Available in Arizona, Colorado, Nevada, New Mexico and Texas.
For small business owners who need money quickly to start or grow their business, we offer Transportation Loans from $20,000 to $100,000+. Get a small loan from a lender that wants your business to succeed just as much as you do. Our Transportation Loan is great for starting a trucking business or obtaining cash for new equipment. We work with startups and established business owners and offer fixed rates starting at 9 percent.
To qualify for a business term loan you must:
- Be at least 18 years of age.
- Have a minimum FICO Score of 600.
- No bankruptcies or foreclosures in the past 12 months.
- Have a minimum down payment of 10 percent.
- Have proof of income.
- Additional criteria may apply.
If you don’t meet these basic requirements, we encourage you to check back after you’ve had a chance to strengthen your application. Or, if you have any questions, contact us at (800) 508-7624.
Accion is an award winning nonprofit organization dedicated to providing the tools entrepreneurs need to operate, grow or start their business. We pride ourselves on creating a community of support that not only increases access to business credit and makes loans, but also provides training to help entrepreneurs realize their dreams. Through consultations, loan closings and site-visits Accion’s team equips entrepreneurs with the knowledge, tools and confidence to build a strong business platform for a more secure future.