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Bank of Hope (CA)

Bank of Hope has been providing financial services to the largest Korean-American community in the country for 40 years for Banking, Mortgage, Checking, Credit Cards and more.

All Other Amusement and Recreation Industries All Other Professional, Scientific, and Technical Services Apparel Accessories and Other Apparel Manufacturing Automotive Body, Paint, and Interior Repair and Maintenance Beauty Salons Cafeterias, Grill Buffets, and Buffets Coffee and Tea Manufacturing Coin-Operated Laundries and Drycleaners Commercial and Institutional Building Construction Couriers Dental Equipment and Supplies Manufacturing Dental Laboratories Drinking Places (Alcoholic Beverages) Drugs and Druggists' Sundries Merchant Wholesalers Drycleaning and Laundry Services (except Coin-Operated) Freight Transportation Arrangement Fresh Fruit and Vegetable Merchant Wholesalers Full-Service Restaurants General Automotive Repair General Line Grocery Merchant Wholesalers Home Health Care Services Homes for the Elderly Hotels (except Casino Hotels) and Motels Janitorial Services Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesaler Limited-Service Restaurants Linen Supply Nail Salons Offices of All Other Miscellaneous Health Practitioners Offices of Dentists Offices of Lawyers Offices of Mental Health Practitioners (except Physicians) Offices of Physical, Occupational and Speech Therapists, and Audiologi Offices of Physicians (except Mental Health Specialists) Other Chemical and Allied Products Merchant Wholesalers Other Grocery and Related Products Merchant Wholesalers Other Management Consulting Services Other Miscellaneous Durable Goods Merchant Wholesalers Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers Residential Property Managers Services for the Elderly and Persons with Disabilities Snack and Nonalcoholic Beverage Bars Supermarkets and Other Grocery (except Convenience) Stores Wholesale Trade Agents and Brokers
Change of Ownership
Existing or more than 2 years old
Loan Funds will Open Business
New Business or 2 years or less
Preferred Lenders Program
# SBA Express Program
# Startup
# Variable Rates
SBA Loan Approvals as of 6/30/25 313
SBA Loans Total Approval Amount as of 6/30/25 $223,025,500
Average SBA Loan Size as of 6/30/25 $712,542
Average SBA Loan Rate over Prime (Prime is 7%) 1.88
Bank of Hope (CA)

Unlock Your Financial Potential with Bank of Hope (CA)

Bank of Hope is the first and only super-regional Korean-American bank in the United States, headquartered in California and serving customers nationwide. It has a long history of providing personal and commercial banking services and is especially recognized for its support of small businesses through SBA loan programs.

Key Features of Bank of Hope

  • Comprehensive Business Banking: Business checking and savings accounts, merchant services, treasury management, and other tools to simplify your company’s finances.
  • SBA Loan Expertise: Bank of Hope is one of the top SBA lenders in the country, offering SBA 7(a), 504, and SBA Express loans. Its dedicated SBA Lending Division helps entrepreneurs navigate the application process and secure government-backed financing for working capital, equipment, and real estate purchases.
  • Flexible Commercial Lending: In addition to SBA loans, Bank of Hope provides commercial real estate financing, business lines of credit, term loans, and trade finance options.
  • User-Friendly Digital Tools: Robust online and mobile banking for both personal and business accounts make it easy to manage cash flow anywhere.
  • Commitment to Community: With branches across California and other major U.S. markets, Bank of Hope invests in local communities and actively supports economic-development initiatives.

Why Choose Bank of Hope for SBA Loans?

Bank of Hope stands out as one of the nation’s leading SBA lenders, consistently ranking near the top in total SBA loan volume. Its team combines deep program knowledge with a streamlined application process, competitive rates, and bilingual support to help small business owners access capital quickly and confidently.

How to Get Started

Ready to expand your business with an SBA loan or other financing option? Visit the Bank of Hope SBA Lending page to explore current offerings, review eligibility, and connect with an SBA specialist who can guide you through the process.

Empower your financial future today with Bank of Hope — where California businesses and entrepreneurs nationwide come to grow.

Industry