Accompany Capital
Accompany Capital is a NYC-based nonprofit CDFI providing microloans, small business loans, financial education, and business training to immigrant and refugee entrepreneurs across New York City, with over 5,300 cumulative loans and $76 million deployed.
- Company typePrivate
- Founded1997
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Accompany Capital does
Accompany Capital is a New York City-based nonprofit Community Development Financial Institution (CDFI) that provides affordable credit, financial education, and business training to immigrant and refugee entrepreneurs. Founded in 1997 as the Business Center for New Americans (BCNA) within the New York Association for New Americans, the organization was rebranded to Accompany Capital in 2020 to reflect its role of supporting clients throughout their financial journey. It holds CDFI certification and SBA Community Advantage lender status, and operates two physical offices — one in Manhattan (11 Broadway) and one in Queens (Jackson Heights) — alongside an online loan-inquiry channel.
The organization offers a portfolio of loan products including SBA Community Advantage Loans, NYC Future Fund Loans, Small Business Loans, Microloans (typically under $50,000), NYC Child Care Loans, Business Lines of Credit, and Credit-Building Loans. These are complemented by non-lending programs: the Refugee Individual Development Account (IDA) Savings Program, Home Buying counseling and down payment assistance, the Leonid Ostrovsky Lending Fellowship, dedicated support for women entrepreneurs, the AC Voices client-story platform, and the annual Immigrant Heritage Week Awards. As of September 2025, the organization has made 5,317 cumulative loans totaling more than $76 million and served more than 1,700 refugees through the IDA Program, who have invested over $24 million into education, homeownership, and small businesses. FY2024 alone produced 201 new loans worth $11.79 million, supporting 145 new full-time jobs and retaining 1,098 positions.
Accompany Capital generates revenue primarily through net interest margin on its deployed loan portfolio, supplemented by grants and donations. It is governed by a board drawn from financial-sector organizations including Customers Bank, Man Group PLC, and Credit Agricole. Headcount is small (18+ team members listed), with the multilingual staff speaking 14 different languages and dialects. Revenue is structurally constrained by nonprofit status, CDFI mission requirements, and grant dependency, with the largest recent capital injections being a $6.1 million U.S. Treasury CDFI Fund award in April 2022 and an undisclosed Dime Community Bancshares grant in December 2025.
Accompany Capital firmographics
Firmographics- Name
- Accompany Capital
- Legal name
- Accompany Capital
- Website
- https://accompanycapital.org
- Company type
- Private
- Founded year
- 1997
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Accompany Capital is a NYC-based nonprofit CDFI providing microloans, small business loans, financial education, and business training to immigrant and refugee entrepreneurs across New York City, with over 5,300 cumulative loans and $76 million deployed.
- Ownership category
- akta.pro rank
Accompany Capital industry classification
Industry- Product category
- Community Development Financial Services / Microfinance
- NAICS
- Activities Related to Credit Intermediation (5223)
- SIC
- Miscellaneous Business Credit Institution (6159), Short-Term Business Credit Institutions (6153), Federal & Federally-Sponsored Credit Agencies (6111)
- 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), Microenterprise Group Lending (Joint Liability) (FSAKAGAH)
Keywords
Where Accompany Capital is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Accompany Capital business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Micro and Small Business Lending: Provides affordable microloans, small business loans, SBA Community Advantage Loans, NYC Future Fund Loans, and credit-building loans to underserved entrepreneurs. Revenue generated through loan interest and fees as a CDFI.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Other | Various loan products for underserved entrepreneurs |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
Accompany Capital product offering
Product offeringCore offering
Accompany Capital is a nonprofit Community Development Financial Institution (CDFI) that provides affordable credit, savings programs, and financial education to underserved micro and small business owners in New York City. Its core offerings include SBA Community Advantage Loans, NYC Future Fund Loans, Small Business Loans, Microloans, NYC Child Care Loans, Business Lines of Credit, and Credit-Building Loans, complemented by the Refugee Individual Development Account (IDA) Savings Program, Home Buying Program, women entrepreneur support, and business skills workshops. The organization primarily serves immigrants, refugees, asylees, and women entrepreneurs across NYC.
