Accord Financial Launches Small Business Lending Program



Accord Financial announced the launch of AccordAccess, an online lending program aimed at financing growth for small and medium-sized businesses across Canada. AccordAccess provides unsecured loans of up to $75,000 to qualified companies.

“Small businesses face a tough time borrowing from Canada’s banks and credit unions, with credit hurdles and lengthy timelines screening out even prime quality companies. Accord is stepping in to fill the gap,” explains Tom Henderson, president. “This innovative program leverages our nearly forty years of experience supporting this vital part of the economy.”

AccordAccess simplifies the entire borrowing cycle, processing applications in real time and delivering funds to approved clients within twenty-four hours. Loan terms are tailored to each client, with a repayment cycle extending up to eighteen months. The program aims to help entrepreneurs take advantage of growth opportunities or manage successfully through challenging times.

AccordAccess is enabled by technology but the program is driven by Accord’s experienced people. “Technology makes us faster, but we don’t plan to entrust our valuable client relationships to a computer,” says James Jang, general manager. The program is also available through independent leasing brokers and other financial professionals, adding another layer of personal service.

“Several U.S.-based lenders have entered Canada recently, but they seem focused on high risk borrowers – companies with few options available,” adds Jang. “In contrast, AccordAccess is designed to serve creditworthy companies looking to seize opportunity and drive growth. Several local start-ups have also launched in recent months, but none offer the level of experience, understanding and transparency of Accord Financial.”


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