Accion Opportunity Fund - San Jose, California

Okay, here’s a detailed overview of the Acción Opportunity Fund, presented in a formal and helpful manner, suitable for someone seeking information about this organization:

Introduction to the Acción Opportunity Fund

For entrepreneurs, particularly those from underserved communities, the Acción Opportunity Fund (AOF) represents a valuable resource. It’s a non-profit loan agency dedicated to providing crucial capital and support to women-owned businesses. The organization operates with a straightforward and accessible approach, aiming to foster economic growth and opportunity within its target demographic. AOF distinguishes itself through its commitment to personalized service and a relatively quick turnaround time for loan approvals and disbursement.

Location and Contact Information

The Acción Opportunity Fund is strategically located at 111 W St John St # 800, San Jose, CA 95113. Individuals can easily reach them by phone at 4082970204. Their comprehensive website, accessible at aofund.org, provides detailed information about their programs, application process, and eligibility criteria.

Key Features and Specialties

AOF specializes in providing microloans to women entrepreneurs who often face challenges accessing traditional financing. They focus on businesses that are typically overlooked by conventional lenders. The organization’s mission centers around empowering women to build and grow successful businesses. AOF's streamlined processes and responsive team are frequently cited as key benefits by applicants. The fund’s operational style emphasizes a collaborative relationship with its clients.

Accessibility and Amenities

The fund prioritizes accessibility for all its clients. They are proudly identified as a women-owned organization. Furthermore, the facility boasts a wheelchair accessible entrance and wheelchair accessible parking lot, demonstrating a commitment to inclusivity. It's worth noting that AOF has a strong presence online, with 66 reviews on Google My Business, reflecting a generally positive reception from its clientele. The average opinion received is 3.7/5, indicating a level of satisfaction and a generally positive experience.

Applicant Experience – A Glimpse

Based on feedback, the application process is described as remarkably smooth and efficient. Many applicants report receiving their funds within a week of approval, a significant advantage in the competitive business landscape. The dedication of staff members, such as Lizette Mejía, who is frequently mentioned for her thoroughness and responsiveness, contributes significantly to a positive experience. The organization’s commitment appears to be centered around a client-focused, supportive approach.

Recommended Information for Prospective Applicants

Individuals considering AOF as a funding source should visit the website at aofund.org to review the eligibility requirements and application guidelines. It’s advisable to contact the fund directly via phone at 4082970204 to discuss specific business needs and explore available loan options. Preparation for the due diligence process is crucial to ensure a swift and successful application.

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👍 Reviews of Accion Opportunity Fund

Dana C. -. B.

5/5

I’m actually surprised at the negative reviews. The process was seamless and this company really really helped my business. I will def spread the word on social media. They have a great straightforward approach. I received my funds in a week from approval and I’m almost paid off. Will use again!

Terrance P.

5/5

Lizette Mejía was great to work with. She completed the due diligence, was always responsive, and the process took about 7 days. This will really help my business and the clients who live and work near the business.

William D.

1/5

Stay away from this place, and I wish I would have seen these reviews prior to applying. I was speaking with a lady name Rosalinda and she is the worst person to deal with. She’s one person one day and turns out to be another the next the minute she finds out that she cannot help you. This company is full of it, because who doesn’t have other loans that we pay on. I needed this loan so that I can move forward in my business and helping bro, as well as pay off one of the loans that I was already paying. I mean it’s common sense to do that. It was only about $3000 that I owed on one of the loans. The other one is a monthly loan so I’ve been current for a year on that one. And another loan that I was paying weekly, I was gonna pay off as well. So, after me being upset about why they declined me she tells me that she was going to speak with the lenders and I thought well maybe she’s going to try and convince them to help me out because I’m always current on my loans. She then calls me and leaves me a voicemail and so I call her back and thought she had some good news for me, but all she did was tell me for 10 on the lender and let me go through while you were declined. She had like this nasty attitude during our conversation explaining to me everything I pay as if I don’t already know what I’m paying. So yes I told her listen you’re wasting my time because we are talking over things that I already know so what’s the point? Anyhow, the whole point of getting alone from these people as far as moving forward and building your business because that’s what the loan should be for. That’s what I wanted it for. It did turn out that way because they claim to help you and give you hope, but it was all just false hope. STAY AWAY FROM THIS PLACE.

Michael L.

1/5

This company led me on for months, before they denied me, which is supposed to help small disadvantage businesses.

ESMERALDA R.

1/5

This company is here to help small businesses since they receive funds from different banks for that purpose, but they are useless, they do not know what they are doing, they are not trained, we requested a loan and after pre-qualification they told us that our Taxes do not We had income, how is it possible that they are seeing that in the Tax report we had to pay money to the IRS, and they come out with no income. In this company, those who work are people who do not have the knowledge of what they are doing or do not know what is happening, and it is not for nothing that they have such bad reviews. Banks that donate money to this type of entity should do an audit to find out what they do with the money they receive and why so many people are dissatisfied with their services. This is somewhat questionable

Ataria C.

1/5

Please don't be late paying them. They will not wave any fees! I think this is poor customer service! My loan is over half way paid off. I have NEVER been late and this company does not have the ability to help their customers. The fee is only $10 and I explained to them and had proof of why the payment was late. I am very disappointed in Accion

Gary F.

1/5

I had a truck and trailer financed here and paid on time every time for over 6 years. And barrowed the money just to pay them off to get far away from this company as I can get. This is the worst finance company I have ever dealt with by far! They lie to you, change their contracts with out telling you miss lead you and never return your calls. The way they do things sets you up for a fall and jeopardizes your business. And the thing is they do not care. Make sure you get everything in writing because there word means nothing. You been warned. The best thing I ever did in owning my trucking business was getting out from under this company. The only reason I gave them one start is you cant leave none.

G B.

5/5

These guys are Great! Opportunity Funds & my representative (Carlos) has been there for me ever since I've started my Auto Repair & Smog Business! I can tell you without a doubt that there aren't any other company out there that, that I know of, that can assist you in getting a loan without chopping your head off with their outrageous interest fee! Believe you me! However, I haven't been as fortunate in getting the $50K loan that I really wanted, but that is understandable because I realize they have their guidelines to follow If the profit doesn't show, what company would give you that amount right? However, being a one man shop for now, I am looking forward in continuously working with them in the future so long as they don't mind 🙂