Bank of Hope
Los Angeles bank with SBA 7(a), SBA 504 and SBA Express loans and commercial equipment leasing.
About
Bank of Hope says it is "an FDIC-insured, super regional bank founded by Korean American immigrants more than 45 years ago" and that it provides "SBA 7(a), SBA 504 and SBA Express loans." Its SBA page lists SBA 7(a) loans up to $5 million, SBA 504 loans up to $15 million to "purchase land/real estate or fixed assets/equipment," and Express loans up to $500,000; it also offers commercial equipment lease financing. By SBA's count it is one of the most active SBA 7(a) lenders. Who it is for: "new and small businesses," in the bank's words; it says it has a presence in 12 states, with its headquarters in Los Angeles.
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