Unexpected events can happen to any business, anywhere, anytime. May it be a great opportunity, the economy, your market shifting or a law suit, when it comes, you may not be financially ready for it. When your business takes an unexpected turn, Accord is your bridge to success. Your access to fast, flexible capital starts here.
Bridge through unexpected events with Accord's flexible solutions
Flexible Financing Options for Unexpected Events
These services were designed to help you manage unexpected events:
Ideal to finance growth, an acquisition, or support a turnaround, Accord’s fast and flexible lending solutions help small and medium-sized businesses (SMEs) manage their critical transactions.Learn More
Small Business Loans
With small business loans up to $75,000, AccordAccess provides you with quick capital so that you can take advantage of growth opportunities or manage challenging events.Learn More
Whether you’re unlocking cash from equipment you already own or financing new asset acquisition, Accord provides fast, flexible financing solutions to help your business grow.Learn More
Challenges of Unexpected Events
Every business has its challenges. Successful business leaders focus on what they can control: their strategy, growth plans, efficiency and customer satisfaction. But even with all the right pieces in place, unexpected events can happen.
- Do you have an opportunity to take on an unusually large project or order?
- Are you planning to open a new location or start a new line of business?
- Are you facing unplanned or emergency equipment repairs?
- Has weather or another natural event caused a surprise slowdown or temporary halt in your business?
- Has a large customer defaulted on their debt to you?
Any of these events could end up a missed opportunity or even worse, cause harm to your business. The solution is fast, flexible bridge financing, when you need it, on terms that work for you.
Frequently Asked Questions
There are many types of unexpected events your company might face that require financing. Examples of some unexpected events include:
- emergency repairs
- a surprise change in supply needs
- a new opportunity with significant upfront costs
A bridge loan is a short-term business loan—typically secured by your company’s assets or other guarantees—that support your financing needs until a more permanent solution is obtained. Bridge loans are great to use when something unexpected comes up, because your company can quickly obtain this type of loan.
When an unexpected situation arises, and your business becomes in need of a quick loan solution, a bridge loan is there to provide immediate capital, “bridging the gap” between the unexpected event and a long-term or permanent solution. Bridge Loans will provide you with the financial resources needed to operate as you seek out a fitting long-term solution.
Yes, Accord offers bridge loan financing in Canada, including Ontario and Quebec. Companies in the US – including California, Texas, Seattle, Massachusetts, Florida, Chicago and everything in between – can also benefit from Accord’s bridge loans.
The entire process of applying for a bridge loan moves quickly. With a viable bridge loan strategy, Accord will work with you to quickly structure and fund your unexpected financing needs and can do so in as little as a few weeks.