Accord supports middle-market expansion with $45 million financing for a leading plastic moldings manufacturer
Accord Financial Inc. with Mountain Ridge Capital (“MRC”), has announced the successful closing of a $45 million senior credit facility for a leading North American plastic moldings manufacturer. As a longstanding client, the company has demonstrated significant year-over-year growth, prompting an expansion of its financing facility to better support its continued momentum.
This increased facility will provide the working capital required to help the company meet rising demand, scale operations, and pursue new growth opportunities in the manufacturing sector. As a trusted lending partner, Accord’s flexible asset-based financing solutions were a natural fit for the company’s evolving needs.
Accord stepped in alongside MRC to deliver tailored liquidity and capital support. The expanded facility demonstrates Accord’s commitment to empowering middle-market businesses with scalable financing that accelerates growth.
As always, Accord’s ability to move quickly and decisively, coupled with its longstanding relationships with financial partners like MRC, was instrumental in delivering a successful outcome for the client.
About Accord Financial Corp.
Accord Financial is North America’s most dynamic commercial finance company, providing fast, versatile financing solutions for companies in transition. Our services include asset-based lending, factoring, inventory finance, equipment leasing in Canada, trade finance, and film/media finance. By leveraging our unique combination of financial strength, deep experience, and independent thinking, we craft winning financial solutions for both small businesses and medium-sized enterprises simply delivered, so our clients can thrive. For over 45 years, Accord has helped businesses manage their cash flows and maximize financial opportunities.