What is Inventory Financing?
Companies need flexible financing options to meet their cash flow needs, because there’s no telling when exciting growth opportunities will present themselves.
Accord Financial Introduces EDC Trade Recovery Guarantee
While the Business Credit Availability Program (BCAP) Guarantee officially ended on December 31st 2021, Accord Financial and Export Development Canada (EDC) understand that there are still challenges brought on by the pandemic such as supply chain issues, labor shortages and, most recently, high inflation.
Accord Financial Relaunches AccordExpress, Providing Financial Support for Canadian Entrepreneurs... Accord Financial Relaunches AccordExpress, Providing Financial Support for Canadian Entrepreneurs Throughout the Export Supply Chain
Accord Financial Corp. (“Accord”) today announced the relaunch of AccordExpress, Accord’s unique small business financing program. For 2022, AccordExpress is tailored to support companies engaged all the way along the export supply chain. Direct exporters, as well as indirect exporters (companies supporting exporters with goods and services), are invited to apply.
Accord Increases Quarterly Dividend to 7.5 Cents Per Common Share
Accord Financial Corp. (TSX – ACD) today announced that its Board of Directors has declared a quarterly dividend of $0.075 per common share, payable March 1, 2022, to shareholders of record at the close of business February 15, 2022. This represents a 50 percent increase from $0.05 per share paid in recent quarters.
Accord Financial Expands Executive Team: Todd Eubanks Joins As Senior... Accord Financial Expands Executive Team: Todd Eubanks Joins As Senior Vice President, Underwriting & Portfolio Risk
Accord Financial Corp., one of the U.S. and Canada’s leading independent finance companies ("Accord") (TSX: ACD) announced the hiring of Todd Eubanks as SVP, Underwriting and Portfolio Risk. As a member of the Executive Leadership team, he will be responsible for setting the direction of the company’s credit risk functions, culture and policies, helping to advance Accord’s credit strategy and the processes and controls designed to mitigate risks within the loan portfolio.
What is Bridge Financing?
Bridge financing or bridge loans are aptly named because they “bridge the gap” between an unexpected event and a long-term financing solution to prevent a cash crunch. While bridge financing is often used in real estate transactions for homeowners, businesses can benefit from it as well.
Jim Hogan Named President, U.S. Asset Based Lending for Accord... Jim Hogan Named President, U.S. Asset Based Lending for Accord Financial
Accord Financial Corp., one of the U.S. and Canada’s leading independent finance companies ("Accord") (TSX: ACD) announced the appointment of Jim Hogan as President, U.S. Asset Based Lending (ABL) as of January 1, 2022.
Accord Financial Closes $100 Million Securitization Facility
Accord Financial Corp., one of the U.S. and Canada’s leading independent finance companies ("Accord") (TSX: ACD) announced the closing of its first private securitization facility agented by a Fortune 500, A.M. Best A+ rated Canadian life insurance company.
Accord Financial Provides $15M Growth Funding Solution for Oil and... Accord Financial Provides $15M Growth Funding Solution for Oil and Gas Services Client
Accord Financial is pleased to announce that it closed a $15M facility for an oil and gas services company. Our newest client provides transportation, environmental and related services to the Oil and Gas sector.