Fifth Third Bank
Accion has a long-standing relationship with Fifth Third Bank, which we recently expanded from Chicago to new markets across the country, including Florida, Indiana, Michigan and Ohio.
Together, Fifth Third and Accion help connect business owners with vital capital; provide one-on-one coaching during the loan application process to help entrepreneurs make smart decisions for their business and personal financial health; and develop digital education resources, including articles and webinars, on topics related to the greatest challenges facing business owners across the U.S.
Fifth Third is committed to supporting small businesses at every step of their growth journey
“Whether it is through providing financing or connecting business leaders with community resources like Accion, Fifth Third is committed to supporting small businesses at every step of their growth journey,” said Kala Gibson, head of Business Banking for Fifth Third Bank.
Our partnership is part of Fifth Third Bank’s five year, $30 billion Community Commitment, which includes $10 billion for small businesses lending, product innovation and enhanced underwriting and fulfillment.
Accion is proud to have Fifth Third as a referral partner, allowing us to help business owners like Toby Beall, owner of Tailwinds Distilling in Plainfield, Illinois. When Toby’s Fifth Third banker determined he would be best served by Accion for capital to grow his business, we provided a $15,000 loan to purchase new equipment. “Working with Accion was such a breath of fresh air,” Mr. Beall said. “They knew exactly what we needed and it was so refreshing to work with an organization that understood where we were coming from as a small business.”