Diversity Lender
Hope Credit Union
Small Business Loans
Loan Amount
$500 - $500K
Rate
Affordable rates
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Program overview
How Hope Credit Union's diversity lending program works.
Black-owned CDFI credit union providing affordable lending for entrepreneurs in the Deep South. 64% of small business loans go to Black-owned businesses. Partners with Goldman Sachs 10,000 Small Businesses.
Certifications accepted
Which certifications qualify a business for this program.
Hope Credit Union's diversity lending program is open to businesses holding any of the certifications below. Lenders verify the certification at underwriting, so the certificate needs to be active and in good standing at the time you apply.
Underwriting requirements
Minimums Hope Credit Union sets at application.
Small businesses in AL, AR, LA, MS, TN. Focus on Black- and women-owned businesses.
What else this certification opens
Corporate buyers that accept the same certifications.
The certifications Hope Credit Union accepts also unlock the corporate supplier diversity programs below. So the same certification that gets you working capital here can register you as a supplier with these companies.
Compare other lenders
Adjacent diversity lending programs.
Before you borrow
Diversity lenders verify certification at underwriting.
Almost every diversity lender requires an active diverse-business certification on file before approving a loan. The quiz checks which certifications you qualify for and matches them to the lenders that recognize each one, so you can sequence the certification first and the financing second instead of getting denied at underwriting.