Where is Accion based?
Cambridge, Massachusetts
To-date, it has more than 110 partners in 50 countries. Accion is headquartered in Cambridge, Massachusetts, and also has offices in Washington, D.C.; Bogota, Colombia; Mumbai, India; and Beijing, China. Accion works across Latin America and the Caribbean, Africa, the Middle East and Asia.
How do you get approved for an Accion loan?
In general, to qualify for a loan you must:
- Have a credit score of 525 or higher or no credit score.
- Have sufficient cash flow to support monthly loan payments.
- Have not declared bankruptcy in the past 12 months or foreclosure in the past 24 months (This requirement is flexible for loans under $2,500)
How long has Accion been around?
1960s. Accion was founded in 1961 by a UC Berkeley law student. We began with hands-on work in Latin America; the first group of 30 Americans worked in urban centers around Venezuela.
How long has Accion been in business?
Accion was founded in 1961 by a UC Berkeley law student named Joseph Blatchford. A bold and charismatic young man, he was fresh off a goodwill tennis and jazz tour of 30 cities in Latin America when he began to wonder how young Americans might better serve the causes of both global understanding and democracy.
Is there a minimum credit score for Accion?
Most of Accion’s loan types require a minimum credit score of 575 or higher. Consequently, Accion is not an option for businesses that might have struggled in the past and damaged their credit. They also take into consideration all past due debt and any bankruptcies.
How many borrowers has Accion Lent?
Accion’s advisory services reached 8.3 million clients around the world.
How much money has Accion Lent?
Since 1991, Accion’s five members—including Accion East and Online, Accion Texas, Accion Chicago, Accion San Diego, and Accion New Mexico • Arizona • Colorado—have collectively loaned over $380 million through 47,700 loans.
How do I qualify for an Accion loan?
Does Accion check your credit score?
What is the max amount you can borrow from Accion?
Accion offers loans from a low $5,000 to $100,000. Its terms range anywhere from 12 months to 5 years, and you can expect an APR up to 25.99%.
Does Accion do credit check?
Does Accion do credit checks?
What is the maximum amount you can borrow Accion?
What is Accion?
What is Accion? Our People News & Events Our Board of Directors Accion Financials Careers In the U.S., Accion Opportunity Fund creates economic opportunity by connecting small business owners to affordable capital and the business support they need to create and grow healthy enterprises and contribute to thriving local economies.
How do I contact Accion?
What is Accion? Our People News & Events Our Board of Directors Accion Financials Careers For questions or help applying for a small business loan: Tel: +1 888.720.3215
Where can I find Accion in Beijing?
Beijing, China. Accion (Beijing) Consultation Services Co., Ltd. Floor 15-122. No. 8 Xiaoyunli. Chaoyang district, Beijing. Tel: +86 1 058208757. Fax: +86 1 059208830.
Why choose propulsion by Accion?
Propulsion has too. At Accion, we reinvented propulsion for New Space, and created a more efficient ion thruster: the Tiled Ionic Liquid Electrospray (TILE) engine. Propulsion and attitude control small enough for CubeSats, and flexible enough for larger satellites. Extend your mission with more thrust for your power budget.