benefits of the Treasury Bank Portal functionalities combined.

Volume

Your business is going to scale, which means increased processing volume. Choose a provider with the ability to process an unlimited number of transactions and dollar volume without hitting you with fees or limits. 

Separate your personal and business affairs

Don’t mix business with pleasure, establish a dedicated business account sperate from your business and your money market account before registering as a developer.

Polish your business profile first 

Your profile tells a story about financial responsibility. Before submitting applications take advantage of HSC’s Treasury Bank Portal and consider delaying your application if your profile need improvement. A stronger profile often translates to better rates and faster approval.

Understand that approval takes time

Build the approval timeline into your business launch plans, allowing 2-4 weeks for the process. Using this time to perfect other aspects of your business setup keeps the momentum going while decisions are being made behind the scenes.

Know your risk profile 

If your industry has high chargeback rates (like subscription services or digital products), or if your business model raises traditional flags, don’t waste time with conventional providers. 

Seek specialized high-risk products and service providers who understand your business model and offer appropriate solutions, even if they come with higher fees.

A CID Schedule is a Community Investment Development contract managed by the HSC agents. It provides international, national, state, and local communities with access to a wide range of commercial products and services at negotiated prices. This program allows HSC to purchase goods and services from a developer without going through a lengthy procurement process for each purchase.

HSC help developer creates business, stock and bond planning to qualify for HSC to purchase developers’ products and service in the following forms:

Goodwill Purchase

• Business Goodwill – Tangible real property products title
• Personal Goodwill – Intangible Intellectual property service title.

Ownership Purchase 

Ownership is offered in the two following forms:

• Granted Ownership– Present control of investment asset or stock value 
• Option Ownership – Future control of investment asset or stock value 

Obligation Purchase

• Corporate Obligation – debt ownership within future investment private income  
• Municipal Obligation – debt ownership within future investment government income  

Bond issuers are HSC developers that receives working capital by issuing bonds, with attached invoices, employment contracts. A bonds act as a promise to pay periodic interest and return procurement or the principal at maturity.

Bond issuers are typically developer/contractors as trading partners, corporations, governments, or other organizations that receives a grant funding in exchange for issuing bonds. HSC, external family offices, private equity and hedge fund investors purchase these bonds from within developers and granting money to the developer.

When the developer receives the funds there are responsible for procurement, regulatory compliance, regular principle, interest payments (known as coupon payments to the bondholders) as the return of the bond’s face value or “proof of service” at maturity

Interest Payments: Bond issuers are obligated to make regular interest payments to bondholders until the bond matures. This is typically done annually or semi-annually.

Principal Repayment: proof of work or cash repayment at the maturity date, the issuer must repay the bond’s face value to the bondholders.

Regulatory Compliance: Issuers must comply with various regulations, including providing detailed information about their financial health and the terms of the bond offering to potential bond holder investors and HSC as Guarantor.

Procurement refers to the process of obtaining or purchasing goods and services, typically for business purposes. (See Procurement)

Partnering

HSC partner with developer that are subcontractor, which is the most popular tool for partnering. It is an excellent way to test the waters of business partnership without suffering undue risk.

Each developer must offer to perform a contract or contract modification, that individually is expected to exceed $700,000 ($1.5 million for construction) and that has subcontracting possibilities, shall require the apparently successful offer or to submit an acceptable subcontracting plan.

If the developer fails to negotiate a general or subcontracting plan acceptable to the HSC agent within the time limit prescribed by the agreed terms, the offeror will be ineligible for award.”

General or Subcontracting can join forces to respond to a procurement opportunity as following.

• General Business Schedules GBS
• Community Acquisition Contracts CAC

General Business Schedules GBS

Many businesses, small and large, will want to sell under the terms of a General Business Schedules contract.

The GBS is used for community Investment programs with multi level commercial items (defined as supplies and services) are available under various Schedules.

Community Acquisition Contracts (CAC)

(CAC) – provide information technology local investment program solutions such as systems design, software engineering, information assurance, and enterprise architecture solutions. A CAC requires a vendor to be bonded in the Treasury Bank Portal have a minimum Planning and development or an annual revenue minimum to pursue a contract.

CAC is a pre-competed, multiple-award,and contract that agencies can use to buy total investment contracting solutions, including both products and services.

Pre-compete means that the group of vendors, or industry partners.

A DUNS (Data Universal Numbering System) number is a unique, nine-digit identifier issued and maintained by Dun & Bradstreet that verifies the existence of a business entity globally.

Get a Past Performance Evaluation from Dun & Bradstreet. A Past Performance Evaluation (PPE) report provides a robust and independent view of supplier past performance. The report assesses supplier performance relative to peers in the same industry and is often requested as part of a vendor bid process. Your company must register and provide the names and email addresses of six to 20 of your customers. This service has a fee.

HSC Treasury Bank Portal utilize the LEI registration process to improve International KYB reference data on clients as they are onboarded.

