Had a great time meeting local businesses and friendly faces at Mercantil Commercebank!
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🩵 avery cochrane 🩵

roma★
PUT YOUR BEARD IN MY MOUTH

❣ Chile in a Photography ❣
Aqua Utopia|海の底で記憶を紡ぐ

shark vs the universe
taylor price

blake kathryn
almost home
Cosmic Funnies
Lint Roller? I Barely Know Her
todays bird

oozey mess
YOU ARE THE REASON
occasionally subtle
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Jimmy Eat World
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"I'm Dorothy Gale from Kansas"

seen from T1
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@accionmiami-blog
Had a great time meeting local businesses and friendly faces at Mercantil Commercebank!
Go Green and Get a Grant!
The City of North Miami is providing a $5,000 grant to help small businesses retro-fit their existing operations with the intent to reduce overhead energy costs, greenhouse emissions and promote climate-change awareness. If you are a business located within the City of North Miami and have been in existence for 2 years, visit the city’s website to apply.
Where Dad and Fashion Meet
When Debra was 11 years old she needed a new outfit for a dance. Unlike most 11 year olds, she did not want to pick something out from the store—she wanted to design something of her own. Debra went to the fabric store to pick her own materials and then to a seamstress to get a custom-made outfit. This childhood experience made a lasting impact on Debra and she began studying under a seamstress.
However, she soon learned that she was more interested in the design aspect than the actual sewing. Growing up, Debra’s exposure to fashion was Vogue and Harper’s Bazaar magazines, and while she loved fashion, she had a limited conception of what it meant to pursue it as a career.
With support from both her parents, Debra went to college and studied journalism, hoping to someday write pieces for magazines like her old favorites. However, as she continued her education, she became interested in pursuing other avenues of the fashion industry. In the back of her mind, there was an idea that kept nagging at her- she wanted to be a designer.
Conflicted between her studies in journalism and her desire to design clothing, Debra was at a crossroads. She turned to her father for advice. He was a man of few words, but always told her how important it was to stay true to herself and follow her own path. “He has allowed me to discover my freedom and for that I am eternally grateful.”
Feeling more confident in her dreams, she began designing. Just like when she was a girl, she had a vision for an original type of clothing to produce. She wanted to go back to her roots and design clothing with ties to her native Cuba. Specifically, she was drawn to the guayabera shirt. “The guayabera is the most iconic garment in Latin culture. It’s a symbol, like no other, of Latin elegance,” Debra says with beaming pride.
Debra recently relocated to Miami, and is working to grow her business in a new location while still maintaining a base in New York. She took out an Accion loan with plans to expand the focus of her designs to include women’s evening wear. The loan has helped Debra kick-start her expansion and create samples.
As successful as her business has been, Debra acknowledges that being a small business owner is far from easy. It is very hard work, she says, but when you have a dream—something you are so interested in that it won’t leave your mind—you have to follow up on it. And even with all the challenges, there are also little gems. “To see other people wearing your designs,” Debra says, “that is what designers live for!” When Debra reflects on her journey, she is thankful for her parents’ encouragement and her father’s advice. This Father’s Day, Debra told us, “My dad is absolutely my hero.”
You can buy your Dad a guayabera shirt or other products from Accion borrowers here.
MDC Small Business Education Program
On May 30th, we attended the Miami Dade College Small Business Education Program’s Business Expo. The event kicked off with a panel discussion on the challenges facing business owners. Panelists included local Miami business owners such as Brian Brackeen of Kairos, Ray Casas of Wragg & Casas Public Relations, Monique Font Delacroix of The Empanada Lady and was moderated by Heradio Luces of Dualis Consulting Corp and HBIF provider.
We’re thrilled to be a part of the Small Business Education Program/Grow Miami Initiative. The program offers seminars, individual mentoring and roundtable discussions to business owners in Miami Dade County. To learn more and apply visit http://www.mdc.edu/main/smallbusiness/abouttheprogram/.
Thanks to the Citi Foundation for their support of this event and the Small Business Education Program.
Our favorite afternoon treat? Misha’s Cupcakes. They started up in Coral Gables and now have four locations across South Florida.
Our Top Credit and Financing Tips
At Accion, our team is always listening to what small business owners need in order to start or grow. And, we consistently hear that loans and business financing are a top concern. This year, we’ve been working hard to develop the best advice to help your business get a loan or just get more financially fit. Here are our top tips:
