{"id":2645,"date":"2012-10-23T15:00:35","date_gmt":"2012-10-23T21:00:35","guid":{"rendered":"http:\/\/financenewmexico.5e-dev.net\/?p=2645"},"modified":"2019-08-09T14:53:33","modified_gmt":"2019-08-09T20:53:33","slug":"accion-new-mexico-%e2%80%a2-arizona-%e2%80%a2-colorado","status":"publish","type":"post","link":"https:\/\/financenewmexico.org\/sandbox\/uncategorized\/accion-new-mexico-%e2%80%a2-arizona-%e2%80%a2-colorado\/","title":{"rendered":"Accion &#8211; Now known as DreamSpring"},"content":{"rendered":"<p>A nonprofit organization that increases access to business credit, makes <a title=\"Loan\" href=\"http:\/\/financenewmexico.org\/glossary\/loan\/\">loans<\/a> and provides training which enables New Mexico-based\u00a0<a title=\"Entrepreneur\" href=\"http:\/\/financenewmexico.org\/glossary\/entrepreneur\/\">entrepreneurs<\/a> <!--more-->to realize their dreams.\u00a0Since 1994, DreamSpring has provided more than 14,000 loans totaling over $142 million to entrepreneurs in 600 New Mexico, Arizona, Colorado, Nevada, and Texas communities.<\/p>\n<p>The small businesses funded by the organization have created or sustained an estimated 20,000 jobs.In 2018, 90 percent of loans issued by the organization went to low-to-moderate income, minority and\/or women entrepreneurs.<\/p>\n<div class=\"half\">\n<h2>Type of Businesses Served<\/h2>\n<ul>\n<li>Wide variety of businesses, from restaurants and artisans to <a title=\"Manufacturing Industry\" href=\"http:\/\/financenewmexico.5e-dev.net\/glossary\/manufacturing-industry\/\">manufacturers<\/a> and mechanics.<\/li>\n<\/ul>\n<h2>Stage of Businesses Served<\/h2>\n<ul>\n<li><a title=\"Start-Up Business\" href=\"http:\/\/financenewmexico.5e-dev.net\/glossary\/start-up-business\/\">Start-ups<\/a><\/li>\n<li><a title=\"Established Business\" href=\"http:\/\/financenewmexico.5e-dev.net\/glossary\/established-business\/\">Established businesses<\/a><\/li>\n<\/ul>\n<p><span style=\"color: #000000;\"><strong>Funding Style<\/strong><\/span><\/p>\n<ul>\n<li><a title=\"Loan\" href=\"http:\/\/financenewmexico.5e-dev.net\/glossary\/loan\/\">Loans<\/a><\/li>\n<li><a title=\"Line of Credit\" href=\"http:\/\/financenewmexico.5e-dev.net\/glossary\/line-of-credit\/\">Lines of Credit<\/a><\/li>\n<\/ul>\n<p><span style=\"color: #000000;\"><strong>Funding Range<\/strong><\/span><\/p>\n<ul>\n<li><a title=\"Loan\" href=\"http:\/\/financenewmexico.5e-dev.net\/glossary\/loan\/\">Loans<\/a>\u00a0and\u00a0<a title=\"Line of Credit\" href=\"http:\/\/financenewmexico.5e-dev.net\/glossary\/line-of-credit\/\">Lines of Credit<\/a> from $1,000 to $2,000,000<\/li>\n<\/ul>\n<p><strong>Online Loan Application<\/strong><br \/>\nStart an online application <a href=\"https:\/\/flare.dreamspring.org\/\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a>.<\/p>\n<\/div>\n<div class=\"half\">\n<div id=\"attachment_3664\" style=\"width: 280px\" class=\"wp-caption alignnone\"><img aria-describedby=\"caption-attachment-3664\" loading=\"lazy\" class=\" wp-image-3664 \" src=\"http:\/\/financenewmexico.org\/wp-content\/uploads\/2012\/10\/Accion_Mark-Medley-signing2-300x156.png\" alt=\"Accion team\" width=\"270\" height=\"140\" srcset=\"https:\/\/financenewmexico.org\/sandbox\/wp-content\/uploads\/2012\/10\/Accion_Mark-Medley-signing2-300x156.png 300w, https:\/\/financenewmexico.org\/sandbox\/wp-content\/uploads\/2012\/10\/Accion_Mark-Medley-signing2-500x261.png 500w, https:\/\/financenewmexico.org\/sandbox\/wp-content\/uploads\/2012\/10\/Accion_Mark-Medley-signing2.png 646w\" sizes=\"(max-width: 270px) 100vw, 270px\" \/><p id=\"caption-attachment-3664\" class=\"wp-caption-text\">Mark Medley of ID Theft Resolutions with the Accion team at his loan signing<\/p><\/div>\n<h2>Applicant Requirements<\/h2>\n<ul>\n<li>Strong commitment to managing the credit provided.