Accompany Capital Fact Sheet FY2021
Accompany Capital’s FY2021 Fact Sheet highlights a year defined by resilience, recovery, and reopening as the organization helped immigrant, refugee, and underserved entrepreneurs navigate the ongoing challenges of the COVID-19 pandemic while rebuilding their businesses and communities. The fact sheet showcases Accompany Capital’s largest annual lending volume to date, along with significant investments in technical assistance, business growth, and economic recovery efforts across New York City.
Key FY2021 Highlights
- Financial Impact: Disbursed $7,219,523 through 319 new loans, supporting 771 active borrowers across New York City. [Accompany…ual Report | PDF]
- Business Growth: Helped start 21 new businesses and supported 669 businesses in expanding and strengthening their operations during a challenging economic environment.
- Job Creation & Retention: Created 29 full-time jobs and 60 part-time jobs, while helping businesses retain 1,380 jobsthroughout the recovery period.
- Inclusive Lending: Served a diverse borrower base, including 68% immigrants, 43% women, and 13% refugees.
- Exceptional Portfolio Performance: Maintained an extraordinarily low 0.03% loan loss rate, reflecting strong borrower performance and Accompany Capital’s hands-on support model.
- Industry Reach: Supported businesses across a variety of sectors, with the largest number of loans going to Transportation (90 loans), Services (83 loans), Beauty (62 loans), Food (38 loans), Retail (30 loans), and Goods (11 loans).
Download the FY2021 Fact Sheet for full details on sector breakdowns, loan performance, and complete workshop offerings.
