Accord provides cash flow solution for businesses with our dynamic suite of products including invoice factoring and asset based lending. Our team has over 40 years’ experience in providing financing solutions for business and individuals, Accord Factoring Solutions knows the many benefits financing can offer.
Personal Customer Care
We put the customer first at Accord.
Smart Deal Structure
Deals created with your needs in mind
Quick & Easy Applications
Simple applications with 48-hour approvals
Business-building Tools
Capital to keep business your moving
OUR PROMISE
The Accord Difference
Dedicated Personal Service
We put customers first at Accord
Smart Deal Structures
Deals created with your needs in mind
Easy Application Process
Fast and simple, our application process is easy to navigate
Quick & ResponsiveApproval
Approvals in as little as 48 hours
Transparent Feedback
We give you honest feedback to help improve our service
Business-building Support
Keep your business moving with Accord
WHAT WE DO
Discover Invoice Factoring With Accord
Accord Factoring Solutions strike small and lower middle market businesses seeking access to working capital, across a wide range of sectors.
Committed to providing a superior customer experience, Accord is focused on gaining a deep understanding of the business needs of our partners. Working hand in hand to provide terms and deal structures that meet our clients’ individual financing needs, we provide factoring solutions with a personal touch. With a streamlined online process that moves quickly through pre-un-derwriting, diligence and closing, Accord makes factoring simple.
Discover Asset Based Lending With Accord
Companies with assets-rich balance sheets have untapped liquidity potential at their fingertips. Accord helps unlock this potential with asset-based lending solutions designed to help businesses leverage multiple asset classes to generate balance sheet liquidity.
By freeing up liquidity that’s tied up in non-cash business assets, Accord’s comprehensive asset-based lending solutions provide companies the ability to borrow capital secured by other means. Commercial accounts receivable is the core asset required for every financing facility, but equipment and machinery, inventory and real estate can also act as collateral. With smart deal structures tailored to your business needs and a quick & easy application process, Accord makes the lending process simple.
WHO WE WORK WITH
Helping Your Business Grow
Accord Factoring Solutions strike small and lower middle market businesses seeking access to working capital, across a wide range of sectors.
-
- Government Contractors
- Service Providers
- Manufacturing
- Wholesale & Distribution
- Transportation & Logistics
- Machine Shops
-
- Staffing
- Technology/IT
- Printing
- Food Services Consulting
- SaaS
-
- Ride Share & Taxi Firms
- Trucking & Shipping
- Suppliers
- Janitorial Services
- Property Management
- Sercurity Services/IT
Fast Track Your Business
Perfect for high growth situations, restructurings & turnarounds, M&A transactions or for start-ups, Accord’s financing solutions can help with any cash flow challenge your business is facing. Once funds are in place they can be used to finance a wide variety of business needs, keeping your business on track and moving forward.
Refinancing existing debt
Payroll
expenses
Managing seasonal demands
Business reinvestment
Marketing & advertising
Inventory &
supply purchases
New equipment purchases
Vendor
payments
Want to know more ?
732.673.6272
sales@accordfactoring.com
Quick & Easy Application Process
Our mission is to make the factoring process simple, so that business owners can get capital they need quickly and efficiently. Our underwriting process is steamlined to make this happen.
Quick Feedback
Feedback in 24-48 hours from receipt of due diligence list
Tailored Proposals
Proposals generated within 48 hours of a full package review
Speedy Closings
A quick process can see closing as early as 1 week
Qualifying
Criteria
- Businesses with financing needs not being met with their current cashflow or by existing lenders
- U.S. based companies that extend credit terms to other U.S. entities with terms of 30, 60 and 90 days
- Businesses with monthly revenues of more than $20k
- Companies with no tax liens or other background issues
Underwriting:
What we need
to get started
- Complete one page application
- Current detailed A/R aging
- Prior year and YTD financial statement (P&L + Balance Sheet)
- Deal dependent requests that are based on the story of the business, the industry, company size and company specific details
- List of business assets
- Factoring applications require additional information, contact us to find out more
Our Terms & Structures
INVOICE FACTORING
Transaction Limits
Collateral
Advance Formula
Advance Frequency
Contract Length
Minimum Utilization
Collateral
Advance Formula
Advance Frequency
Contract Length
Minimum Utilization
$50,000 – $1,00,000
Accounts Receivable
Up to 95% of eligible invoices
Daily or Weekly
None
None
Accounts Receivable
Up to 95% of eligible invoices
Daily or Weekly
None
None
ASSET BASED LENDING
Credit Structure
Transaction Limits
Collateral
Advance Formula
Advance Frequency
Contract Length
Minimum Utilization
Revolving Line of Credit
$50,000 – $1,00,000
Accounts Receivable
Up to 90% of eligible Account
Up to 50 % of eligible Inventory
Up to 65% of eligible M&E
Daily or Weekly
None
None
$50,000 – $1,00,000
Accounts Receivable
Up to 90% of eligible Account
Up to 50 % of eligible Inventory
Up to 65% of eligible M&E
Daily or Weekly
None
None
Find out more with our term sheet
Prequalify Now
Fill out our simple form below, or contact us for more information.
Apply Now
Apply now to prequalify for Accord’s invoice factoring or asset based lending credit facilities.
Use our simple form to provide preliminary information and someone will be in touch to help process your application.
The application is free and will not impact your credit score.
Contact Us
Get in touch now to find out how Accord can help your
business stay on track
Jason Medvin
COO / Partner
jason.medvin@accordfactoring.com
732.673.6272
FACTORING
MADE
SIMPLE
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Our Mission
To help business owners succeed with tools to manage cash flow and keep business moving.
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