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

News & Press

Topic

70% of restaurants might not survive COVID

For those of us fortunate enough to be able to work from home, everyday life is complicated, difficult, and worrisome. However, we still get to mobile order our favorite pizza or Chinese food for dinner. We still get to stop by and grab coffee at a drive-through on the way home from picking up groceries.…

customer service rules

Nonprofit small business lender prepares COVID response

Many Opportunity Fund small business clients like Tamales Los Mayas, which sells thousands of tamales at Golden State Warriors games, to a local school district and at most of the Bay Area’s biggest tech companies, will require support as they suffer a drop in consumer demand.

OCC and FDIC’s Proposed Rules Would Weaken CRA

Earlier this week, the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) released their plan to modernize the Community Reinvestment Act (CRA). The two governing bodies are soliciting feedback on their proposals, due mid-February. This is our first statement on the proposed changes; we will be submitting a…

$13M Investment in Northwest Human Services

We are excited to announce its first investment in Oregon, a $13 million expansion of Northwest Human Services, a non-profit Federally Qualified Health Center and a vital part of the social safety net in Salem, Oregon.

Northwest Human Services

Celebrating the CDFI Fund’s 25th Anniversary

September 23, 2019 marks the 25th anniversary of the CDFI Fund. Formally known as the Community Development Financial Institutions (CDFI) Fund, the US Treasury Department program aims to expand economic opportunity by investing in organizations, like Accion Opportunity Fund, to provide loans, technical assistance, and financial services to underserved communities.

Progress is Coming for CA Small Business Owners

California is on the verge of implementing the most significant financial protection bill in the nation for small business owners, something Accion Opportunity Fund has been advocating for many years.

New report: The financial health of small businesses

In collaboration with the Financial Health Network [formerly the Center for Financial Services Innovation (CFSI)], we are pleased to present the initial findings of our Small Business Financial Health Survey. Accion Opportunity Fund, including our lending arm Opportunity Fund, and FHN are committed to building a more robust financial marketplace for both consumers and small…

Two people standing side by side, smiling about AOF's non-profit lending model