Opportunity Fund
Accion Opportunity Fund is a nonprofit CDFI founded in 1993 that provides small business term loans, SBA 7(a) loans, equipment leasing, and truck financing, plus free advising and education, to underserved entrepreneurs across 45 U.S. states.
- Company typePublic
- Founded2000
- HeadquartersSan Jose, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Opportunity Fund does
Accion Opportunity Fund (AOF) is a nonprofit Community Development Financial Institution (CDFI) founded in 1993 and headquartered in San Jose, California, that delivers small business financing and advisory services to historically underserved entrepreneurs across the United States. Its lending portfolio comprises Small Business Term Loans, SBA 7(a) Loans originated under SBA Preferred Lender status, Equipment Leasing, Truck Financing, and Food Truck Financing, augmented by free Business Advising, Personalized Learning, Programs & Grants, and a Business Resource Center. The organization also operates the New Markets Tax Credit Program and policy Advocacy initiatives aimed at expanding capital access in low-income communities.
AOF operates a digital lending platform (online application portal at apply.aofund.org) layered with one-on-one advising staff and a national referral partner network, reaching borrowers in 45 states (loans unavailable in DC, MT, ND, SD, TN, and VT). Its revenue model blends interest and fees on loans with donations, grants, and debt capital from financial partners including BBVA USA, Charles Schwab, Mechanics Bank, and the Federal Home Loan Bank of San Francisco. As a 501(c)(3) nonprofit, AOF reinvests earnings into mission activities rather than distributing profit. Over its 30+ year history, AOF has cumulatively served 4.5M+ clients and deployed $1B+ in capital, with 90% of borrowers coming from underserved communities, positioning it as a capital provider of last resort for thin-file and minority-owned small businesses that mainstream banks decline to underwrite.
Opportunity Fund firmographics
Firmographics- Name
- Opportunity Fund
- Legal name
- Baron Opportunity Fund
- Website
- https://opportunityfund.org
- Company type
- Public
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Accion Opportunity Fund is a nonprofit CDFI founded in 1993 that provides small business term loans, SBA 7(a) loans, equipment leasing, and truck financing, plus free advising and education, to underserved entrepreneurs across 45 U.S. states.
- Ownership category
- akta.pro rank
Opportunity Fund industry classification
Industry- Product category
- Community Development Lending
- NAICS
- Activities Related to Credit Intermediation (5223), Grantmaking and Giving Services (81321), Educational Support Services (611710)
- SIC
- Short-Term Business Credit Institutions (6153), Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- Impact Investing & Social Finance (Funds, CDFIs, Microfinance) (BPAGALAA)
- akta.pro secondary industries
- Financial Inclusion & Consumer Empowerment (Banking Access, Credit Building) (BPAGALAJ), SBA/USDA Government-Backed Loan Intermediation (FSAEAEAI)
Keywords
Where Opportunity Fund is headquartered
LocationHeadquarters
- HQ city
- San Jose
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Opportunity Fund business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Small Business Lending: Accion Opportunity Fund generates revenue through interest and fees on small business loans including term loans, SBA 7(a) loans, equipment leasing, truck financing, and food truck financing. As a nonprofit CDFI, revenues support mission activities.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Small Business Term Loans |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
Opportunity Fund product offering
Product offeringCore offering
Accion Opportunity Fund is a nonprofit Community Development Financial Institution (CDFI) that provides small business financing — Small Business Term Loans, SBA 7(a) loans, equipment leasing, truck financing, and food truck financing — to underserved small business owners, complemented by free one-on-one business advising, educational resources, and community programs such as the New Markets Tax Credit initiative and small business advocacy.
Product overview
Accion Opportunity Fund (AOF) operates as a unified platform offering small business financing products alongside support services. The core lending portfolio includes Small Business Term Loans, SBA 7(a) Loans, Equipment Leasing, Truck Financing, and Food Truck Financing — all designed with transparent, flexible terms free from predatory terms. Complementing the lending products, AOF provides Business Advising, Personalized Learning, Programs & Grants, and a Business Resource Center to offer expert guidance and educational resources throughout the business journey. Additionally, the organization runs community-focused initiatives including the New Markets Tax Credit Program and Advocacy efforts to advance policies supporting underserved small business owners.
Differentiator
Problem solved
Functional benefit
Products and services
- Small Business Term Loans Traditional term loans providing capital for small business expansion, investment, working capital, and growth with transparent terms and no hidden fees. Targeted at underserved small business owners across 45 U.S. states.
- SBA 7(a) Loan Small Business Administration 7(a) loan program offered under the SBA's Preferred Lender Program for qualified borrowers seeking government-backed financing with streamlined processing.
- Equipment Leasing Financing and leasing solutions for acquiring business equipment needed to support operations and growth of small businesses.
- Truck Financing Financing for commercial heavy and medium duty trucks designed to help transportation and logistics businesses acquire vehicles for operations.
