Financial Services

Non-recourse factoring

In its 30 years in operation, Accord has emerged as a front-runner in Canadian non-recourse factoring. The industries we serve range from the old-world economy to the technology of today. We offer more regional representation than our competitors and have one of the top-ranked credit departments in the country with an immense amount of experience and expertise.

Contact Accord Business Credit Inc.

Recourse factoring

Offered in both the Canadian and U.S. markets, Accord’s recourse factoring services focus on small to medium-sized companies which larger asset-based lenders overlook. Our extensive access to capital positions Accord as a very reliable source of funds at competitive rates. We strive to provide superior customer service, flexible solutions and rapid responses, combined with disciplined underwriting.

Contact Montcap Financial Corp. for Canadian financing or Accord Financial Inc. for U.S Financing.

International trade financing

Our international department has received world-wide recognition and quality service awards. Our strong correspondent relationships and financing facilities allow Accord to provide superior service to a growing network of clients, domestic and foreign.

Contact Accord Business Credit Inc. or Montcap Financial Corp.

Asset-based lending

Accord provides financing against assets such as inventory, equipment and real estate, as well as purchase order financing. Recent expansions in this area of business include providing small and medium sized retailers with inventory financing.

Contact Montcap Financial Corp.for Canadian financing or Accord Financial Inc.for U.S Financing.

How Our Clients Benefit

Accord Provides Financial Services
Non-recourse factoring	Outsourcing of accounts receivable departments including the risk of customer default
Recourse factoring	Financing by purchasing accounts receivable for cash
International trade financing	Providing first-rate services to both exporters and importers
Asset-based lending	Financing tangible assets such as inventory, equipment and real estate
Accord Provides Client Benefits
Access to credit and collection records going back 30 years	Fast credit responses, usually in less than 24 hours
Outstanding customer service offered by highly trained and experienced staff	Clients and customers are treated courteously and professionally
Up to the minute record-keeping	Clients can access their account on-line
Prompt settlement of credit losses	Client business is not unduly affected by bad debts (in the case of guaranteed receivables)
Member of Factors Chain International, a world-wide network of factoring companies, since 1988	Clients can ship to 63 countries and obtain credit protection and collection service as if it were domestic business
Fast due diligence and decision making	Quick response to important credit and loan requests
Shareholders’ equity and borrowing capacity of approximately $130 million	Ability to finance your company without interruption subject to a borrowing limit of $10 million
Operations in the United States and Canada	Doesn’t matter where you are, we cover from the Rio Grande to the Arctic Circle
Flexible lending criteria	Receivables are our bread and butter, but if extra funding is required we’ll look to inventory, equipment and real estate to provide a total financial solution