What’s possible with Accessity?
Wherever you are in your business journey, we believe in meeting you there. You’ve invested so much and may have overcome adversities along the way, and we value that. Accessity’s lending takes into consideration factors that traditional banks may not consider so you can launch or grow your business successfully and increase your income, build wealth, create jobs, and make our local communities thrive.
Funding solutions to meet your business needs
Loan Program for Start-up and Expanding Businesses – $25K AND UNDER
Term loans for start-up or growing businesses
$300 – $25,000
Loan Program for Start-up and Expanding Businesses – UNDER $25K
Product Details
- From $300 to $25,000 term loans for startup or growing businesses
- 8.99% – 14.99% fixed, simple interest (1% discount for veterans and active-duty military)
- No prepayment penalties and no application fees
- Low documentation: do not need 2023 financial statements or a business plan for start-ups
- Terms from 12 – 48 months
- NO UPFRONT EXPENSES: Closing costs financed into the loan:
- <$5,000: $95 max on average
- >$5,000: approximately 6.5% of loan amount
- *$100 off for veterans, active duty
Start-up and Expansion Loan Eligibility Requirements
- Must be current on all personal financial obligations
- Live/work in Southern California
- Use the proceeds of the loan for your business
- Be at least 18 years of age and demonstrate good character
- Business must be a legal entity
Loan Program for Start-up and Expanding Businesses – OVER $25K
Term loans for start-up or growing businesses
$25,001 – $100,000
Loan Program for Start-up and Expanding Businesses
- From $25,001 to $100,000 term loans for startup or growing businesses
- 8.99% – 14.99% fixed, simple interest (1% discount for veterans and active duty military)
- No prepayment penalties and no application fees
- Terms from 12 – 84 months
- NO UPFRONT EXPENSES: Closing costs are financed into the loan:
- >$5,000: approximately 6.5% of loan amount
- *$100 off for veterans, active duty
- >$5,000: approximately 6.5% of loan amount
Start-up and Expansion Loan Eligibility Requirements
- Must be current on all personal financial obligations
- Live/work in Southern California
- Use the proceeds of the loan for your business
- Be at least 18 years of age and demonstrate good character
- Business must be a legal entity
Emerge Program
This program is funded by the U.S. Department of the Treasury’s CDFI Fund Equitable Recovery Program and is designed to reach communities disproportionately impacted by the COVID-19 pandemic.
$2,000 – $50,000
Loans primarily for business owners like you
Start-up
Loans for start-up businesses
Getting a loan to launch your business or within the first two years of operation is near impossible from a traditional bank or lender. Each year, a third of our loans on average go to start-up businesses. Along with an Accessity start-up loan, you will also gain access to guidance and support as you get your business off the ground. We want to help make your dream of owning a business a reality. See some of our templates below to help prepare you to start your own business.
Women-owned
Loans for women-owned businesses
Accessity recognizes the importance of women-owned businesses to their local communities. Women-owned businesses have more than doubled in the last twenty years. Forty percent of Accessity’s portfolio are women and we have the resources and connections to help you grow.
Diverse
Loans for racially and ethnically diverse-owned businesses
Diverse-owned businesses have been growing at twice the national average, and immigrants are nearly twice as likely as native-born Americans to start businesses. Accessity is committed to helping these businesses.
Veterans
Loans for veteran-owned businesses
Veterans are more likely than non-vets to be self-employed, likely because their military training prepares them to excel in running their own business.
Food Business
Loans for food and beverage businesses
Launching a successful food business is challenging, yet Accessity’s clients in the industry experience greater success than the national average. Twenty percent of our loans go to food and beverage businesses each year and each client has exclusive access to mentoring by Sam Adams Beer employees through our national Brewing the American Dream partnership with the Boston Beer Company.