- Food Truck Financing Specialized funding for food business owners to purchase food trucks and mobile food service vehicles, supporting startup and growth of mobile food operations.
Quantifiable outcome
- 4.5M+ clients served across lending and learning programs
- +2 more outcomes
Companies that use Opportunity Fund
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles3 records
Opportunity Fund technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Opportunity Fund partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- U.S. Small Business AdministrationcoreAOF is approved as an SBA Preferred Lender, enabling streamlined processing of SBA 7(a) loan products for small business borrowers. This partnership allows the organization to provide government-backed financing solutions with faster approval timelines.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Opportunity Fund competitors and assessment
Company assessmentDirect peers
- Grameen America: Leading U.S. microfinance nonprofit providing small-dollar loans and financial services to low-income women entrepreneurs, with a similar mission-driven, community-based lending model to Opportunity Fund.
- Coastal Enterprises Inc (CEI): Maine-based CDFI offering small business loans, SBA loans, and consulting to underserved entrepreneurs and communities — directly comparable mission, product set, and nonprofit structure.
- LiftFund: Texas-headquartered CDFI providing small business loans, SBA loans, and business advising to underserved entrepreneurs, with a comparable nonprofit CDFI structure and product mix.
- Justine PETERSEN Housing & Reinvestment Corporation: St. Louis-based CDFI providing small business loans, SBA microloans, and credit-building services to underserved entrepreneurs; directly comparable CDFI mission, products, and community development focus.
- Main Street Launch: Oakland-based CDFI providing small business loans, advising, and incubation to entrepreneurs in the Bay Area, with a similar nonprofit mission, SBA lending capability, and bundled support services.
- CDC Small Business Finance (Pursuit): California-based CDFI (now branded Pursuit) providing SBA 504/7(a) loans, small business loans, and business advising; directly comparable as a fellow West Coast CDFI SBA Preferred Lender serving underserved communities.
Emerging players
- Kiva: Global nonprofit crowdfunding platform for microloans to underserved entrepreneurs, with a partially overlapping mission and borrower base but a different (crowdfunded rather than balance-sheet) lending model.
- Camino Financial: Digital-first CDFI-focused small business lender targeting Latino and other underserved SMBs with online loan origination and embedded business education — a fintech-native take on AOF's lending-plus-advising model.
Broad incumbents
- Funding Circle US: Online SMB lending platform providing term loans and SBA 7(a) loans to U.S. small businesses; directly comparable in SBA lending capability and SMB customer base, though for-profit and broader-market.
- OnDeck (Enova International): Large online SMB lender offering term loans and lines of credit to small businesses nationwide; comparable customer segment (SMBs seeking working capital) but for-profit model and weaker mission focus.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Opportunity Fund social profiles
Digital presenceOpportunity Fund compliance and trust
Trust signalCompliance5 records
Opportunity Fund financial estimates
Financial estimateRevenue estimate
Valuation estimate
Opportunity Fund leadership team
Management profileNumber of profiles
Profiles2 records
Opportunity Fund funding detail
Funding detailFunding overview
Funding rounds2 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Opportunity Fund M&A and investment
M&A and investmentM&A
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Opportunity Fund
What does Opportunity Fund do?
Accion Opportunity Fund is a nonprofit Community Development Financial Institution (CDFI) that provides small business financing — Small Business Term Loans, SBA 7(a) loans, equipment leasing, truck financing, and food truck financing — to underserved small business owners, complemented by free one-on-one business advising, educational resources, and community programs such as the New Markets Tax Credit initiative and small business advocacy.
Is Opportunity Fund a public or private company?
Opportunity Fund is a public company. It is classified as nonprofit foundation owned and is currently operating.
When was Opportunity Fund founded?
Opportunity Fund was founded in 2000. It employs 51 to 100 people.
Where is Opportunity Fund based?
Opportunity Fund is headquartered in San Jose, United States, in the North America region.
How does Opportunity Fund make money?
One revenue line is on record: small Business Lending.
Who are Opportunity Fund's main competitors?
Direct peers on record are Grameen America, Coastal Enterprises Inc (CEI), LiftFund, Justine PETERSEN Housing & Reinvestment Corporation, Main Street Launch and CDC Small Business Finance (Pursuit). Emerging players are Kiva and Camino Financial. Broad incumbents are Funding Circle US and OnDeck (Enova International).
Does Opportunity Fund have an API?
No public API is recorded for Opportunity Fund.
What industry is Opportunity Fund in?
Opportunity Fund's product category is Community Development Lending. Its primary akta.pro industry code is BPAGALAA, Impact Investing & Social Finance (Funds, CDFIs, Microfinance), with a secondary code of BPAGALAJ, Financial Inclusion & Consumer Empowerment (Banking Access, Credit Building). Its NAICS code is 5223 and its SIC code is 6153.