{"id":1347,"date":"2020-07-13T12:00:00","date_gmt":"2020-07-13T12:00:00","guid":{"rendered":"https:\/\/accord.galambos-dev.com\/?p=1347"},"modified":"2020-11-15T18:43:06","modified_gmt":"2020-11-15T23:43:06","slug":"accord-financial-corp-announces-its-participation-in-export-development-canadas-business-credit-availability-program-guarantee","status":"publish","type":"post","link":"https:\/\/accordfinancial.com\/staging\/accord-financial-corp-announces-its-participation-in-export-development-canadas-business-credit-availability-program-guarantee\/","title":{"rendered":"Accord Financial Corp. Announces its Participation in Export Development Canada\u2019s Business Credit Availability Program Guarantee"},"content":{"rendered":"\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>\u201cAccord and its subsidiaries have a long history of cooperation with EDC. The strong relationships built over decades were the catalyst for this new partnership,\u201d said Simon Hitzig, President and CEO of Accord Financial.<\/p>\n\n\n\n<p>\u201cEntrepreneurs drive the Canadian economy, and since 1978 Accord has simplified access to capital to help companies thrive. With this program, Accord\u2019s clients can now access additional liquidity to fund operations and manage through this difficult time\u201d, said Cynthia Aboud, Senior Vice President of subsidiary Accord Financial Inc.<\/p>\n\n\n\n<p>To help Canadian companies, the EDC BCAP Guarantee is available not only to exporters but also those with only domestic business. Eighty percent (80%) of the loan will be guaranteed by EDC and the guarantee fee of 1.8% will be deferred for the first 6 months. After the initial term of one year, a BCAP loan can be renewed for up to a total of 5 years.&nbsp;<\/p>\n\n\n\n<p>\u201cThis program is a terrific tool to help companies weather the storm, and keep our economy moving forward. We\u2019re proud to offer it,\u201d added Hitzig.<\/p>\n\n\n\n<p>Accord\u2019s existing clients can work with their Account Managers to determine their eligibility for the program.&nbsp;<\/p>\n\n\n\n<p>For more details on how to become an Accord client, companies are invited to email\u00a0<a href=\"mailto:financing@accordfinancial.com\">financing@accordfinancial.com<\/a>\u00a0or call 1 844 932 9940.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Accord Financial Corp. (TSX \u2013 ACD) (\u201cAccord Financial\u201d) today announced the launch of its participation in the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":3622,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"location":[8],"class_list":["post-1347","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","location-toronto"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>07\/13\/2020 | Accord Financial Corp. 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