Accion Opportunity Fund offers small business loans between $5,000 and $100,000. To qualify for an Accion loan, your business must be at least three months old. It will also look at your credit, business revenue, expenses and other factors to determine your business’s viability.
If you qualify for a loan, you’ll have the option to choose from loans with different repayment terms, monthly payments and interest rate options. If Accion can’t approve you for a loan, it will refer you to its partner lenders or provide other resources.
In addition to loans, Accion provides one-on-one business coaching, mentoring opportunities and leadership training programs in both English and Spanish. Its business resource library also shares articles, videos and interactive lessons on managing loans, marketing and other information about growing your business.
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