Let's get started!
Applying for an ACCION USA small business loan takes approximately one hour. If you have questions along the way, our customer service team is available to help at (866) 298-5628.
- Step 1: Review Basic Requirements Questionnaire
- Step 2: Review Required Documents Checklist
- Step 3: Submit your personal and financial information using our secure online loan application.
Questions during your application? Call Customer Service at 1 (866) 298-5628
Step 1: Basic Requirements questionnaire
Learn if you are ready to apply for an ACCION USA loan using the questions below. If you answer "YES" to all of the questions, please continue with the application process. If you answer "NO" to one or more questions, you will not qualify for a loan at this time.
- Do you have a credit score above 575? Click for more information about credit.
To find out if you are likely to meet this requirement: use MyFico's Credit Score Estimator for free, or obtain your actual credit score for a small fee at AnnualCreditReport.com
- Do you own three (3) or fewer properties?
- If you have a mortgage, is it a fixed-interest rate mortgage (not adjustable)?
- Are you and your business free of active bankruptcy and have been for the last 12 months?
- Are you and your business free of active foreclosure and have been for the last 24 months?
- Are you current on your mortgage and/or rent and have been for the last 12 months? Click for mortgage information.
- You are current on your personal and business bills and do not have any accounts that are past due in excess of $3000?
- Are you in an industry that does NOT involve real estate investment, multi-level marketing, adult entertainment or firearms?
If you are a start-up business*:
* We consider all businesses in operations for less than 6 months, not yet profitable, changing locations, or that are the purchasing an existing business to be start-up businesses.
- Have you invested or can you invest at least 50% of the loan amount requested?
- Do you have an alternate source of income?
- Can you provide a cosigner that has outside income?
If you answered YES to all of the questions above, press continue to go on to Step 2: Document Checklist
If you do not qualify for a loan at this time. Visit our financial education resource center or attend an online seminar for tips on improving your credit.