TORONTO, Dec. 16, 2020 /CNW/ - Accord Financial Corp.
("Accord Financial") (TSX: ACD) today announced the launch of
AccordExpress, a financing solution aimed at bridging Canadian
small businesses through to the economic recovery. AccordExpress
offers a simple, twenty-minute online application process with a
unique proprietary credit model to approve and fund loans within
two business days. This industry first solution delivers up to
$250,000 for qualified businesses,
with flexible terms designed to manage cash flows through the
current challenging business environment.
AccordExpress is in part supported by the Export Development
Canada (EDC) Business Credit Availability Program (BCAP) Guarantee.
In partnership with EDC, Accord has already delivered financing
solutions tailored to larger companies, AccordExpress simplifies
the process specifically to support small businesses.
"AccordExpress offers a uniquely simple and swift approval and
funding process designed to relieve the burden of paperwork and
allow entrepreneurs to get back to business fast," said
Simon Hitzig, President and CEO.
"Entrepreneurs are the engine of the Canadian economy,
supporting employment, driving innovation, and sustaining economic
growth. AccordExpress is designed to keep the engine running, while
the economy moves towards a recovery," states James Jang, President of Accord's small business
division. "We understand exactly how to help because we're
entrepreneurs too," adds Jang.
AccordExpress is ideal for business owners committed to staying
the course and coming through the downturn ready to grow again. The
industry-leading technology behind AccordExpress accelerates the
entire process, so that clients can focus on today's challenges and
tomorrow's opportunities.
"Accord's unique program is a terrific solution to help
entrepreneurs weather the storm, and keep our economy moving
forward. Only from Accord," added Hitzig.
For more details on how to become an Accord client, companies
are invited to visit
accordfinancial.com/accordexpress-covid-19-loans/ or by
emailing AccordExpress@accordfinancial.com or calling 1 844
982 3010.
About Accord Financial Corp.
Accord Financial is North
America's most dynamic commercial finance company providing
fast, versatile financing solutions for companies in transition
including factoring, inventory finance, equipment leasing, trade
finance and film/media finance. By leveraging our unique
combination of financial strength, deep experience and independent
thinking, we craft winning financial solutions for small and
medium-sized businesses, simply delivered, so our clients can
thrive.
SOURCE Accord Financial Corp.