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- EIN 04-3219159
- (646) 833-4507
- 80 Maiden Ln Rm 903 New York NY 10038 USA
- us.accion.org
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Nonprofit Overview
Causes: Civil Rights, Economic Development, Employment, Job Training, Minority Rights, Urban & Community Economic Development
Mission: Accion empowers low-to-moderate income business owners through access to capital and financial education. With economic opportunity, these entrepreneurs-often minorities and women-can build assets, better provide for their families, create employment and strengthen their communities.
Programs: Accion east, inc. Has two primary programs, the largest of which is the provision of microloans and development services to micro-entrepreneurs (i. E. , entrepreneurs that employ five or less employees). We serve low- to moderate-income, minority, immigrant and women entrepreneurs, populations that lack access to mainstream credit sources. With financial inclusion, our clients go on to build assets, grow household incomes and create jobs for themselves and others within their local communities.
accion east is a certified community advantage lender under the u. S. Small business administration. Through this program, accion east offers small business loans ranging from $50,000 to $250,000 and technical assistance to small business owners in the eight states in which it is certified (ma, ct, ri, ny, nj, nh, ga, fl). Loans are partially guaranteed by the sba and have terms up to 10 years, providing accion the flexibility to lend to growing small businesses, without sacrificing the affordable payments that make our loans accesible to underserved businesses.
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This organization's nonprofit status may have been revoked or it may have merged with another organization or ceased operations.