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ACCION USA Microfinance for  Small Businesses ACCION USA 56 Roland St., Suite 300 Boston, MA 02129 Orientation July 14th, 2010
Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object]
What is ACCION USA? At ACCION USA, we are committed to serving low- and moderate-income communities by providing access to business financing and counseling. Our focus is on microentrepreneurs, often minorities and women, who build businesses, provide jobs, create assets for themselves and their families and contribute to the development of their communities.
A Brief History of ACCION in the US ,[object Object],[object Object],[object Object],[object Object]
Who do we lend to? ,[object Object]
Microlending Initiatives
Brewing the American Dream ,[object Object],All food and beverage entrepreneurs are invited to attend!
What is Kiva? www.kiva.org
ACCION USA Small Business Loan Products ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Small Business Loan Product Specifics
Yes/No Variables ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Requirements for Start-Ups and  Transition Businesses ,[object Object],[object Object],[object Object],[object Object],[object Object]
Basic Documentation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
How Can YOU Get Involved? ,[object Object],[object Object],[object Object],[object Object],[object Object]
Applying Online
AUSA Loan Application Process Client receives  ACCION USA  loan Information Client  Applies Online  or  fills out paper application. AUSA acknowledges receipt w/in  48 hours AUSA contacts  client regarding application to  offer loan amount range, Interest rate, and request  documents Application submitted  for Underwriting Underwriter Approves  or  Declines ACCION sends  disbursement Documents via secure e-mail  to client Once ALL DOCUMENTS are submitted process takes 5 – 10 business days Client submits documentation via  fax or email and gets  Interviewed by Loan Officer.  This is often the most difficult and time consuming stage. Prequal
Loan Packaging Best Practices  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Loan Packaging Best Practices Cont. ,[object Object],[object Object]
Q & A ,[object Object],Kimberly Geronimo, Loan Consultant 617-616-1599 [email_address]

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ACCION USA Partner Training

  • 1. ACCION USA Microfinance for Small Businesses ACCION USA 56 Roland St., Suite 300 Boston, MA 02129 Orientation July 14th, 2010
  • 2.
  • 3. What is ACCION USA? At ACCION USA, we are committed to serving low- and moderate-income communities by providing access to business financing and counseling. Our focus is on microentrepreneurs, often minorities and women, who build businesses, provide jobs, create assets for themselves and their families and contribute to the development of their communities.
  • 4.
  • 5.
  • 7.
  • 8. What is Kiva? www.kiva.org
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14.
  • 16. AUSA Loan Application Process Client receives ACCION USA loan Information Client Applies Online or fills out paper application. AUSA acknowledges receipt w/in 48 hours AUSA contacts client regarding application to offer loan amount range, Interest rate, and request documents Application submitted for Underwriting Underwriter Approves or Declines ACCION sends disbursement Documents via secure e-mail to client Once ALL DOCUMENTS are submitted process takes 5 – 10 business days Client submits documentation via fax or email and gets Interviewed by Loan Officer. This is often the most difficult and time consuming stage. Prequal
  • 17.
  • 18.
  • 19.

Hinweis der Redaktion

  1. Go to internet here.
  2. NOTES: Send us a heads up that you are referring a client and they’ll apply online.