Need a business loan? We can
help!!
HOPE provides a variety commercial
financing tools to meet the needs of companies across the Mid
South. With our extensive business lending experience, we work to
find ways to get financing for you and to connect you with
additional resources that will help you succeed.
HOPE primarily extends loans to and makes investments in business
operating in low-income communities across the Mid South.
While HOPE is interested in any opportunity to lend money, we have
identified certain sectors - community infrastructure, child care,
health care - that need special attention if the Mid South is going
to reach its full potential. We also are focused on meeting the
needs of minority- and women-owned businesses.
It is easy to apply for a HOPE loan. If you or someone you know is
interested in obtaining a business loan from HOPE, you can search
for the nearest HOPE office to find the commercial lending officer
that can help you.
Where do I
start?
Simply call one of our lending offices
in your area to schedule an appointment with a lending officer who
will walk you through the process. If you are not sure who can
assist you, simply contact us and we will be happy to connect you
with a commercial lender in your area.
Required
Information
To make sure the application process
goes smoothly, you will need to collect some information about
yourself and your company. Having the following items available
will help our staff serve you more efficiently.
- 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
- Inventory Listing
- Personal Financial Statements of the Owners and Guarantors
- Business Plan - including projected financial statements
- Management Resumes
- Primary Customer and Supplier References - 3 of each
- Articles of Incorporation or Partnership Agreement
- Corporate Borrowing Resolution