Better Banking. Better Lives.

Business Loans

HOPE wants to see the Mid South reach its full potential. That means providing financing to small and medium-sized businesses, entrepreneurs, and nonprofits that are ready to get to work in our communities.

While HOPE is interested in any opportunity to lend money, the organization places a priority on community infrastructure development—such as affordable housing, health care, fresh foods, and charter schools—and on meeting the needs of minority- and women-owned businesses.

Business Loan Types

  • Term Loans
  • Mini-Perm Loans
  • Short-Term Loans
  • Letters of Credit
  • Lines of Credit
  • Microloans
  • SBA Guaranteed Loans
  • USDA Guaranteed Loans
  • Special Programs Financing

Business Loan Purposes

  • Acquisition, Construction, and Commercial Real Estate
  • Furniture, Fixtures, and Equipment
  • Vehicles Titled to Business
  • Inventory
  • Help Carrying Accounts Receivable
  • Working Capital

Meet our commercial lenders and contact them to set up an appointment. They can discuss your needs and walk you through the loan process.

We also are part of several initiatives across the region that provide loans to meet specific needs:

When you’re ready to apply, you’ll need some information to make sure the application process goes smoothly. Required Information

 

Featured Stories

HOPE Cuts Ribbon on New Orleans Charter School

HOPE Mortgage Originator Glynniece Smith, a graduate of NOLA’s McDonogh 42, holds a painting the school’s student presented to HOPE. Note that the owl, the school’s mascot, is carrying an olive branch just like the HOPE dove! New Orleans, LA (August 19, 2015) – Hope Enterprise Corporation (HOPE) celebrated the re-opening of McDonogh 42, a charter school located in New Orleans’ 7th Ward following significant damage incurred from Hurricane Katrina. Through the New Markets Tax Credit Program, HOPE provided $6 million in financing for the school’s $23 million rehabilitation.

HOPE Commercial Lending Sparks Opportunities for 
Minority- and Women-Owned Businesses (MWOB)

HOPE makes business loans to historically underserved populations at a much higher rate than other financial institutions across the Mid South.

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