WHO IS ACCION?
About the Accion U.S. Network
As the largest and only nationwide nonprofit micro- and small business lending network in the United States, Accion connects small business owners with the financing and support it takes to create or grow healthy businesses. We stand behind every small business owner as they achieve success, so that businesses—and entire communities—see real and lasting impact.
At Accion, business owners find a one-on-one lending approach that considers character and other business strengths in addition to credit history. Business owners looking to start or grow receive accessible loans that are both fairly priced and flexible.
As a microfinance leader and part of a global organization (www.accion.org), we’re working towards a financially inclusive world where all businesses can access the tools they need to achieve higher success. We’re champions for small business owners, thought leaders for economic growth, and a force for change in local communities.
The Accion U.S. Network unites four independent organizations to form the largest microfinance and small business-lending network in the United States. Together, they provide one-third of domestic microfinance loans, reaching entrepreneurs across 49 states from California to New York.
Loan Products and Services
At Accion, businesses find a nationwide microlender with deep local roots and a partner they can count on for the loans and guidance it takes to build thriving businesses. Here’s why businesses choose to work with Accion:
Business owners find that Accion staff go the extra mile throughout the loan process and are committed to friendly, excellent customer service. Accion loans are fairly-priced loans and accessible. We offer loans starting from $300 and lend up to $1,000,000 so that a wide range of businesses can work with us. Business owners can take their goals to the next level with individualized counseling, in-general business strategy to credit repair and cash flow management. With Accion, business owners uncover new opportunities for growth by forging valuable connections with peers, local banks, and community organizations, providing new opportunities for growth.
Key Impact Indicators
Members of Accion’s U.S. Network have collectively made more than 57,000 loans, totaling nearly $500 million. Additionally, over 400,000 businesses across the nation have turned to Accion for financial and business advice via workshops, online tools, and one-on-one consultations. Globally, Accion is a pioneer in microfinance, reaching millions of individuals through its international network of partners.
These loans have helped numerous entrepreneurs, from restaurateurs to brewers to soap makers, pursue their passions and make their dreams a reality. We are further pleased to announce that we have a 95% loan repayment rate, demonstrating the commitment clients have towards bettering their businesses and creating lasting economic stability.