#the accion difference

[accionnewsus]

Sam’s Club Giving Program Gives Accion $1.8 Million to Reach More Small Business Owners Like You

Sam’s Club Giving Program announced it’s multi-million dollar initiative to help provide capital and education to small business owners across the country. Eight non-profit organizations, including Accion will receive grants ranging from $450K to $2.5M. 

Accion’s grant will help support the “continued development and improvement of an online lending and financial education platform that will reach new groups of business owners seeking capital online.”

In addition to the non-profit grants, Sam’s Club Giving Program’s Small Business Economic Mobility initiative will also give the Opportunity Finance Network (OFN) a $3.6 million grant to educate borrowers and increase awareness about predatory lenders.

Accion and Sam’s Club share the belief that business owners who search for capital online should have options that are appropriately and transparently priced to help them achieve business health and growth. To support this belief, Accion provides business owners with personalized education and support that many need to wisely invest capital and plan for the future. Many business owners benefit from educational resources and training on how to effectively run a business, strengthen their operations, and make smart investments. Our partnership with Sam’s Club allows supports this effort to reach more small business owners.

Accion is proud to be part of the Sam’s Club Giving Program, a program committed to providing access to economic opportunities for all individuals.   “Small business owners have always played an essential role in our economy,” says Gina Harman, CEO of the Accion US Network. “...However, many small business owners often struggle to create upward economic mobility for themselves and their families. That's why it's critical for organizations like Accion to support them with the loans and financial and business know-how needed to create businesses that thrive. The support of Sam’s Club has been integral in allowing us to deepen our reach into the small business community through innovative outreach and technology.”

[accionnewmexico-blog]

SKY’S THE LIMIT

700 Jobs. That’s the sustained impact of Accion’s investment in entrepreneurs in Albuquerque alone last year. Lending over $12 million to small business owners across the region, Accion is not only helping individuals acquire capital, but also helping them build a strong business.

Anne Haines, the regional CEO, credits community partnerships and client referrals for the swift growth in Accion loans in the region. With Accion, you receive more than just a loan, you receive support and resources from the community.

With this expansion the New Mexico headquartered region now offers loan limits up to $1 million dollars, recognizing the need for larger investments. These loans fund businesses from tech start-ups to healthcare entities.

Furthering the Accion US Network mission of supporting underserved small business owners, the New Mexico headquarters reports that 53% of its borrowers are considered low to moderate income. Not only providing loans for individuals, but also providing targeted educational resources, Accion sets itself apart from other lenders in the area.

The increase in loans across the region and network is great news for those seeking to start or expand businesses across the country. Want to be a part of the circle?

Apply today.

[accioncolorado]

SKY’S THE LIMIT

700 Jobs. That’s the sustained impact of Accion’s investment in entrepreneurs in Albuquerque alone last year. Lending over $12 million to small business owners across the region, Accion is not only helping individuals acquire capital, but also helping them build a strong business.

Anne Haines, the regional CEO, credits community partnerships and client referrals for the swift growth in Accion loans in the region. With Accion, you receive more than just a loan, you receive support and resources from the community.

With this expansion the New Mexico headquartered region now offers loan limits up to $1 million dollars, recognizing the need for larger investments. These loans fund businesses from tech start-ups to healthcare entities.

Furthering the Accion US Network mission of supporting underserved small business owners, the New Mexico headquarters reports that 53% of its borrowers are considered low to moderate income. Not only providing loans for individuals, but also providing targeted educational resources, Accion sets itself apart from other lenders in the area.

The increase in loans across the region and network is great news for those seeking to start or expand businesses across the country. Want to be a part of the circle?

Apply today.