AOF Small Business Term Loan
What Accion Opportunity Fund publishes: "Loans up to $250k. Competitive market rates. Repayment terms up to 36 months."
No APR or interest rate range is published anywhere on aofund.org or the AOF help center (checked product page, /business-loans/, state licenses and disclosures page, help center 'What are AOF's loan terms?'). Page says only 'competitive fixed rates' and 'Your rate depends on factors like time in business, annual revenue, credit profile, loan amount, and repayment term.'
The rate you are offered is set by Accion Opportunity Fund after you apply on its site. It depends on your credit history, income, loan amount and term, and may be higher than the lowest rate shown here.
| Loan amount | $5,000 to $250,000 |
| Term | 18 to 36 months |
| Rate type | fixed |
| Funding speed | prequalification offers in minutes with no hard credit check; 'Someone who is prepared with their documents can get their loan funded within days.' |
| Origination fee | charged; amount not stated (help center lists 'Origination fee' under loan terms without a number) |
| Prepayment penalty | No |
| Late fee | Not stated |
| Minimum credit score | 660 |
| States | 45 states; not available in DC, MT, ND, SD, TN, VT |
| Membership | Not required |
"Credit score: 660 or higher"
- Origination fee charged; amount not stated (help center lists 'Origination fee' under loan terms without a number)
- Funding: prequalification offers in minutes with no hard credit check; 'Someone who is prepared with their documents can get their loan funded within days.'
- Borrow up to $250,000
- No prepayment penalty
| Legal name | Accion Opportunity Fund Community Development |
| Type | Online lender |
| Website | https://aofund.org |
Other Accion Opportunity Fund offers on Banrox: AOF SBA 7(a) Loan.
Third-party lenders
Loan offers are provided by third-party lenders. Banrox is a technology company and is not a lender. Banrox does not take loan applications, make credit decisions or fund loans.
Compensation
Banrox may receive compensation from some lenders when you click or apply through links on this page. Compensation does not affect the rates shown, which are taken from each lender's public website as of the date displayed.
Rates and estimates
Rates, amounts, terms and fees are shown as published on the lender's website on the date marked above and may change without notice. The payment estimate uses the lowest APR the lender publishes and excludes origination and other fees; the lender's own disclosure governs. Nothing on this page is an offer, a rate quote or a commitment to lend.
