Bridge through Unexpected Events with Flexible Financing from Accord
When your business takes an unexpected turn, Accord is your bridge to success. Your access to fast, flexible capital starts here.
When you come to a fork in the road, take it
Every business has its challenges. Successful business leaders focus on what they can control: their strategy, growth plans, efficiency and customer satisfaction. But even with all the right pieces in place, unexpected events can happen.
- Do you have an opportunity to take on an unusually large project or order?
- Are you planning to open a new location or start a new line of business?
- Are you facing unplanned or emergency equipment repairs?
- Has weather or another natural event caused a surprise slowdown or temporary halt in your business?
- Has a large customer defaulted on their debt to you?
Any of these events could end up a missed opportunity or even worse, cause harm to your business. The solution is fast, flexible bridge financing, when you need it, on terms that work for you.
Seize the opportunity with fast access to capital
The fastest, most flexible way to finance an unexpected event is to apply for an AccordAccess small business loan. An AccordAccess small business loan provides up to $75,000, repaid over a term up to 18 months with simple, fixed weekly payments.
This program was designed specifically to help you manage short-term events, including:
- Financing an important new purchase order
- Paying for equipment repairs
- Managing cash-flow in the case of a customer credit loss
When you need fast access to capital, Accord is ready to work. Once you submit your application, the entire process moves quickly, and in many cases your small business loan is funded the next business day – direct to your bank account.
The fast approval time and short repayment term makes it easy to borrow when you need it, and pay it back once the business challenge has been met. And AccordAccess is typically offered without the need to pledge collateral, which means you have full flexibility to maintain all your other forms of financing.
When you need quick capital to take advantage of growth opportunities or manage through challenging events, make AccordAccess your bridge to success.
Unlock cash from equipment you already own
If your business owns equipment, the solution to your short-term financing challenge may already be in your warehouse, yard or on a job site. When you need to access cash quickly, you can refinance existing assets with a new lease or equipment finance loan. This is a great way to unlock fresh capital, giving you the funds you need to seize an opportunity or manage an unexpected challenge.
Refinancing your equipment with Accord can provide up to $2.5 million. While many clients finance less than $250,000, we’re equally comfortable financing ten times that amount, provided there is significant equity in your equipment. And you can use this new capital to solve almost any business challenge you face.
There are many benefits to refinancing your equipment:
- Terms up to five years can minimize your monthly payments, giving you stronger cash flow to manage your business profitably
- If you’re in a seasonal industry like tourism or forestry, we can vary the monthly payments to match your seasonal cycles
- Equipment finance leaves your bank and other credit lines open for other uses
Refinancing equipment is ideal when the opportunity or challenge has an unknown timeframe, possibly lasting several years or more. This could include:
- Starting up a new line of business, which might take time to reach breakeven
- A severe natural or economic event with an unpredictable recovery time
- A potential acquisition, which requires creative financing from multiple sources
If any of these situations sound familiar, call Accord. We can leverage our passion and experience to fully understand your challenge and find a creative solution to keep your business on track.
For more than a decade we’ve provided lease and loan financing to entrepreneurs across a broad range of industries, from retail, restaurant and hospitality, to transportation and construction, manufacturing and more. Even if your equipment is older or nonconventional, your solution starts with Accord.
Take the risk out of your accounts receivable
What if you could prevent one of the most common unplanned expenses, which happens across all industries? It’s very difficult to predict which customer will default on their payment to you, but you know eventually one of them will. A bad debt loss, especially from a large customer, can put your entire business at risk.
The ideal way to eliminate this risk is simply to outsource it to Accord. When you outsource your accounts receivable management to Accord, we can also guarantee you’ll get paid. Accord does all the analysis and makes the credit decision for you. And like credit insurance, we pay you if your customer can’t.
For a simple fee, often less than the early payment discount you offer your customers, Accord delivers:
- Full credit & collection service with a dedicated team working for you
- 100% accounts receivable guarantees with no deductibles
When you choose Accord for your accounts receivable management, you’ve got one of North America’s most experienced teams on your side. For nearly 40 years we’ve provided cost-effective, risk-free credit guarantees and collection services. With complete coverage of North America and strong alliances worldwide, you can trust our knowledge, expertise and connections to deliver superior results across all industries.
If you are a US or Canadian importer, exporter, manufacturer or distributor Accord’s accounts receivable management services are right for you.
Unexpected events can happen to any business, anywhere, anytime
Accord is ready to help no matter what business you’re in. Our clients represent a cross-section of dynamic industries from coast to coast, including:
- Professional practices
- Wholesale & Retail
- Import and export
- Food & beverage
- Hotels & restaurants
- Health care
- And many more
With a broad range of solutions, Accord can help no matter what the challenge.