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
COVID-19 Relief and Recovery
Existing business seeking a loan due to losses from the COVID-19 pandemic
Maximum $250,000 in gross business revenues on most recent year of filed tax returns per stated on the caloanfund.org pre-application
Demonstrate economic injury in the form of a 10% decline in revenues since January 2020.
Returned to or has sustained at least 30% of pre-crisis revenues for at least one of the previous three months relative to average monthly revenues in the prior year; businesses impacted by the Regional Stay at Home Order are eligible if all other Underwriting Terms are met
Positive net income in 2019
Acceptable personal credit report to include (but not exclusive):
No repossession or foreclosure within last 3 years
No open liens or judgments (payment plans of at least 6 mos. OK)
No delinquent child support
Minimum Credit Score of 500 (No Credit Score is OK)
Click the button below for more information and to start the pre-application process on www.caloanfund.org.
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.
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.
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.
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.
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.