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The Secured Lender

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#3 -_ 1 (1)

November 10, 2021

Source: Accord Financial

Accord simplified access to capital for a group of construction companies by providing an AccordExpress BCAP loan, in combination with a factoring facility. The combined $1,850,000 facilities allowed them to catch up on tax arrears due to the Canada Revenue Agency, as well as pay out their credit facility with their bank, where they were in special loans. Our fast and flexible solution provides them with the capital they need to return to pre-pandemic levels.