Product overview
Accompany Capital is a Community Development Financial Institution (CDFI) that operates as a unified financial services platform providing loans, savings programs, and educational services to underserved entrepreneurs in New York City. The core offering consists of multiple loan products including SBA Community Advantage Loans, NYC Future Fund Loans, Small Business Loans, Microloans, NYC Child Care Loans, Business Lines of Credit, and Credit-Building Loans. These are complemented by the Refugee IDA Savings Program for matched savings, the Home Buying Program for down payment assistance, and specialized support programs for women entrepreneurs. Supporting services include workshops covering business skills, financial literacy, credit building, and digital marketing. The organization also runs the annual Immigrant Heritage Week Awards and the Leonid Ostrovsky Lending Fellowship. The portfolio spans from startup microloans to larger SBA-backed loans, combined with capacity-building programs to support clients throughout their entrepreneurial journey.
Differentiator
Problem solved
Functional benefit
Products and services
- SBA Community Advantage Loan Small Business Administration-backed loan program designed to help small business owners access capital with favorable terms, offered by Accompany Capital as an SBA Community Advantage Lender.
- NYC Future Fund Loan Loan program supported by New York City to provide financing options for local entrepreneurs and small businesses, in partnership with NYC Small Business Services.
- Small Business Loans General purpose loans for micro and small business owners to start or expand their businesses with affordable terms, quick approval process, and no hidden fees.
- Microloans Small-scale loans typically under $50,000 designed for very small businesses and entrepreneurs who need modest capital to start or grow a business.
- NYC Child Care Loan Specialized loan program to help entrepreneurs establish or expand child care services in New York City, in partnership with NYC Small Business Services.
- Business Line of Credit Revolving credit facility allowing businesses to access funds as needed up to a set limit, providing flexible working capital for small businesses.
- Credit-Building Loans Loans designed to help borrowers establish or improve their credit history through regular payments, supporting immigrants and refugees with no or limited U.S. credit history.
- Refugee IDA Savings Program Individual Development Account program helping refugees save money with matching funds for education, home ownership, and small business development. Over 1,700 refugees have participated, investing more than $24 million.
- Home Buying Program Down payment assistance and homeownership counseling program, including the HomeFirst Down Payment Assistance Program, to help low-to-moderate income households become homeowners.
- Supporting Women Entrepreneurs Targeted loans, tools, training, and networking support specifically designed for women entrepreneurs in New York facing special challenges in business ownership.
- Workshops and Training Educational workshops covering business skills, marketing, Quickbooks, business taxes, digital marketing, credit building, and financial literacy. The organization delivered 44 online workshops on these topics in 2023.
Quantifiable outcome
- 5,317 loans totaling more than $76 million deployed
- +2 more outcomes
Companies that use Accompany Capital
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles4 records
Accompany Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Accompany Capital partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Opportunity Finance Network (OFN)corePartner organization providing support to CDFIs, listed as a member organization supporting Accompany Capital's mission.
- NYS CDFI CoalitioncoreNew York State Community Development Financial Institution coalition supporting and advocating for CDFIs in New York.
- SBA (U.S. Small Business Administration)coreSBA Community Advantage Lender providing SBA-backed loans to small businesses. SBA Lender decal displayed on website.
- AerisminorPartner organization listed on website, working in the CDFI sector.
- NYC Small Business ServicescoreCity of New York agency providing resources and support for small businesses, referenced in resources and programs including NYC Future Fund Loan and NYC Child Care Loan.
Scale indicators8 records
Recent moves8 records
Expansion highlights6 records
Accompany Capital competitors and assessment
Company assessmentDirect peers
- Ascendus: Ascendus (formerly Accion U.S. Network) is a CDFI providing small business loans and advisory to underserved entrepreneurs across multiple U.S. cities. Directly comparable as a CDFI offering micro and small business loans to immigrant and minority-owned businesses.
