Business Center for New Americans (BCNA), a New York City CDFI and Small Business Administration-certified Micro and Community Advantage lender, rebranded as Accompany Capital. The name change reflects the company’s broader commitment to support clients not only with affordable capital but also with ongoing access to business training, one-on-one counseling, and technical assistance, according to a press release.

Along with the new name and brand, the organization unveiled a new website with a streamlined online loan application process. 

“The new name, Accompany Capital, allows us to emphasize that we are more than just a provider of affordable capital, we are partners with our clients and accompany them every step of the way on their entrepreneurial journeys,” Executive Director Yanki Tshering said in the release. “While our name has changed, our mission has not. Events like the ongoing COVID-19 crisis, as well as past challenges like Hurricane Sandy and the 2008 financial crisis, have only reinforced our commitment to our mission, about how best to support our clients through changing economic environments and about how to stay relevant and responsive.”

The name change is effective immediately.

“The current COVID-19 pandemic has underscored the indispensable role CDFIs play in low-and moderate-income communities, which have borne, and continue to bear, a disproportionate share of the pandemic-induced economic and health crises,” Board Chair Kwame Marfo said. “As an economic first responder, we are proud of our efforts in supporting our clients with emergency financial and technical support at time of their greatest need. Rebranding allows us to better position the organization for an accelerated growth phase as we expand our product and service offerings in our ever-expanding quest to empower entrepreneurial dreams, create jobs, and revitalize communities.”