Supply chain finance is safe, secure and simple with AccordOctet. Our flexible international trade financing complements existing credit lines, and gives you a trading advantage.
Enjoy seamless integration with your suppliers. Our supply chain finance program is backed by a state-of-the-art portal, connecting your business, your suppliers and Accord, enabling a seamless flow of documentation and funds.
Using secure online access, you can review and authorize transactions online, and Accord pays your suppliers within twenty-four hours. You then have up to 60 days interest-free to repay Accord, with the option to defer up to 75% of the balance for an additional 60 days.
We don’t ask for any security, which means you’re free to use supply chain finance alongside other secured international trade financing arrangements now and in the future.
Optimizes the cash flow cycle:
Using supply chain finance allows you to increase the size and frequency of your orders. The program can also drive growth by providing extra credit for large orders and/or peak periods, which promotes and enhances growth opportunities.
Quick trade settlement puts you in a stronger negotiating position with your suppliers, which means better pricing and supplier loyalty. Plus, suppliers often offer early payment discounts, which reduce your overall supply chain finance cost.
Does your business qualify?
We welcome your application for supply chain finance if this describes your business:
- Your business has 2 or more years of operating history
- Minimum annual sales of $1,000,000
- Your business is profitable (on a cash-flow basis)
- The business has positive tangible equity
- You have complete and current financial statements
- You would benefit from supply chain finance between $100,000 and $1,000,000
Supply chain finance is an excellent source of additional funding for companies already financed in other ways. AccordOctet frequently augments:
- Asset-based lending (including PO financing / Letters of credit and DIP financing)
- Accounts receivable financing / Factoring
- Accounts receivable management
- Equipment finance
- Small business loans
Consolidating all of these services under the Accord umbrella can simplify your financing and optimize your leverage, both secured and unsecured.
The AccordOctet portal facilitates a seamless flow of documents and funds between you and your suppliers anywhere in the world—simplifying international transactions.