Small Business Trends News & Updates to Stay Ahead Small Business Trends News & Updates to Stay Ahead

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Luz Urrutia Appointed to CFPB CAB

Opportunity Fund CEO, Luz Urrutia, has been appointed to the Consumer Financial Protection Bureau’s (CFPB) Consumer Advisory Board (CAB).

Senate Bill 551 Approved by Assembly JEDE Committee

Today, the California State Assembly Committee on Jobs, Economic Development, and the Economy (JEDE) voted in favor of Senate Bill 551, which sustains a state program that helps Community Development Financial Institutions (CDFIs) and small banks make responsible small-dollar loans to California small businesses.

Our Loans Build Credit and Boost Revenues

We recently concluded an evaluation to measure changes in the financial and credit profiles of nearly 2,000 small businesses funded by Accion Opportunity Fund

A Longitudinal Impact Study of Accion and Opportunity Fund Small Business Lending in the US

The Longitudinal Impact Study of Accion and Opportunity Fund Small Business Lending in the U.S. is a first-of-its-kind national, longitudinal, qualitative examination of these outcomes. It reports on a nationwide cohort of 350 Accion and Opportunity Fund borrowers who were followed for as long as three years post loan in order to understand the impact…

Five Entrepreneurial types

Our First Small Business Financial Health Survey

In collaboration with the Center for Financial Services Innovation (CFSI), Accion Opportunity Fund is pleased to present the initial findings of our Small Business Financial Health Survey.

Eliminating NMTC is a Loss For All

This week the House Ways and Means Committee took the mistaken step of proposing the elimination of the New Markets Tax Credit (NMTC) Program as part of a proposal for tax reform.

Shedding Light on Small Business Lending

Accion Opportunity Fund is a big supporter of the work that the Consumer Financial Protection Bureau (CFPB) is doing on behalf of American consumers.

Building Technology for Cross-Sector Collaboration

The partnership between Opportunity Fund, the lending arm of Accion Opportunity Fund, and LendingClub combines the mission focus of a Community Development Financial Institution (CDFI) with the online lending expertise of a fintech, creating a new model for transparent, responsible lending services that meet the needs of today’s small business owner.

Graphics indicating the process of shared vision, shared values, shared resources, shared risks, shared rewards

New Report on Opportunity Fund-LendingClub Partnership

Today, Accion Opportunity Fund releases a new report “Building Technology for Cross-Sector Collaboration: A Case Study of Fintech-CDFI Partnership Success” about the recently launched partnership between Accion Opportunity Fund and LendingClub.