Our Loan Fund

Many of the loans originated to small business owners by ACCION Chicago are disbursed with funds borrowed from financial partners. ACCION's loan fund has grown over the years, allowing ACCION to disburse more than 2,500 loans to different businesses throughout Chicagoland since 1994. As ACCION Chicago continues to expand to serve more entrepreneurs, the need for new investors grows.

ACCION welcomes long-term investments in its loan portfolio and will gladly provide appropriate documentation to any interested party. Please feel free to contact ACCION's Development Director Mary Fran Riley for further information at (312) 275-3000 X 111 or mfriley@accionchicago.org.

ACCION Chicago is grateful to each of the following organizations for their investments. Those listed below have invested in the fund at below-market rates, providing the loan capital necessary for ACCION Chicago to reach entrepreneurs throughout the Chicagoland region.

 

 

New in 2010:

  • First Savings Bank of Hegewisch
  • Illinois Department of Commerce and Economic Opportunity

Past Contributors:

  • Seaway Bank & Trust Company
  • Morgan Stanley Bank
  • Economic Development Administration, U.S. Department of Commerce
  • City of Chicago, Office of the City Treasurer 
  • U.S. Small Business Administration
  •  Department of the Treasury - CDFI Fund
  •  The Coleman Foundation
  •  John D. and Catherine T. MacArthur Foundation
  • Amalgamated Bank
  • First Midwest Bank 
  •  Community Savings Bank
  •  Fifth-Third Bank
  • US Bank
  •  Chicago Community Bank
  •  The Northern Trust Company
  •  PNC Bank 
  •  MB Financial Bank
  •  Bank of America 
  •  Bank Financial
  •  Republic Bank
  •  HSBC
  •  Chicago Community Trust
  •  JP Morgan Chase
  •  Wieboldt Foundation
  •  Citibank
  •  Harris Bank