Borrower’s Checklist: a step-by-step tool to help you prepare to take on business financing
How to Read a Credit Report: This is the article features easy-to-read graphics that outline the how-to of reading a credit report from each of the three different bureaus
The Alternative Lending Landscape: Learn about today’s borrowing options, from merchant cash advances to micro loans, from a fun to read infographic.
Business vs. Personal Credit: Learn why it’s important to focus on both business and personal credit when seeking a loan
Thanks to our supporters at the Sam’s Club Giving Program for helping to make articles like these possible for our small business owners!
Calling all entrepreneurs – Mission Main Street, an initiative of Chase, is offering your small business the chance to win one of twenty grants to start or grow. We would love to see as many Accion entrepreneurs in the running as possible - so get your entries in today. Please get in touch with us if you decide to enter so we can help promote your business, too!
What Makes Miami?
When you think of Miami, you might picture beautiful tourists on South Beach, artists exhibiting fresh works at Art Basel, or elderly gentleman playing chess in Little Havana. It's people and local businesses that make Miami's community come alive. And it's partners like JPMorgan Chase who help us bring those businesses to life.
Local business owners - Leticia of Panther Coffee & Amaris of South Street.
Last night we attended a reception with Chase and their community partners at Panther Coffee in South Beach. Panther Coffee is one example of a business that has been helped by Chase - they were able to purchase their new commercial space with a real estate loan from Chase. Read more about Panther Coffee's story.
Fabiana and Kris from Accion with partner David from Chase (right).
We're proud to be a partner with Chase. Not only have they offered financial support to our microlending programs, but their small business banking team goes above and beyond to help business owners find affordable financing.
Carlos of Titan Paddles (left) who won the Chase Mission Main Street Grant last year with Kris from Accion (center) and David from Chase(right).
Chase also offers support directly to small businesses through Mission Main Street Grants, which gives a total of $2 Million dollars in grants to 20 small businesses around the country. Interested in the program? Apply by June 5, 2015.
National ##SmallBiz Week starts today. RT in support of local small businesses!… http://t.co/73afN6v6FE: National ##SmallBiz Week starts today. RT in support of local small businesses!… http://t.co/73afN6v6FE http://dlvr.it/9gK7jJ
Grow Your Business with Goldman Sachs
Goldman Sachs 10,000 Small Businesses is a business education program that teaches entrepreneurs valuable skills for growing their businesses, the opportunity to access financial capital, powerful networking opportunities and more, at absolutely no cost to participants.
Interested in the program? Listen, learn, and ask questions about how Goldman Sachs 10,000 Small Businesses at Miami Dade College can help you take your businesses to the next level. Sign up for an information session.
From the Banana Capital to the Capital of the Americas
Santiago is always moving forward. He grew up between the ocean and the Ecuadorean Andes in the city of Machala—a place affectionately referred to as The Banana Capital of the World. Santiago spent his youth changing jobs, always looking to better himself. This adventurous spirit led him to New York City 25 years ago.
Life in the Big Apple wasn’t everything he had anticipated. Santiago lived with his sister as he struggled to find work. His rudimentary English restricted his options. He felt stuck, but never lost his forward trajectory.
“I made friends with an electrician who taught me the trade,” reminisced Santiago. “I also taught myself plumbing, landscaping and sanitation.”
Santiago joined his friend in providing handyman services for residential buildings. Around this time, he also met Bethsy. They fell in love and got married. It seemed like Santiago was finally ready to lay down roots. But nostalgia tugged at Santiago in the midst of cold and busy New York City. He longed for the familiarity of Ecuador, but knew he wasn’t ready to move back. Santiago decided to make yet another move.
“I visited my sister who was studying in Miami. The weather and the culture reminded me of home. I really saw myself living there,” Santiago said.
This time, Santiago was more prepared. He used his wealth of skills to launch his own business—Maintenance Solutions. His business provides maintenance, janitorial, and renovation services to apartment complexes. People noticed his skills. His business grew through word of mouth to service more and more complexes. With the increased demand, Santiago needed to invest in hiring employees and equipment to serve more complexes. The catch? He needed money to do so. Though Santiago’s business was strong, he had a limited credit history.
“No one wanted to invest in this type of business,” he observed.