- TruFund Financial Services: TruFund is a CDFI providing capital, coaching, and connections to small businesses in underserved communities. Comparable as a similarly structured CDFI lender targeting mission-aligned, underserved entrepreneurs with non-traditional credit profiles.
- DreamSpring: DreamSpring is a CDFI providing microloans and small business loans to underserved entrepreneurs. Comparable as a fellow SBA Community Advantage lender serving similar immigrant and minority small-business borrowers nationally.
- Grameen America: Grameen America is a nonprofit microfinance organization providing small loans to entrepreneurs in underserved U.S. communities, with strong focus on immigrant women. Directly comparable as a CDFI-style microlender serving similar New American / immigrant borrower base with multilingual field staff.
Others
- Nonprofit Finance Fund: Nonprofit Finance Fund is a CDFI and consulting organization providing capital, advice, and advocacy to nonprofits and social enterprises. Comparable as a CDFI ecosystem participant providing community development lending alongside capacity-building services similar to Accompany Capital's programs.
Emerging players
- Justine PETERSEN Housing & Reinvestment Corporation: Justine PETERSEN is a St. Louis-based CDFI providing small business loans, housing counseling, and asset-building services to underserved families and entrepreneurs. Comparable as a similarly structured CDFI bundling credit-building with small business lending for low-income populations.
- Lendistry: Lendistry is a CDFI and fintech providing small business loans and PPP lending to underserved small businesses, including minority-owned and immigrant-owned businesses. Comparable as a fellow CDFI leveraging SBA and other government programs to serve diverse entrepreneurs.
Regional players
- BOC Capital (Bank of Cooperatives): BOC Capital is a NYC-based CDFI providing loans and financial services to cooperatives, small businesses, and underserved communities. Comparable as a regional CDFI in the same NYC market offering micro/small business loans to underserved entrepreneurs.
Broad incumbents
- Pacific Community Ventures: Pacific Community Ventures is a CDFI and impact-focused organization providing loans and advising to small businesses in underserved markets. Comparable as an established, multi-state CDFI lender with overlapping mission-driven small business lending activities.
- Capital Impact Partners: Capital Impact Partners is a national CDFI providing financing and development services to support underserved communities. Comparable as an established CDFI lender operating in community development finance with overlapping product set.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Accompany Capital social profiles
Digital presenceAccompany Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Accompany Capital leadership team
Management profileNumber of profiles
Profiles20 records
Accompany Capital funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Accompany Capital M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Accompany Capital
What does Accompany Capital do?
Accompany Capital is a nonprofit Community Development Financial Institution (CDFI) that provides affordable credit, savings programs, and financial education to underserved micro and small business owners in New York City. Its core offerings include SBA Community Advantage Loans, NYC Future Fund Loans, Small Business Loans, Microloans, NYC Child Care Loans, Business Lines of Credit, and Credit-Building Loans, complemented by the Refugee Individual Development Account (IDA) Savings Program, Home Buying Program, women entrepreneur support, and business skills workshops. The organization primarily serves immigrants, refugees, asylees, and women entrepreneurs across NYC.
Is Accompany Capital a public or private company?
Accompany Capital is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Accompany Capital founded?
Accompany Capital was founded in 1997. It employs 11 to 50 people.
Where is Accompany Capital based?
Accompany Capital is headquartered in New York, United States, in the North America region.
How does Accompany Capital make money?
One revenue line is on record: micro and Small Business Lending.
Who are Accompany Capital's main competitors?
Direct peers on record are Ascendus, TruFund Financial Services, DreamSpring and Grameen America. Nonprofit Finance Fund is listed as an others. Emerging players are Justine PETERSEN Housing & Reinvestment Corporation and Lendistry. BOC Capital (Bank of Cooperatives) is listed as a regional player. Broad incumbents are Pacific Community Ventures and Capital Impact Partners.
Does Accompany Capital have an API?
No public API is recorded for Accompany Capital.
What industry is Accompany Capital in?
Accompany Capital's product category is Community Development Financial Services / Microfinance. 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 6159.