Accompany Capital business loans review

Accompany Capital business loan rates, fees and terms

All Accompany Capital microloans come with rates fixed at 3% APR — with no application fees, origination fees or prepayment penalties. Loan terms run from 6 to 36 months. And you can borrow between $500 and $50,000. Use our calculator to see how much an Accompany Loan might cost your business each month.

Accompany also has a pilot program offering loans up to $75,000, though it's unclear if the same rates and terms apply. If you need more than that amount, you can apply for a government-backed SBA loan through Accompany Capital. But rates and fees are higher for this product.

Get qualified for funding in minutes for up to $500,000 without affecting your credit score. Great for SBA loan applicants.

How Accompany Capital compares to other lenders

Here's how Accompany Capital stacks up to other business financing options without hard credit or time in business requirements.

★★★★★

Finder Rating: 3.6 / 5

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Loan amount $500 to $50,000
APR Starting at 3%
Loan term 6 to 36 months
Requirements

★★★★★

Finder Rating: 4.75 / 5

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Loan amount $500 to $5,000,000
APR Starting at 6%
Loan term 12 to 300 months
Requirements Operate business in US or Canada, have a business bank account, 560+ personal credit score

★★★★★

Finder Rating: 3.7 / 5

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Loan amount $25 to $15,000
APR Starting at 0%
Loan term 1 to 3 months
Requirements Have members of social network willing to contribute, live in US, ages 18+, not in bankruptcy, not a registered sex offenders or terrorist, not convicted of violent or financial crimes in past five years.

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Accompany Capital reviews and complaints

Accompany Capital doesn't have any reviews or complaints on sites like Trustpilot or the Better Business Bureau. This is common for lenders that serve a small community, like Accompany Capital.

To get an idea of the kind of service to expect, ask other business owners in your community to see if anyone has used this lender. Or, talk to a local business development center and ask about this lender.

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Name	Product	Filter Values	Loan amount	APR	Requirements
Fora Financial business loans Finder Rating: 4.1 / 5: ★★★★★			$5,000 – $500,000	Varies	6+ months in business, $12,000+ monthly revenue, no open bankruptcies	Get qualified for funding in minutes for up to $500,000 without affecting your credit score. Best for companies with at least six figures in annual revenue.	Go to site More Info	Compare	loading Fetching your data…
Lendio business loans Finder Rating: 4.75 / 5: ★★★★★			$500 – $5,000,000	Starting at 6%	Operate business in US or Canada, have a business bank account, 560+ personal credit score	Submit one simple application to potentially get offers from a network of over 300 legit business lenders.	Go to site More Info	Compare	loading Fetching your data…
OnDeck short-term loans Finder Rating: 4.6 / 5: ★★★★★			$5,000 – $250,000	As low as 35%	600+ personal credit score, 1 year in business, $100,000+ annual revenue	A leading online business lender offering flexible financing at competitive fixed rates.	Go to site More Info	Compare	loading Fetching your data…
National Funding business loans Finder Rating: 4.75 / 5: ★★★★★			$5,000 – $500,000	4% to 8%	Be in business at least one year and make at least $150,000 in annual sales. Other loan types have additional requirements.	Working capital loans and equipment financing, some high-risk industries may be eligible.	Go to site More Info	Compare	loading Fetching your data…
Fundbox lines of credit Finder Rating: 4.2 / 5: ★★★★★			$1,000 – $150,000	Not stated	6 + months in business, $100,000+ in annual revenue, 600+ credit score	Get flat rate, short-term financing based on the financial health of your business, not your credit score.	Go to site More Info	Compare	loading Fetching your data…
Bitty Advance business cash advances Finder Rating: 2.8 / 5: ★★★★★			$2,000 – $25,000	Not applicable	$5,000 monthly bank revenue, 6+ months in business, business bank account open 3+ months, 450+ credit score	With APRs in the triple digits, this is best saved as a last resort.	Go to site More Info	Compare	loading Fetching your data…

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How to qualify

You and your business must meet the following minimum requirements to qualify for a microloan.

• Located in one of New York City's five boroughs
• Over 21 years old
• Positive cash flow
• No bankruptcies in past 24 months
• Current on all required licenses to operate

How the application works

Accompany Capital accepts applications online, over the phone and in person at one of its offices. You can apply online by filling out a brief form about your business on the website. After you submit your form, a loan officer should contact you to complete the application.

Accompany Capital doesn't state how long it takes to receive your funds. But you can usually expect it to take a few weeks for a lender of this size. It also doesn't state how repayments work, but typically nonprofits ask for repayment once a month.

What sets it apart

Accompany Capital's 3% APR is lower than what you'll find with most business lenders — including big banks. Its lack of credit score and revenue requirements also open it up to immigrants and small operations that are difficult to fund. And it's one of the few nonprofit microlenders that also allows you to apply online. Most require in-person or phone applications.

Compare more loan options with our guide to funding a startup or our top business loan picks of the year.