Success Built
with Construction
Company Financing

Flexible financing is critical in order to build and grow a successful construction company. By customizing a financing solution around your business and trusting the experience of your financial partner, you can focus on building your dream.

A relationship built on trust

Accord has been financing the construction industry for more than a decade. Our deep experience in the business allows us to understand your challenges and opportunities, and structure flexible financing to your specific needs. We work with you directly and with your key equipment dealers, both local and national.

 

We approach our business with the same entrepreneurial spirit that you bring to yours. We built our business from the ground up, so we understand what it takes to succeed. Your application represents a business opportunity; we’ll take the time to understand it and deliver the financing to seize it. Whether you are an owner/operator, a large general contractor, or regional construction enterprise, we are on your side.

The construction industry has distinct opportunities and challenges, so how can you build financial success in the construction industry?

When priced properly and executed well, construction projects can generate healthy profits. But competitive bidding, demanding contracts, complex project management, and cash flow issues are all difficult to navigate. Plus, the economy can wreak havoc on even the strongest players.

Success on a job site hinges on having the right equipment to get the job done. Heavy equipment is expensive and depreciates quickly, especially under heavy use. This can make construction equipment financing a challenge of its own.

With construction equipment financing and working capital financing from Accord you can grow with us.

Whether you need to finance your construction equipment through an equipment lease, loan or purchase—or want to strengthen your working capital with a fast, flexible small business loan —let our strength and experience work for you.

For small construction companies, an AccordAccess term loan is the fastest, most flexible small business loan to invest up to $75,000 in your construction business. When you need quick capital to seize opportunities and drive growth, or manage through challenging events, AccordAccess is your bridge to success.

You need the right equipment to grow, and financing your construction assets makes them work twice as hard—both on the site and on the balance sheet. No matter how your construction business is built, Accord provides a variety of equipment financing solutions structured for your unique needs.

Real people, proven expertise, genuine relationships—you deserve financing that works for your construction company, enabling you to thrive.

At Accord, you deal with real people, so our relationship counts – a lot. As our relationship develops, so does your credit history and profile with us, which means that when your needs evolve, we will be there to help.

We are dedicated to understanding the unique needs and challenges of your construction business —this ensures that our comprehensive financing solutions are custom built for you and your industry.

Construction equipment financing from Accord gives you all the flexibility you need to:

  • Buy new or used construction equipment quickly and easily
  • Refinance existing equipment to put cash back into your business
  • Tailor payments to match your work cycle
  • Trade up if your requirements change
  • Leave your cash and other credit available to grow your business

While an AccordAccess small business loan helps you:

  • Improve your overall working capital position
  • Bridge the gap between paying job costs and collecting on finished work
  • Pay for construction equipment repairs
  • Benefit from additional small equipment
  • Sustain through an unexpected slowdown or unplanned one-time expense

Frequently Asked Questions

Construction financing starts with your business applying for a construction equipment loan from a bank or lender.

The lender will provide your company with a financing solution to fit your needs, usually secured through collateral.

You can borrow a certain amount based on a percentage of the value of the collateral, which is typically determined by the lender in connection with an appraiser.

To receive a construction equipment loan, the biggest requirement is to have enough collateral to service the debt.

A bad credit score does not necessarily mean you will not be approved for financing. Call us to discuss which of our construction loan solutions your business qualifies for: +1-844-932-9940 (Canada) /+1-844-725-4225 (US).

Accord Financial works at the speed of your business, to quickly structure and fund your equipment and other financing needs. Approval of equipment loans can often take as little as a week.

A construction equipment loan is a financing solution that enables you to leverage the value of your equipment through loans and leases. The additional working capital supports the acquisition of new equipment or refinancing of an existing equipment.

Closing costs are fees charged by banks and lending companies for the creation of the construction loan. The cost of this fee can vary from company to company depending on the type of loan.

After talking with an experienced expert at Accord, you can quickly get an estimated term sheet tailored to your construction business detailing any costs involved.

The vast majority of companies in the construction industry, like yours, can take advantage of Accord’s lending services.

We have provided construction equipment financing for a variety of projects, including:

  • hotels
  • hospitals
  • office buildings
  • development sites
  • entertainment outlets
  • shopping center
  • warehouses
  • outdoor activities

We offer different construction financing services, including equipment financing and small business loans, to cater to different types of construction companies.

Yes! You can receive financing for the equipment needed for your construction business, whether large or small, old or new. Call us today to discuss how you can benefit from our financing services: +1-844-932-9940 (Canada) /+1-844-725-4225 (US).

Yes! Accord offers construction equipment financing to companies headquartered in Canada and the US.

When looking for a finance company to suit your construction business’ needs, it is important to find an experienced lender who can provide flexible equipment financing options to meet your construction company’s unique needs.