ACCFutures ACCEscalator
$10,000.00
Loan
Description:
At ACCFutures, the ACCEscalator Loan Program is its rapid response to entrepreneurial needs, offering capital ranging from $2,500 to $10,000 for businesses with at least two years of operation.
Comments on Funding:
Funding is a loan ranging from $2,500 to $10,000:
– Interest: calculated based on credit score;
– Application Fee: 1% of loan. No minimum;
– Maximum Amortization: 36 months.
Continuous Intake
Eligibility:
Applicants must:
1. be existing businesses that
a) are at least two years in operation;
b) have a minimum $100,000/year revenue;
2. have a minimum Credit Score: 600;
3. provide a security: GSA and Personal Guarantee;
4. be established in Akwesasne, Cornwall, and SDG Counties.
Application Steps:
Applicants must complete the online application form.
Documentation Needed:
Applicants must provide:
1. completed Loan Application form;
2. PNWS;
3. Credit Report;
4. Business Registration;
5. Proof of minimum revenue.
Other Things to Note:
About the author
Maurice