Santiago's friend told him about Accion, where he worked with a loan officer to paint a full picture of his finances. Accion provided Santiago with the financing he needed to build his credit and invest in his business so he could meet the growing demand for his services.
Santiago has learned a lot of lessons over the years, and faces challenges with the same sense of adventure he displayed in his youth. And while he has settled his roots for the time being, he dreams of one day returning to Ecuador.
“I’ve learned so many skills in this country that I hope to one day share with people back home.”
HELP US #SHARETHEPROFIT
Economies grow by standing on the shoulders of small businesses – but you probably know that already. What you might not know is that T.V. network CNBC thinks so, too.
We’re honored to announce that CNBC’s reality show, The Profit, which offers struggling small businesses around the United States capital and expertise, has selected Accion to be the recipient of their very first #ShareTheProfit campaign. This means that every time anyone shares campaign posts from @accion_US or @theprofitCNBC, Accion will earn $1, up to $100,000.
Will you help us reach that goal?
Share on Facebook
Share on Twitter
Every Tweet or post counts, so please join us in supporting small businesses and economies everywhere!
Financial Literacy Month
Today we joined the Financial Education Fair hosted by our friends at the Mexican Consulate. It was a pleasure to be able to speak with many different individuals about business loans and building credit!
Lunch Break: Grab an Empanada
When noon hits, the Miami team shuffles across Coral Way to grab an empanada and cafe con leche with one of our favorite local businesses - Alameda Gourmet Cafe. This authentic Argentinean restaurant always hits the spot for us!
Partnering with Chase to Help Small Business in Miami
Accion works closely with Chase bankers, who often refer clients that don't yet qualify for traditional financing. "About one-third of our loans are a result of Chase referrals," says Fabiana Estrada, Manager of Lending for South Florida. "These bankers stay involved after the referral, which often leads to a relationship down the line once the business gets off the ground."
Read more about how we are partnering with Chase to help small business in Miami.
Pairing Beer with Business Advice
Thanks to everyone who came out to the Samuel Adams Brewing the American Dream Speed Coaching event last night!
Nothing beats pairing local food, Samuel Adams Beer and expert business advice. The old English Pub inside of Gold Coast Beverage Distributors provided the perfect setting for the occasion. Local food vendors demonstrated Miami’s unique culinary scene. La Licuadora served delicious empanadas while Rock That Burger provided the classic hamburger staple. The Snack Place brought coconut flavored ice cream sandwiches, ensuring there was a tropical flavor in the mix.
Coaches from Samuel Adams lent their expertise in sales and marketing. In addition, we had partners from Chase, Bank of America, TD Bank, Branches Florida and HBIF to help coach in the areas of business planning, financing and management. Two Accion clients served as legal and business development coaches - Annette from Global Business Development Center and Yoel Molina, attorney.
Thank you to all our friends and partners who made the event a success. We hope to see you again next year!
View all pictures from the event.
A Special Program for South Florida’s Children
Business, gymnastics, and psychology – these may seem an unusual combination of interests. For Lauren, they are her three passions in life. They are also the inspirations behind LEAP South Florida.
Lauren has been a gymnast and coach for over 15 years. Her work is rigorous and unique. She works with special needs clients, providing them the opportunity to build athletic skills. Lauren started her own business, LEAP South Florida. LEAP uses a comprehensive approach to athletics combining behavioral, cognitive, emotional, and social development. Her clients, mostly children, enjoy both one-on-one sessions as well as group training.
Lauren tailors her approach to a wide spectrum of clients - including those with Attention Deficit Disorder, Autism and Down syndrome. Lauren has developed an athletic training program to increase her clients’ balance, flexibility, motor skills – and most importantly – their self-confidence.
“They learn to focus, to improve their critical thinking, and better handle their emotions. Things that are at the core group sports,” explained Lauren. Lauren rents out space at a local gym for group trainings. The number of clients she services has increased, but so has her demand for space.
Lauren approached a business banker at Bank of America to request a loan to buy advanced equipment. Her banker recognized her as a perfect fit for Accion and put her in touch with an Accion Loan Consultant. After working with the loan consultant on an application for financing, Lauren received a loan from Accion.
Thanks to Bank of America and Accion, Lauren will be able to invest in better equipment and continue making a difference in the lives of the clients she works with.