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ACCION Offers Recovery Loans for Businesses Impacted by Wildfires in Arizona, Colorado and New Mexico



FOR IMMEDIATE RELEASE
Contact: Vice President of Lending and Client Service Leslie Hoffman
(505) 243-8844 ext. 5022, (505) 270-0285 cell
 
Albuquerque, N.M. (June 29, 2011) – ACCION New Mexico • Arizona • Colorado (ACCION) is offering financial assistance to businesses affected by recent and ongoing wildfires in New Mexico, Arizona and Colorado.  Effective immediately, ACCION is offering low-cost fire recovery loans of up to $5,000 to businesses in Catron, Chaves, Colfax, Eddy, Lee, Los Alamos, Mora, Sandoval, Santa Fe, Socorro, Taos and Valencia counties in New Mexico; Apache, Cochise, Graham, Grant, Greenlee and Navajo counties in Arizona and Bent, Boulder, Larimer, Las Animas and Summit counties in Colorado.  The loans are interest-free for six months and subject to ACCION’s standard loan fees.  ACCION is accepting applications for the fire recovery loans through August 30, 2011.  To learn more or to apply for a fire recovery loan, business owners may call ACCION toll-free at 1-800-508-7624.  They can also access ACCION’s loan application online at www.accionnm.org/small-business-loan-application.php.
 
ACCION is dedicated to helping entrepreneurs and small business owners fuel income generation, asset creation, employment opportunities and financial success through business ownership.  The organization offers business loans between $200 and $300,000, along with training, networking and other support services to clients who own or want to start a business.
 
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Founded in 1994, ACCION has financed the start-up, operation and/or growth of 3,160 businesses through 4,972 loans totaling more than $32.4 million. The organization serves entrepreneurs in 258 urban and rural communities in New Mexico, Arizona and Colorado.ACCION’s client businesses report creating or sustaining an estimated 5,056 jobs.
 
Please visit us at www.accionnm.org or call 1-800-508-7624.
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