According to a new study by FIELD at the Aspen Institute, employees of microbusinesses that have received an Accion loan value their flexible and fulfilling new jobs.
Tax refunds can take a long time to reach your bank account, and that doesn't help you run your business. Learn how alternative lending can help keep you up and running while you wait for your refund.
Accion Texas has changed its name to LiftFund in order to reflect the company's growth and new reach. In 1994, the company made loans of around $25,000 to small businesses in Texas. Now, the company makes loans up to $250,000 and works with the Small Business Administration to make loans up to $5.5 million. It has [...]
Entrepreneurs and small business owners trying to obtain a conventional loan from a bank can find the process arduous, if not nearly impossible. It’s no secret: banks have become more restricting when it comes to lending after enduring huge losses from the economic downturn of recent years. Consequently, obtaining a conventional loan is not [...]