AOF, Community Development Financial Institution (or CDFI) is a mission-driven financial institution or lender that seeks to create economic opportunity for individuals and small businesses in under-resourced communities.  We offer financial education, business coaching, and low-interest-rate loans that help increase your economic development potential. 

What differentiates AOF from traditional lending institutions: 

• AOF is a nonprofit: AOF is FDIC-insured and is organized much like traditional banks, but we devote at least 60% of our total lending and other services to benefit low-income communities.  
• AOF does not judge by credit score alone: Instead of relying exclusively on credit scores, AOF assesses your business plan, character, background, payment history, and a range of other criteria to determine your creditworthiness.  
• AOF provides additional support: In addition to loans and funding, AOF offers support services to small businesses. This can come in the form of business coaching, mentoring, and access to networks and resources.

• Loans between $5,000 – $250,000  
• Interest rates starting at 8.49%  
• Transparent and flexible terms of either 12, 24, 36, or 60 months   
• No prepayment penalties  

• >600 Credit Score  
• $50k or more in annual revenue  
• One year or more in business 
• You own 20% or more of the business 
• Located all U.S. states except: MT, ND, SD, TN, VT, D.C  

• Business Tax Return 
• Personal Tax Return 
• 3 most recent business bank statements or Plaid linked 
• Government ID (front and back) – ITINS accepted 
• If loan is $50k or above, UCC Filing will be required. 

We’ll give you a quote in just 15 minutes without impacting your credit score. Once offers are presented, you will be able to choose which option works best for you. Offers will have different term lengths, monthly repayment options, and interest rates.  

 See a video here that takes you through the process step by step:

We are very fast to reply to business owners at every step of the process. Someone who is prepared with their documents can get their loan funded within two weeks. 

• AOF working capital loans can be used to purchase equipment and inventory, hire new staff, advertise, and grow your business.   
• The loan can even be used to refinance expensive debt that was previously taken out.

La Cosecha link

At Accion Opportunity Fund, we pride ourselves in going above and beyond for small business owners. We will take into consideration the amount you’ve asked for in your application and, if possible, try to fund the full amount. If we’re unable to do so, we will let you know how much we are able to offer and with what repayment terms. 

Prequalification offers and final approvals are valid for 30 days. We want small business owners to feel comfortable and confident with their loan terms and agreement. Please contact us for clarity or with any questions that might arise while considering the offer. If a prequalified offer or final approval hasn’t been accepted within 30 days, we’ll encourage small business owners to reapply and submit updated documents. 

In addition to small business loans, we offer several additional services: 

• Business Resource Library: More than a million people every year leverage our business resource library, with thousands of articles, webinars, and guides in Spanish and English. 
• Business advising: Accion Opportunity Fund’s business advising services include business coaching, free mentoring, access to local business networks, and a comprehensive business resource library that includes blog posts, tools, and webinars. 
• Free business coaching: Our expert business coaches are here to support you with free coaching sessions that you can sign up for online.