ACE | Access to Capital for Entrepreneurs
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ACE | Access to Capital for Entrepreneurs

https://aceloans.org/
Last activity: 16.08.2024
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Categories: BusinessDevelopmentFinTechGrowthITLoanNonprofitOfficePersonalService
Access to Capital for Entrepreneurs (ACE) is a nonprofit community lender whose mission is to provide economic development to underserved people and communities, including low-income, minority and women borrowers. ACE is a non-profit organization that provides loans and business development resources to help its borrowers create and grow sustainable businesses which generate jobs.

Since 2000, ACE has provided more than $100 million in loans to over 1,300 businesses, saving or creating more than 10,000 jobs in Georgia. For small companies in a vulnerable stage of growth, an ACE loan can mean the difference between success and failure, and for larger companies, our assistance can enhance competitiveness and sustainability. ACE has emerged as a leader in responsive and innovative small business financing in Georgia. This leadership was recognized with a 2010 OFN Wells Fargo NEXT Award for innovation. In 2011, ACE was accepted into the Goldman Sachs 10,000 Small Businesses CDFI Growth Collaborative, a collaborative working-group of 21 CDFIs from around the country who focus on expanding small business lending capacity and CNN Money recognized ACE as one of the country’s top 10 microfinance organizations. In 2014, ACE was named by the Georgia office of the U.S. Small Business Administration as the Financial Services Champion of the Year, and Grace Fricks, ACE President and CEO was named as one of the 100 Most Influential Georgians by Georgia Trend Magazine.

Our personalized underwriting, flexible terms and ongoing business advisory assistance give your business the support and capital it needs to grow and thrive. Beyond the financial bottom line, we also offer “green” programs to help you become sustainable, operate efficiently and tap into new market opportunities.

ACE serves 68 Georgia counties, including metro Atlanta.

Visit our website at www.aceloans.org for more information.
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Location: United States, Georgia, Cleveland
Employees: 11-50
Phone: +1 678-335-5600
Total raised: $500K
Founded date: 1999

Funding Rounds 1

DateSeriesAmountInvestors
03.07.2024-$500K-

Mentions in press and media 10

DateTitleDescription
16.08.2024Founding President & CEO of ACE | Access to Capital for Entrepreneurs Grace Covington Fricks to RetireACE | Access to Capital for Entrepreneurs official logo I am deeply grateful for Grace’s contributions to ACE and her unwavering focus on our clients and staff. I thank Grace for her leadership and mentorship and look forward to our continu...
29.07.2024ACE Celebrates 24-Year Legacy of Funding Georgia Small Business Owners at It's 2024 Annual Awards FundraiserACE Annual Awards 2023 winners + emcee ACE | Access to Capital for Entrepreneurs official logo Takes place on Sep 19th in Atlanta to celebrate the achievements of entrepreneurs and partners who have made contributions to Georgia business co...
28.07.2024Adam Foley of Rabun County Joins ACE Team as Chief Credit OfficerAdam Foley, ACE Chief Credit Officer Former Commercial Loan Officer brings more than 26 years of financial industry experience to ACE. ATLANTA, GEORGIA, UNITED STATES, July 28, 2024 /EINPresswire.com/ -- ACE | Access to Capital for Entrepre...
03.07.2024ACE Receives $500,000 Investment From SynovusPictured L-R: Pamela Cross, Martina Edwards, and Nancy Merolla Affordable capital fuels successful business growth. This support from Synovus allows ACE to continue deepening our work to break down systemic barriers to capital access for Ge...
09.01.2024Shanon Stewart Appointed Chief Operations Officer of ACE | Access to Capital for EntrepreneursShanon Stewart. COO, ACE | Access to Capital for Entrepreneurs Former Chief Credit Officer brings more than 25 years of banking experience to new ACE role. CLEVELAND, GA, USA, January 9, 2024 /EINPresswire.com/ -- ACE | Access to Capital fo...
09.12.2022Access to Capital for Entrepreneurs receives $3.75 million grant from Truist Foundation to support expansion into South GeorgiaLargest grant in organization's history will be used to provide inclusive, affordable and flexible capital for minority-owned small businesses in rural, underserved Georgia communities ATLANTA, Dec. 9, 2022 /PRNewswire/ -- Truist Foundation...
09.12.2022Access to Capital for Entrepreneurs Receives $3.75 Million Grant From Truist Foundation To Support Expansion Into South GeorgiaATLANTA, GA / ACCESSWIRE / December 9, 2022 / Truist Foundation today announced a $3.75 million commitment to launch the Diverse, Equitable and Inclusive Small Business Capital strategy at Access to Capital for Entrepreneurs Inc. (ACE), a n...
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