<\/li>\n<li>Strong commitment to the business and its development.<\/li>\n<li>For <a title=\"Loan\" href=\"http:\/\/financenewmexico.5e-dev.net\/glossary\/loan\/\">loans<\/a> $35,000+, <a title=\"Business Plan\" href=\"http:\/\/financenewmexico.5e-dev.net\/glossary\/business-plan\/\">business plan<\/a>, three years of personal or business tax returns<\/li>\n<li><a title=\"Collateral\" href=\"http:\/\/financenewmexico.5e-dev.net\/glossary\/collateral\/\">Collateral<\/a> (for loans below $5,000, can have qualified co-signer in place of <a title=\"Collateral\" href=\"http:\/\/financenewmexico.5e-dev.net\/glossary\/collateral\/\">collateral<\/a>)<\/li>\n<\/ul>\n<h2>Resources Provided<\/h2>\n<ul>\n<li>Financial literacy training<\/li>\n<li>Credit review for applications<\/li>\n<li>Technical assistance referrals<\/li>\n<li><a title=\"Mentor\" href=\"http:\/\/financenewmexico.org\/glossary\/mentor\/\">Mentorship<\/a> opportunities for clients<\/li>\n<\/ul>\n<\/div>\n<p><br class=\"endcolumns\" \/><strong>Read articles<\/strong><\/p>\n<ul>\n<li><a style=\"font-size: medium; font-style: normal;\" href=\"http:\/\/financenewmexico.org\/articles\/obtaining-a-loan\/lender-client-relationship-built-on-trust-mutual-benefits\/\">Lender-Client Relationship Built on Trust, Mutual Benefits<\/a><\/li>\n<li><a href=\"http:\/\/financenewmexico.org\/articles\/obtaining-a-loan\/more-than-microloans-accion-helps-trio-launch-new-brewery\/\">More than Microloans: Accion Helps Trio Launch New Brewery<\/a><\/li>\n<li><a href=\"http:\/\/financenewmexico.org\/articles\/obtaining-a-loan\/identity-theft-victim-gets-accion-loan-to-start-educational-nonprofit\/\">Identity Theft Victim Gets Accion Loan to Start Educational Nonprofit<\/a><\/li>\n<li><a href=\"http:\/\/financenewmexico.org\/articles\/obtaining-a-loan\/know-the-landscape-before-requesting-a-small-business-loan\/\">Know the Landscape Before Requesting a Small Business Loan<\/a><\/li>\n<li><a href=\"http:\/\/financenewmexico.org\/articles\/starting-or-growing-a-business\/accion-loan-helps-couple-expand-tea-business-beyond-new-mexico\/\">Accion Loan Helps Couple Expand Tea Business Beyond New Mexico<\/a><\/li>\n<li><a href=\"http:\/\/financenewmexico.org\/articles\/starting-or-managing-a-non-profit\/loan-helps-equine-therapist-treat-veterans-with-ptsd\/\">Loan Helps Equine Therapist Treat Veterans With PTSD<\/a><\/li>\n<li><a href=\"http:\/\/financenewmexico.org\/articles\/obtaining-a-loan\/accions-presto-loans-offer-quick-affordable-credit-to-small-businesses\/\">Accion\u2019s Presto Loans Offer Quick, Affordable Credit to Small Businesses<\/a><\/li>\n<li><a href=\"http:\/\/financenewmexico.org\/articles\/obtaining-a-loan\/clovis-video-producer-gets-boost-with-accion-loan\/\">Clovis Video Producer Gets Boost With Accion Loan<\/a><\/li>\n<li><a href=\"http:\/\/financenewmexico.org\/articles\/obtaining-a-loan\/real-estate-loans-help-business-owner-promote-community-health\/\">Real Estate Loans Help Business Owner Promote Community Health<\/a><\/li>\n<li><a href=\"http:\/\/financenewmexico.org\/articles\/starting-or-growing-a-business\/loan-helps-couple-open-studio-to-enrich-clients-physical-spiritual-lives\/\">Loan Helps Couple Open Studio to Enrich Clients\u2019 Physical, Spiritual Lives<\/a><\/li>\n<li><a href=\"http:\/\/financenewmexico.org\/articles\/obtaining-a-loan\/evolving-business-returns-to-accion-for-commercial-real-estate-loan\/\">Evolving Business Returns