Accion try a great nonbank lender in addition to just nonprofit providers with the this list of option financial institutions. They specializes in microlending and you can is targeted on smaller businesses. Accion brings financing using their Chance Fund and you may tailors capital words to the requires off personal businesses.
At the same time, there aren’t any prepayment charges, and you can Accion also provides lessons and you will use of an assist network. The applying requires around ten minutes to complete and requires company citizens to go into revenue and you can expenses using their tax statements yourself.
- Organization should be in operation for at least one year.
- Manager need to own at the very least 20% of organization. (more…)