Accion helps neighborhood entrepreneurs grow. We provide the capital, coaching, and connections small business owners need to create wealth and jobs throughout Illinois and Indiana. By partnering with entrepreneurs, Accion offers the most cost-effective way to invest in underserved communities. Where small businesses thrive, jobs are created, and investment into the community increases.
Accion offers small business loans between $500 and $100,000 to qualified borrowers, filling a gap in the credit market traditional lenders do not serve. We provide free coaching to every entrepreneur we meet, and we connect small business owners to other service providers as needed. We build trusted relationships in the neighborhoods we serve by working closely with partners who want to create opportunities for wealth and jobs within their communities.
Accion is more than a lender. As a mission-driven organization we do not profit from the loans we make. Any revenue generated from the financing we provide is reinvested into our programs. And because we are a nonprofit, we are able to work nimbly with customers who have limited collateral, smaller loan requests, or damaged credit.
We are a certified Community Development Financial Institution (CDFI), an SBA Microlending Intermediary, and an SBA Community Advantage lender.
"Accion is like the hardware department in Sears. You get the right tool when you need it, and there's a lifetime warranty."
— Booker T Jones, Insatiable Nyghts | Gary, IN
About Accion in the U.S.
Accion creates economic opportunity by partnering with small business owners to provide access to capital and the business support they need to create and grow healthy enterprises, while contributing to thriving local economies. We are a nationwide network of mission-based lenders combining deep local knowledge with cutting-edge lending solutions and unmatched personalized advising to fuel growth in underserved communities across the U.S. Our work is directed through the efforts of four, independent, regional community development financial institutions (CDFIs) and a national office that invests in innovation, technology and information sharing for the benefit of the entire network. Globally, Accion combines decades of on-the-ground experience with insights into emerging technologies to create higher-quality, faster, better, cheaper and safer ways to meet the financial needs of the poor and underserved. For more than 50 years, Accion has helped tens of millions of people through its work with more than 90 microfinance and fintech partners in 40 countries.