Our service provider partner, Accion, is expanding its service area beyond Lake and Porter counties to include LaPorte, Newton, Jasper, Pulaski and Starke counties.
Accion, a nonprofit microlender, makes loans from $500 to $50,000 to existing and start-up small businesses that have been unable to get bank financing. It has accomplished steady growth in Northwest Indiana, providing 70 small business loans totaling $455,627 as of March 2014.
“SBDC clients in Lake and Porter have received micro-loans from Accion and now the program will be available to small business owners in all seven counties where we serve clients,” said Lorri Feldt, regional director of NW-ISBDC. “We’re delighted that Accion is expanding financing options for businesses throughout Northwest Indiana.”
Those interested in the loan process and becoming “loan ready” can meet a NW-ISBDC adviser for a one-on-one business consultation at no charge – click here
to become a client – or visit Accion Chicago’s Web site.