Better Banking. Better Lives.

Goldman Sachs 10,000 Small Businesses Initiative

The Goldman Sachs 10,000 Small Businesses initiative is a national effort to unlock the growth and job-creation potential of 10,000 small businesses across the United States through greater access to business education, mentors and networks, and financial capital. It is based on the broadly held view of leading experts that a combination of education, capital and support services best addresses the barriers to growth for small businesses.

Goldman Sachs 10,000 Small Businesses



HOPE is the lending partner for 10KSB in Mississippi and Louisiana. Through its commercial lending operations, existing businesses will be able to borrow between $50,000 and $500,000 dollars for growth and expansion.

The initiative was launched in January of 2011.


  • Businesses in operation for at least 2 years
  • Business revenues between $150,000 – $4 million in the most recent fiscal year
  • Businesses with a minimum of 4 employees
  • No real estate investment or development projects
  • No financing entities
  • Mississippi counties of Forrest, George, Greene, Hancock, Harrison, Jackson, Lamar, Pearl River, Perry, and Stone
  • Louisiana parishes of Ascension, East Baton Rouge, Jefferson, Lafourche, Livingston, Orleans, Plaquemines, St. Bernard, St. Charles, St. James, St. John the Baptist, St. Tammany, Tangipahoa, Terrebonne, And Washington

Loan can be used towards:

  • Working Capital
  • Inventory
  • Business Purchase
  • Equipment
  • Leasehold Improvements

To learn more about borrowing opportunities from HOPE, contact us:

Before completing an application and personal financial statement, HOPE recommends that prospective borrowers contact us either by phone or email (listed above) to discuss program eligibility and other requirements.

10KSB Commercial Loan Application

10KSB Personal Financial Statement

Learn more about the Goldman Sachs 10,000 Small Businesses Loan Program and other Business Loan options available online at Goldman Sachs.


Featured Stories

Hope Credit Union Expands into Southwest Little Rock

LITTLE ROCK, AR – Hope Enterprise Corporation and Hope Credit Union (HOPE) celebrated the grand opening of its newest location at 8411 Interstate 30 in Southwest Little Rock on Thursday, June 2. The new full service location expands on HOPE’s existing presence, a program office housing a commercial lender since 2006 and a branch in College Station since 2008, and offers area residents access to checking and savings accounts, auto loans and credit cards, mortgages and small business loans. Anyone who supports the mission of HOPE, to improve the quality of life for low-income and low-wealth individuals in the Mid South, may join the credit union to take advantage of the benefits of membership. “We are excited to open our newest branch in Southwest Little Rock, a diverse and growing community filled with opportunity,” said HOPE CEO Bill Bynum. “We are grateful to our long time partners the Winthrop Rockefeller Foundation, NeighborWorks® America and Regions Bank for their ongoing generosity and support to make this day possible.” Since 2008, HOPE has expanded from 7 to 27 locations – many of which are located in communities where few affordable banking options exist. HOPE serves 30,000 members, one out of three of whom were unbanked when they joined. Through July 31, 2016, HOPE will feature special offers to help make it more affordable for people to become members. The credit union will waive the monthly fee on all checking accounts for six months and the application fee on personal loans. HOPE offers checking and savings accounts, consumer and mortgage loans and commercial lending services. The Little Rock branch is open Monday – Thursday 9am – 4pm and Friday 9am – 6pm. For more information about HOPE or a complete list of services and locations, visit About HOPE HOPE (Hope Enterprise Corporation and Hope Credit Union) is a community development financial institution, community development intermediary and policy center that provides affordable financial services; leverages private, public and philanthropic resources; and engages in policy analysis in order to fulfill its mission of strengthening communities, building assets, and improving lives in economically distressed parts of the Mid South.

Bill Bynum Receives Ned Gramlich Award for Responsible Finance at 2014 Opportunity Finance Network Conference

Bill Bynum, CEO of HOPE received the 2014 Ned Gramlich Award for Responsible Finance.

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