Company Information

Get to know Allies for Community Business

Allies for Community Business, formerly known as Accion Chicago, is a non-profit community development financial institution (CDFI). Founded in 1994, its mission is to provide the resources entrepreneurs need to start and grow businesses that create jobs and build wealth in their communities. The organization focuses on serving under-resourced communities, including entrepreneurs of color, women, and those with low-to-moderate incomes, by offering flexible business loans, expert business coaching, and valuable networking opportunities.

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Financial FundraisingPRIMARY
Financial Other Service

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Allies for Community Business

United States

Founded in

1994 (32 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

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BVI FSC

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.