FUNDING RESOURCE: Accion Opportunity Fund

SOURCE: aofund.org



The Accion Opportunity Fund offers loans in a range of sizes through our lending arm, Opportunity Fund,¹ as well as educational resources, coaching, and support networks in English and Spanish.


Loan amounts: $5,000 - $100,000

Affordable capital, with transparent terms and no prepayment penalty.


Interest rates as low as 5.99% We can offer you different rates that vary based on which repayment plan you prefer.


Programs & Coaching

More than just loans –– We also provide educational resources, coaching, and access to support networks.


TO APPLY: https://aofund.org/small-business-loans/



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American Express and Accion Opportunity Fund Partner to Propel Small Business Growth American Express will provide a $40 million investment to Accion Opportunity Fund, representing the nonprofit’s largest investment to date. Loans from Accion Opportunity Fund offer much-needed capital to historically underfunded small business owners, including people of color, women and immigrants.


“Investing responsibly in the nation’s small businesses is essential to building a more equitable society. This program combines access to capital and expert advising to support small businesses that are in a strong position to rebuild and grow in 2021 and beyond. We’re looking to lift up those who have been overlooked and underfunded for far too long,” said Luz Urrutia, CEO, Accion Opportunity Fund. “Together with American Express we’re working to accelerate progress towards an inclusive financial system.”


READ MORE:

https://aofund.org/news/american-express-and-accion-opportunity-fund-partner-to-propel-small-business-growth/