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Find a Location

Accion Opportunity Fund has 1 locations, listed below.

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    Business ProfileforAccion Opportunity Fund

    Business Loans

    At-a-glance

    Customer Reviews

    1/5stars

    Average of 1 Customer Reviews

    Customer Complaints

    4 complaints closed in last 3 years

    3 complaints closed in last 12 months

    Customer Reviews are not used in the calculation of BBB Rating

    Reasons for BBB Rating

    Related Categories

    Business Details

    Location of This Business
    111 W Saint John St, San Jose, CA 95113-1113
    BBB File Opened:
    7/21/2022

    Customer Complaints

    4 Customer Complaints

    Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews

    File a Complaint

    Most Recent Customer Complaint

    11/02/2023

    Complaint Type:
    Customer Service Issues
    Status:
    Resolved
    I have two small distinct small business ****** Media Network, LLC ein number 38-2400088 email ******************** and ************************* ein number 37-2093855.12/15/2021, I applied for a small business loan with Accion Opportunity Fund for ****** Media Network, LLC . I was denied. I never received a letter stating why.June 10, 2023, I applied for a small business loan for $5,000 the *** # ********. The loan was approved, but I wanted a larger amount. June 18, I applied for a loan for $50,000 #***-0000140436. I was denied. I was told for internal reasons and I would receive a letter of the mail explaining why I was denied.October 27, 2023, I received two missed calls and emails stating that my loan was approved, and I needed to attach my business banking to the link provided in the email.October 30, 2023, I called this company and they stated I was approved for $46,000, and to attach my bank account information to the link via Plaid.October 31, 2023, Accion Opportunity Fund stated that I was denied, because of internal problems and I would receive a letter.I believe that Accion Opportunity Fund is a racist organization and does not fund Black Business.They did send out a letter stating why I was deny the first time. However, they send a letter of approval back from June and deny the same application twice.
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    Customer Reviews

    1 Customer Reviews

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    How BBB Processes Complaints and Reviews

    Start a Review

    Most Recent Customer Review

    William D

    1 star

    04/11/2023

    Stay away from this place, and I wish I would have seen these reviews prior to applying. I was speaking with a lady name ********* and she is the worst person to deal with. Shes one person one day and turns out to be another the next the minute she finds out that she cannot help you. This company is full of it, because who doesnt have other loans that we pay on. I needed this loan so that I can move forward in my business and helping bro, as well as pay off one of the loans that I was already paying. I mean its common sense to do that. It was only about $3000 that I owed on one of the loans. The other one is a monthly loan so Ive been current for a year on that one. And another loan that I was paying weekly, I was gonna pay off as well. So, after me being upset about why they declined me she tells me that she was going to speak with the lenders and I thought well maybe shes going to try and convince them to help me out because ** always current on my loans. She then calls me and leaves me a voicemail and so I call her back and thought she had some good news for me, but all she did was tell me for 10 on the lender and let me go through while you were declined. She had like this nasty attitude during our conversation explaining to me everything I pay as if I dont already know what Im paying. So yes I told her listen youre wasting my time because we are talking over things that I already know so whats the point? Anyhow, the whole point of getting alone from these people as far as moving forward and building your business because thats what the loan should be for. Thats what I wanted it for. It did turn out that way because they claim to help you and give you hope, but it was all just false hope. STAY AWAY FROM THIS PLACE.

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