Finding the money to finance a startup is one of the toughest tasks a new business owner can face. While you might have an extraordinary idea for a business, and even a solid business plan, you may not qualify for a traditional bank loan. Banks generally don’t lend money to businesses without an abundant credit history, a proven track record of at least two or three years, and/or an owner’s equity stake in the business.

Why are startup business loans so hard to come by? For one thing, lending money to startups is considered riskier than to established businesses because without evidence of a company’s ability to succeed, there’s a smaller chance the business will be able to repay the loan. However, nonprofit organization, Accion can help fund your startup business.

Odilon Celestin, founder of C&M Bakery, came to Accion for a loan. He says, “When I started creating my business in 2004, I had no money and no credit. Accion helped with a loan to launch the bakery. It was the best thing I could imagine. They helped me with business development and strategies, too. Now I have 16 employees and my own line of jellies and sauces, which I distribute in other markets as well. And my bakery seats 100 people.”

Part of Accion’s mission is to help small business owners acquire the financing they need to reach for their dreams. When Accion lends capital to your business, you will also gain access to advice and support as you get your business off the ground. We’ll even help you get “loan ready” if you aren’t already. Accion provides the type of relationship and level of service that you just won’t find with other online lenders.

Accion can help you with funding for:

  • purchasing inventory
  • buying or leasing equipment
  • professional expenses
  • hiring employees
  • financing any of the many expenses involved with being an entrepreneur


If you’re in need of financing to start your business, then contact us at 415-636-8200. Read on for more information on how to apply for a loan.

Quick FAQ About Our Loan Process

Q: How long will it take me to complete the loan application?

A: Our loan application can be completed in about 15 minutes.

Q: How much money can I borrow?

A: Loan amounts vary by geography, but range from $300-$1,000,000. Accion’s average loan amount is $10,000.

Q: What if I need help?

A: We’ll give you personalized attention and guide you through each step of the loan process. For loan inquiries, please call 415-636-8200.

Q: How do I figure out if I qualify for a loan?

A: Our requirements are flexible and often make it possible to lend to those who have previously been unable to find financing. Not sure if you qualify? Click here to find out.


More questions? Read our full FAQ or contact us at 415-636-8200. Want proof that Accion is the right lending partner for your startup? 97% of our borrowers are still in business a year after they get their loans. Apply now and turn your dream into reality.


Let's Get Started

In just 15 minutes, you can be on your way toward applying for a small business loan. Start by telling us a little about yourself.