Need a business loan? We can help.
HOPE wants to see the Mid South reach its full potential. And that means financing entrepreneurs who are ready to get to work in our community.
Not only that, we find ways to get financing for you and connect you with additional resources that will help you succeed.
While we're interested in any opportunity to lend money, HOPE primarily extends loans to and makes investments in businesses operating in low-income communities across the Mid South. Especially those in the critical areas of child care, health care, and community infrastructure. We're also focused on meeting the needs of minority- and women-owned businesses.
Contact us to set up an appointment with a lending officer who will walk you through the process.
We also are part of several initiatives across the region that provide loans to meet specific needs:
You will need to collect some information to make sure the application process goes smoothly.
Financial Statements and/or Tax Return Forms - 3 years
Interim Financial Statements - dated within 90 days of application
Accounts Receivable and Accounts Payable Agings
Notes Payable Schedule
Personal Financial Statements of the Owners and Guarantors
Business Plan - including projected financial statements
Primary Customer and Supplier References - 3 of each
Articles of Incorporation or Partnership Agreement
Corporate Borrowing Resolution