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Microloans for Mega Impact51-200 Employees
  • B2B
  • Growth Stage
    Expanding market presence
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Accion was founded in Albuquerque, NM, USA in 1994. Since then, the organization has provided over 12,977 loans totaling more than $126.7 million to some 8,469 small businesses in 573 communities in Arizona, Colorado, Nevada, New Mexico, and Texas. Accion extended its services to existing and aspiring entrepreneurs in Nevada in 2014, and to Texas in 2015. Accion’s work is creating tangible economic impact, with an estimated 17,823 jobs created or sustained by the organization’s client businesses. Accion is dedicated to providing an essential alternative to the economic distress characteristic of many communities. By offering character-based business loans at fair market rates with quick turnaround times, Accion is bridging the “credit gap” that can prevent hardworking and visionary entrepreneurs from reaching their full potential. Accion’s clients represent the foundation of the American economy—individuals who reach deep within themselves to overcome obstacles and realize a dream of economic independence

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