to Accion for Commercial Real-Estate Loan<\/a><\/li>\n<li><a href=\"http:\/\/financenewmexico.org\/articles\/obtaining-a-loan\/loan-helps-college-student-build-business-on-barrel-racing-bling\/\">Loan Helps College Student Build Business on Barrel-Racing Bling<\/a><\/li>\n<li><a href=\"http:\/\/financenewmexico.org\/articles\/starting-or-growing-a-business\/accion-teams-with-national-craft-brewer-to-coach-local-entrepreneurs\/\">Accion Teams With National Craft Brewer to Coach Local Entrepreneurs<\/a><\/li>\n<li><a href=\"http:\/\/financenewmexico.org\/articles\/obtaining-a-loan\/woodworking-business-gets-startup-help-from-accion\/\">Woodworking Business Gets Startup Help from Accion<\/a><\/li>\n<li><a href=\"http:\/\/financenewmexico.org\/articles\/obtaining-a-loan\/air-force-veterans-business-growth-enabled-by-accion\/\">Air Force Veteran\u2019s Business Growth Enabled by Accion<\/a><\/li>\n<li><a href=\"http:\/\/financenewmexico.org\/articles\/obtaining-a-loan\/early-assist-from-accion-helps-business-owner-train-next-generation-of-entrepreneurs\/\">Early Assist From Accion Helps Business Owner Train Next Generation of Entrepreneurs<\/a><\/li>\n<li><a href=\"http:\/\/financenewmexico.org\/articles\/obtaining-a-loan\/pilot-program-allows-accion-greater-flexibility-in-business-lending\/\" target=\"_blank\" rel=\"noopener noreferrer\">Pilot Program Allows Accion Greater Flexibility in Business Lending<\/a><\/li>\n<li><a href=\"https:\/\/financenewmexico.org\/articles\/obtaining-a-loan\/landscape-business-puts-down-roots-with-help-from-accion\/\">Landscape Business Puts Down Roots With Help From Accion<\/a><\/li>\n<li><a href=\"https:\/\/financenewmexico.org\/articles\/starting-or-growing-a-business\/nonprofit-lenders-lower-startup-funding-risk\/\">Nonprofit Lenders Lower Startup Funding Risk<\/a><\/li>\n<li><a href=\"https:\/\/financenewmexico.org\/articles\/obtaining-a-loan\/loan-enables-investment-in-vintage-motel-local-economy\/\">Loan Enables Investment in Vintage Motel, Local Economy<\/a><\/li>\n<\/ul>\n<h2>Contact<\/h2>\n<p><a href=\"http:\/\/www.dreamspring.org\">www.dreamspring.org<\/a> or 1-888-265-5676<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A nonprofit organization that increases access to business credit, makes loans and provides training which enables New Mexico-based\u00a0entrepreneurs<\/p>\n","protected":false},"author":3,"featured_media":4939,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/financenewmexico.org\/sandbox\/wp-json\/wp\/v2\/posts\/2645"}],"collection":[{"href":"https:\/\/financenewmexico.org\/sandbox\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financenewmexico.org\/sandbox\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financenewmexico.org\/sandbox\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/financenewmexico.org\/sandbox\/wp-json\/wp\/v2\/comments?post=2645"}],"version-history":[{"count":84,"href":"https:\/\/financenewmexico.org\/sandbox\/wp-json\/wp\/v2\/posts\/2645\/revisions"}],"predecessor-version":[{"id":10237,"href":"https:\/\/financenewmexico.org\/sandbox\/wp-json\/wp\/v2\/posts\/2645\/revisions\/10237"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financenewmexico.org\/sandbox\/wp-json\/wp\/v2\/media\/4939"}],"wp:attachment":[{"href":"https:\/\/financenewmexico.org\/sandbox\/wp-json\/wp\/v2\/media?parent=2645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financenewmexico.org\/sandbox\/wp-json\/wp\/v2\/categories?post=2645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financenewmexico.org\/sandbox\/wp-json\/wp\/v2\/tags?post=2645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}