Business loans play a very huge role in the success of a company. Whether you’re restructuring your company or you’re an expanding business, the role of cash and financial management is something that cannot be overlooked. While certainly there are banks, but banks are usually willing to clear funds where risk is minimum. Which means traditional lenders usually do not fund small or medium sized businesses. And if they do, the approval is a very lengthy and complicated procedure. And when it comes to growing businesses, opportunities can arise quickly and move away just as quickly if you do not have enough funds to manage orders.
Quite clearly, cash is the one thing that budding businesses can require suddenly; and hence, funding solutions like Accord Financial business loans can largely help. Thus, this guide is designed to take you through the different kinds of loans this investment firm offers and what are the benefits of such loans.
Let’s begin with the different kinds of business financing solutions provided at Accord Financial. Have a look!
- Asset-based financing.
- Retail inventory financing.
- Equipment financing.
- Supply chain financing.
- Lender financing.
- Accounts receivable financing.
- Media financing and small business loans.
You can have a look at all the specifics about many such financial funds provided at Accord Financial on their website.
Now that you know the different kinds of loans that this firm releases, let’s take you through a couple of the benefits and advantages of such financial assistance. Have a look!
- It’s a Quick Process
Experts at Accord understand how a business can end up in the need of urgent cash whether it’s for the fulfillment of a new order that comes up suddenly or the requirement for replenishing the inventory, and so on. Which is why they ensure that the funds are approved and released quickly. In fact, the approval can be as quick as a few hours as soon as the company runs some basic checks about the value of your assets and so on.
- They Provide Loans of All Sizes
One of the specialities of Accord is that they approve smaller loans up-to 1 million dollars and the amount can also be as high as 20 million dollars. Also:
- They do not treat people with a bad credit history any different. So, if you have one, they’re the people who can really help you.
- They offer short term loans as well as long term loans.
- They allow you to repay the entire amount ill, if you can, after the first 3 months at minimal charges.
And most importantly, they’re fair and direct in their dealings. Thus, you won’t be charged extra since they have no hidden terms and conditions.
So, if you are in the need of urgent funds to expand your business or you’re simply running a start-up, Accord Financial is the firm that you must contact.