1. Rural LISC Annual Seminar XXV Economic Development 201: Small Business Development

2. Creating opportunity where it is needed most. Arkansas Louisiana Mississippi Tennessee Overview Hope Enterprise Corporation -Not-for Profit 501(c) 3 -Loan Fund -Policy Institute -Community Development Intermediary -CDFI & CDE Hope Credit Union -Federally Chartered, Insured CU -CDFI & CDE -Member-owned Primary sponsor Mission: Strengthen communities, build assets and improve lives in economically distressed areas in the Mid South by providing access to affordable, high-quality financial products and related services.

3. HOPE – Small Business Lending Impact Q1 2016 Creating opportunity where it is needed most. Arkansas Louisiana Mississippi Tennessee

4. Small Business Lending Challenges – Rural Areas Collateral Shortfalls Declining Customer Base / Higher Transportation Costs Poor Credit History Lack of / poor financial record keeping

5. Creating opportunity where it is needed most. Arkansas Louisiana Mississippi Tennessee HOPE Best Practices Use of public guarantee programs Requirement for detailed marketing and distribution plans Financial Technical Assistance

6. Creating opportunity where it is needed most. Arkansas Louisiana Mississippi Tennessee Credit Enhancement Programs Loan Guarantee Programs SBA Community Advantage Program USDA Community Facility Program State Programs LA Small Business Loan and Guaranty Program

7. Creating opportunity where it is needed most. Arkansas Louisiana Mississippi Tennessee CDFI Fund Programs Financial Assistance Healthy Food Financing Initiative New Markets Tax Credit Capital Magnet Fund

8. Creating opportunity where it is needed most. Arkansas Louisiana Mississippi Tennessee HOPE Projects Delta Memorial Hospital Dumas, AR Sea Ark Boats Monticello, AR

9. Creating opportunity where it is needed most. Arkansas Louisiana Mississippi Tennessee HOPE Projects Carpenter Estates Cleveland, MS Delta Fuel Ferriday, LA

10. Creating opportunity where it is needed most. Arkansas Louisiana Mississippi Tennessee Contact Alan Branson EVP Chief Operations Officer Hope Enterprise Corporation / Hope Credit Union 4 Old River Pl Jackson, MS 39202 Alan.Branson@hope-ec.org www.hope-ec.org