Accion is a nonprofit community lender dedicated to helping entrepreneurs generate income, build assets, create jobs and achieve financial success through business ownership. Our network serves small businesses in communities across the U.S. and is made up of four certified Community Development Financial Institutions (CDFIs).

Our approach sets us apart: We work hand-in-hand with entrepreneurs to overcome every obstacle standing between them and their dream of owning a thriving business. Every Accion client has a different background, experience and skills. Many need help to establish their business before qualifying for a bank loan. All need a partner who believes in them. Accion helps every client turn their ambition into opportunity. The small business lending landscape is changing fast and Accion brings the latest solutions to entrepreneurs. We measure our success by the success of the small businesses we serve, and evaluate our efforts through research and evaluation.

Loan Features

Accion’s relationships go far beyond disbursement and repayment. We offer repayment terms right for each business and personalized service from lending experts. Every business we serve supports about 3.3 jobs, and in 2016, our clients contributed over $250 million in wages to local economies. We have helped our clients create or maintain over 200,000 jobs.

Accion’s diverse team of lending officers has expertise helping new and seasoned entrepreneurs from various backgrounds and in a wide variety of industries. Each loan is designed to meet the unique needs of your business. If you’re looking for a lender who will take the time to get to know your business’s unique strengths and opportunities, Accion is the lender for you.

Loans for Women-Owned Businesses
Loans for Minority-Owned Businesses
Loans for Food and Beverage Businesses
Loans for Startup Businesses
Loans for Small Businesses
Loans for Veteran-Owned Businesses
Business Loans for People with Disabilities
Loans for Green Businesses

You cannot borrow from Accion in the US if your business is involved in a few select industries that include: Real estate, Mortgage brokerages, Adult entertainment, Drug paraphernalia, Weight-loss products that aren’t FDA-approved, Firearms, Currency exchange, Precious metal sale, Gambling, lotteries or raffles, Pyramid schemes. Lending institutions, nonprofits, development companies and collection agencies also won’t qualify for an Accion business loan.

Application Process

Once you submit your online application, we’ll be in touch within 2 business days to let you know if you’re a good fit for Accion. If you are, you’ll be put in touch with a lending team member who will work with you one-on-one to assemble the strongest loan application possible. This will include documentation to confirm some of the information submitted in your application, as well as some other documents to help us understand your specific business situation as best we can.

If you don’t qualify for a loan with us at this time, we’ll give you the information you need to improve your business and financial situation so that you have an improved chance of qualifying on your next application. Typically, you’ll be eligible to reapply in three to six months.

Repayment Terms

Min Loan Amount $500
Max. Loan Amount $250,000
Min APR From 8–22%
Minimum Loan Term 5 year
Maximum Loan Term 5 years

Customer Support

(866) 245-0783

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