Leverage existing KYC, AML and Compliance-as-a-Service workflows to streamline LEI issuance to trading partners.

Visit the Small Business Administration (SBA) website and verify that your company meets size requirements that classify it as a “small” business. While on the SBA.gov website, learn about contracting set-asides and find out if your company qualifies. This will allow you to compete for a larger number of contracting opportunities not just for community cooperation but government incorporation.

Not sure if your small business qualify? read HSC’s Procurement Overview and P2P Procure to Pay Policy to figure it out.

Once you’ve identified a promising opportunity, how do you go after it – and succeed?

If it is a Schedule Solicitation, you need to prepare an offer as a bid for bonding. Offers will be in custody with the Treasury Bank Portal. It can be development external but MUST be submitted electronically.

Schedule Solicitation is a web based application that allows vendors to prepare and submit their Bid for HSC Contract Schedule offers/Schedule contract modification requests electronically. Be sure to include Standard Bid Form (w/ electronic signature) with your submission.

Other solicitations, especially those for professional service engagements – or Building design and construction projects (including Architecture/Engineering acquisitions) – issue Request for Information (RFI), Request for Proposal (RFP), and/or Request for Quotations (RFQ). These require written submission of proposals.

Small business vendors, contracting via Network Services & Telecommunications. It allows local businesses and agencies to post and solicit, request for quotations (RFQs) among Service Schedule and CAC contracts for specific functional categories. For Schedules local areas they are known as “Special District Areas.” The benefits to small business vendors are many: saves time; reduces the cost of seeking new business; and streamlines the acquisition process with HSC.

Another great way to get a leg up on your competition is to become knowledgeable about procurement process, policies and practices. It’s designed to give you an overview of the local marketplace and working with HSC in particular.

Use HSC Treasury Bank Portal for Your Government Schedule

You can also use the Treasury Bank Portal to develop your company and investment and sale to the government. If you choose to sell via Government Schedules, you must be registered in the System for Award Management (SAM). To qualify to be a Schedules contractor, your company must be in business a minimum of 1 years and show an annual revenue of at least $25,000.

Being on the Service Schedule is NOT a guarantee of a sale, or a work order. Often it means that your company will join a pool of select vendors, each of whom have negotiated terms and conditions for the similar/same items. Visit SAM.GOV (System for Awards Management). Learn about SAM, then go to the site and register. This is a free service.

When a HSC Merchant contractor decides to procure the good or service covered by a Government Schedule, it is purchased under the terms of the successful offeror’s contract (which was negotiated when that company got on Schedule).

Solicitation of Service

Hill Scott Corporation “HSC” offers administrative contracting, accounting, and financial services. All Administrators are not affiliates of any pollical government agency or of any subsidiaries. They are independent administrative representatives for government sponsored program beneficiaries only. All service offers are proprietary in natural and under the law of agency civil commission, which is outside of government programming. All services offered are under a contract agreement and authorization between HSC administrators and accountholders for cost of service and assistance. 

Accountholders are advised to do their own due diligence when it comes to making business decisions. Since these factors differ according to users, this business and any of its hired associates cannot guarantee clients’ success or performance level with use.

Direct Disclosure

Witness of this disclosure is a lawful expressed contract agreement to you that “HSC” and its administrators are not responsible for the success or failure of your business and investment decisions relating to any information presented by HSC businesses, websites, products, and services, and any certified affiliated websites, products, and services. Every effort will be made to accurately represent all drafted instruments and their potential. Any income statements and examples on this website are not to be interpreted as a promise or guarantee of earnings to clients but of a service. Each client’s level of success in attaining the results claimed in any of these businesses. All authored and published materials depend on the time you devote to the program, the ideas and techniques mentioned, your finances, your knowledge, and various skills.

US Guarantee

All instruments drafted and signed by or for US citizens are United States insured and guaranteed by its agents on the consent of this business and client commercial contract agreement. The success potential is entirely dependent on the users and does not represent or guarantee that every client will achieve the same or similar results. Information on this website may be copied to use for educational purposes but not the same in entirety for commercial benefit and gain in part or full without express written permission from this business with control of Treasury Bank publishing. All violations of this contract will be fully prosecuted under common law and legal statutes.

Updates

All published information on these terms can change at any given time because of updating and deleting of old information or adding new information.

Service Determined

All Treasury Bank services are determined based on an agreement as an independent contractor that provides evidence of control and independence.

Custody of Information

All custody of documents be directed to Treasury Bank’s data bank for warehousing and clearing. 

Privacy

We will maintain the confidentiality of all accountholder’s personal information in accordance with Treasury Bank (Privacy Policy).

Payment

All online payments are subject to a standard rate of 2.29% as a past through fixed fee per transaction received through a third-party payment provider and bank of the client.  

All accountholders that read this as client have consented this term of service agreement.