HOPE Commercial Lending Creates Opportunity for Underserved Populations

In 2014, seven out of ten loans closed were made to minority- and women-owned businesses. HOPE places an emphasis on financing community facilities, affordable housing and nonprofits that provide supportive services to low-income residents and provides loans to historically underserved people and places at a much higher rate than other financial institutions. HOPE closed $19 million in commercial loans in 2014.