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Combining innovative growth strategies with flexible financing solutions

Mid-market companies across the globe are currently constrained by supply chain difficulties. But what happens when growth is hindered by liquidity, labor or capacity?

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10.20.21

Rural Broadband “Gold Rush”

“We’re in the first inning” proclaimed Calix Networks’ Chairman & CEO Carl Russo about the current period of robust activity within the communications space in response to a question posed to a panel assembled at Rural Broadband Symposium 2021.

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10.07.21

When Does Factoring Make the Most Sense?

A company can be profitable but still find themselves in a cash crunch when outstanding invoices have not been paid. If the balance sheet isn’t strong enough for conventional financing, you should consider factoring.

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09.28.21

Entrepreneur Enjoying Alternative Lending Benefits

4 benefits of alternative lending for businesses

Alternative financing can be beneficial for businesses of all sizes, offer many advantages and is cost-effective. With asset-based loans and other financing solutions, alternative lenders effectively fill in financing gaps for businesses and entrepreneurs.

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07.28.21

Entrepreneur Enjoying Alternative Lending Benefits

Factoring is a great option for the transportation industry

Cash flow is a common problem in the transportation industry. The pain point for most transport businesses arises from the mismatch between the cash payments received from customers and the cash payments they have to make for operating expense, especially fuel and labor.

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06.16.21

The Path to Digital Transformation

Transformation is increasingly less of a choice in financial services. As companies embrace digital technologies, the process is often easier said than done. Accord has been on a digital transformation journey for the past three years. In a recent article in Information Week, Eric Starr, Accord's SVP, Program Operations and Risk, shares tips learned through this process.

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05.19.21

Accord & Capital Markets Partnerships – Discussion with Jeff Armstrong,... Accord & Capital Markets Partnerships – Discussion with Jeff Armstrong, Director, Capital Markets

Accord's Capital Markets group was created to fund lending opportunities in a collaborative manner with other financing companies, enabling us to meet the larger needs of customers.

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05.12.21

Sporting goods business financing: Exploring asset-based lending solutions

Although much of the sporting goods sold in North America are imported from overseas, there has been an increase in reshoring for many categories. Working capital needs differ greatly between domestic production and importing to get from design to collecting accounts receivable post-sale in the cash conversion cycle.

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04.13.21

Accord Purchase Order Financing… What is it and how does... Accord Purchase Order Financing… What is it and how does it work?

When business owners reach out to discuss their working capital requirements, many have a need relating to purchase order financing, or PO financing. In the simplest form, they have an order or pipeline of orders, but lack the cash flow to be able to convert their orders into sales.

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03.23.21