Dedicated to providing the tools entrepreneurs need to operate, grow, or start their business, Accion offers small business loans ranging from $1,000 to $1 million, along with support services, including credit reporting, business counseling, and business resource events.
Since inception, Accion has issued more than 13,128 loans totaling $128.6 million to 8,572 small businesses in Arizona, Colorado, Nevada, New Mexico, and Texas. Accion’s client businesses have created or sustained 18,080 jobs. Accion serves a target market of underserved entrepreneurs who face systemic barriers to accessing credit. Each year, approximately 89 percent of our clients are low-to-moderate-income, minority, and/or women entrepreneurs.
Year(s) Awarded: 2018