Accion Opportunity FundReviews of accion.org

I have been awarded a grant. I have tried for several weeks to get a person to communicate with. I have questions about my business proposal and only 3 chances to submit. I emailed the grant dept over the last weeks 6 times and no reply. How can I get information.

I recently paid off a loan from Accion. I authorized an ACH payment for the entire remaining balance out of my account. They ended up taking two payments instead of one. This caused my account to have insufficient funds to cover my obligations to my clients. I lost two of my main clients for being in violation of the terms of our contracts. I called Accion for help regarding the matter as soon as I realized what happened before I lost my clients. I explained to the them that I would be in danger of losing clients if this could not be resolved quickly. I was just told to wait for a refund and that it could take 2 weeks. I could not understand why the funds could not be put back into my account in the form of an ACH deposit just like the funds were deposited into my account when I initially received the loan funds. Especially since they saw and admitted that they made a huge mistake. Not only has my business and reputation been damaged but I am still without my funds

Accion is a classic bait and switch company that should be shut down by the CFPB. Don't waste your time with such a pathetic excuse of a company. Unless you're a minority, I highly recommend looking elsewhere. Shame on Lending Club for partnering with this sorry company. Went to an actual bank, approved for triple the preapproved amount that Accion offered.

Horrible company waste of time

Beware of this Phony so-called company. Go on BBB and they are under this name ACCION however they have changed their name to DREAM SPRING lenders now office in New Mexico.. I have sent this so-called lender several emails regarding/ asking to cancel my PPP loan because I decided NOT to do business with them after reading SOooooooo many bad reviews. Well, I called the office and some young Hispanic-sounding young girl answer the phone saying she is only the receptionist. I have filed a case/ claim with my bank against this so-called Lender and my BANK will not be allowing them to take ANYTHING out of my acct. I have emailed them several times and received 1 email a week ago telling me to cancel through Womply well come to find out I can Not cancel through Womply because the loan is now with This bogus so-called bank. I am trying to send them their small $619.00 dollars back that they want to charge me 60-month terms for When hell freezes. I am and will be taking further actions against this so-called Accion/ Dream Spring

I own a small 2nd generation business in Chicago. We are celebrating our 50th anniversary this year. We were referred to Accion by our landlords, by our CPA and by 2 major banks here. Needless to say they were 1st on our list when I started shopping for cash. After several voicemails and a call to another Banker, the Accion representative finally called me back. We had a brief conversation. He said he was in my area every Thursday and wanted to stop by. I said sure, let’s do it. Thursday went by and no call or contact with me was made. I followed up again. This time he said he was taking my file down to his boss and underwriting. He would get back with me that afternoon. Still no answer when I called! Voicemails or emails went unanswered. Again I called the other a Banker and he gets right through to him with no problem. Finally after about 2-3 more days of calling I finally get through and he tells me he was off work and No his company considered me high risk. I contacted American Express through another referral and they did everything professionally, quickly got approved and funded within 1 week! No phony stuff. Just business done right! Save yourself time. Don’t bother calling Accion they have no Action.