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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.
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 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.
Accord Financial Corp. (TSX: ACD) today released its financial results for the three and nine months ended September 30, 2021. The financial figures presented in this release are reported in Canadian dollars and have been prepared in accordance with International Financial Reporting Standards.
Accord Financial Corp. (TSX – ACD) today announced that its Board of Directors has declared a quarterly dividend of $0.05 per share, payable December 1, 2021, to shareholders of record at the close of business November 15, 2021.
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?
“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.
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.
Sign Up now for Rural Broadband Forum 2021. There is a lack of broadband and rural networks combined with an explosion in businesses and opportunities. Join our incredible list of panelists at this live webinar on Tuesday, September 28th at 1 PM EST.