Opportunity Fund - San Jose, CA
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  1. #1
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    Opportunity Fund - San Jose, CA

    I got a pretty expensive direct mail piece sent to my office from these guys today. Says they are a "not-for-profit" looking to get me out of my merchant cash advance.

    Here's the kicker - says they are certified by the US Treasury Department.

    Anyone heard of these guys?

  2. #2
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    Opportunity Fund - San Jose, CA

    Yes they are legit

  3. #3
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    Opportunity Fund - San Jose, CA

    Thanks, wasn't implying they weren't legit, just wondering about the details. I didn't know the feds were subsidizing non profits to help people out of MCA. The letter says that these "loans" damage businesses. Kind of an attack on our space.

  4. #4
    If that helps here is their website and one of their promotions

    http://www.opportunityfund.org/loans/

    http://www.eventbrite.com/e/merchant...ts-11089847031

    but anyone know if they are only doing this in California?

  5. #5
    Quote Originally Posted by Cashfunder01 View Post

    but anyone know if they are only doing this in California?
    Outside of California: Accion USA, (866) 245-0783
    http://us.accion.org/

  6. #6
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    I'm sure they are going to be very selective who they take. this isn't new as I first heard of this in calif 15 mos ago

  7. #7
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    Opportunity Fund - San Jose, CA

    The marketing seems really aggressive for a not for profit government backed or certified program. The mailer they sent me must have cost over a dollar per piece. If they are being selective, it would be a surprise to me.

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