Small Business Loans Made Simple With AccordAccess

Small company loans with AccordAccess enable you to handle times that are challenging make use of possibilities

An AccordAccess business that is small provides up to $75,000—repaid in within 18 months—with fixed, regular payments. If you want quick money to seize opportunities or manage challenges, AccordAccess will be your connection to success.

If for example the company is stable or growing, and you may easily handle short-term small company loan payments, an Accord small company loan may be best for your needs.

Does your business be eligible for a small business loan through Accord?

Situated in Canada

In operation significantly more than 2 yrs

Stable and/or growing

Yearly sales over $100,000

Regular deposits to your company bank-account

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Typical or better credit profile

Industry Challenges

As operator, you realize that access to money is key to growth and sustainability, but securing a small company loan is actually increasingly challenging.

You’ll have a rock-solid company plan that your team has executed to perfection, nevertheless when unforeseen challenges or possibilities arise, fast access to capital is vital attaining your targets.

Accord provides business that is small for numerous companies, each featuring its very own unique group of challenges and possibilities.

Is additional stock for a top period or regular period a recurring problem?

Must you bridge the space between having to pay vendors and gathering from clients?

Have you got a way to accept an unusually big project or purchase?

Would your company reap the benefits of brand new fixtures or little equipment?

Must you buy gear repairs?

Are you dealing with an unplanned one-time cost or slowdown that is unexpected?

Would your small business loan enhance your general performing capital place?

Unlike banking institutions as well as other lenders, Accord won’t ask for your house, automobile, gear or your charge card receipts as collateral – your good character is sufficient. Our business loan prices considers this along with other short-term variables.

Our Solution

An AccordAccess business loan is directed right to your money, often within a day of application, additionally the framework is not difficult:

Collateral: None (unsecured)

Optimum loan: From $5,000 to $75,000 (at the mercy of our credit assessment)

Term: versatile terms between 3 and eighteen months

Repayment: Fixed regular repayments of principal & interest by account debit

Prepayment: Anytime, at the mercy of 3 months interest

Re-advance: you are able to submit an application for an innovative new small company loan as soon as 50% of initial term is finished (original loan is then paid back therefore the stability re-advanced being a brand new loan)

We just just take pride in offering you quick usage of money. When you distribute your entire application information, you could expect a credit choice within 8 company hours.

Once you’re authorized, we’ll deliver you your loan documentation straight away, and in some cases your enterprise loan is funded the next company day—direct to your money.

In addition, Accord provides versatile choices to repay early or re-advance for extra money. You can easily repay whenever you want by having a modest fee equal to three months of great interest. You can even submit an application for a re-advance as much as your credit that is previous limitor use to boost your limitation) when 50% of your initial loan term is finished.

The Bonus

Your organization is exclusive and much more complex than figures on a spreadsheet. This is why we simply take the right time for you to realize both you and your business.

With AccordAccess, you deal directly with your credit group to examine the application and present it consideration. While other lenders may depend entirely on technology in order to make credit decisions, we trust in our experience and knowledge. Decisions this crucial shouldn’t be kept to some type of computer algorithm. Our process provides the flexibleness to take into account circumstances that numbers alone cannot fully explain.

AccordAccess simplifies the small company loan procedure. Through , we review while making a credit choice you application within 8 company hours and funding your small company loan (upon approval) will upload within 24 company hours.

We try to function as many clear small company loan provider in Canada – there aren’t any costs (aside from the loan provider charge and interest demonstrably outlined in the mortgage contract). The expense of your AccordAccess small company loan is related to a business bank card.

Our consumers represent a cross-section of Canada’s many dynamic companies from shore to shore. Whatever company you’re in, an Accord business that is small could work for your needs. We additionally provide a number of other solutions that are financing credit facilities from $5,000 to $20 million, in order to rely on Accord that will help you grow to new quantities of success.