# Accord Financial

Source: https://businessloanbroker.ai/lenders/accord-financial/
Site: BusinessLoanBroker.ai (powered by Levr)

> Accord Financial is a Toronto listed commercial finance company lending $5,000 to $30 million against receivables, inventory and equipment.

Accord Financial is a long established Canadian commercial finance company, listed on the Toronto Stock Exchange, that lends against receivables, inventory and equipment. It funds established Canadian businesses that have assets to borrow against, from small facilities up to $30 million.

## Key facts
- **Products:** Asset based lending, invoice factoring, equipment financing
- **Funding range:** $5,000 to $30,000,000
- **Repayment:** Revolving lines, factoring advances and equipment terms
- **Operates in:** Canada
- **Industries:** Manufacturing, wholesale, retail, import and export, apparel, food and beverage, construction
- **Founded and headquarters:** 1978, Toronto, Ontario; public since 1992 (TSX: ACD)
- **Website:** accordfinancial.com

## What does Accord Financial offer?

Accord offers three secured products. [Asset based lending](https://businessloanbroker.ai/business-loans/asset-based-lending/) is a revolving line sized to your receivables and inventory. [Invoice factoring](https://businessloanbroker.ai/business-loans/invoice-factoring/) advances cash against individual invoices and settles when your customers pay. Equipment financing covers machinery and vehicles on a fixed term. Facilities run from $5,000 to $30 million, which is a wider spread than most specialty lenders, and all of them are secured against the assets being financed.

## Who does Accord Financial fund, and who do they decline?

Accord funds established Canadian industrial and commercial businesses with real assets: manufacturers, wholesalers, importers, apparel and food companies, and construction firms. The deciding factor is the quality of your receivables, inventory or equipment rather than your profit history, which is why it can work for companies a bank has turned down.

It does not publish decline criteria. A business with little in the way of receivables or hard assets, such as a pure service firm, has nothing to borrow against and will not fit. Businesses outside Canada should look at [Garrington Capital](https://businessloanbroker.ai/lenders/garrington-capital/), which also covers the US.

## What does it typically cost and how fast is it?

Accord does not publish rates, fees or funding timelines; pricing is quoted per file once it has reviewed your assets. Asset based facilities are usually priced as a rate over prime plus monitoring fees, and factoring as a discount per 30 days. Typical ranges for each are on our [asset based lending](https://businessloanbroker.ai/business-loans/asset-based-lending/) and [invoice factoring](https://businessloanbroker.ai/business-loans/invoice-factoring/) pages. Expect a secured facility to take longer to set up than an unsecured online loan because the lender has to verify the collateral.

## What will you need to apply?

A secured facility needs more paperwork than an online loan. Expect to provide two years of financial statements, an aged receivables and payables listing, an inventory report, equipment lists with appraisals, recent bank statements and corporate documents. Our [document checklist](https://businessloanbroker.ai/guides/document-checklist/) covers each of these so you can gather them once.

## How does Accord Financial compare with similar lenders?

[Garrington Capital](https://businessloanbroker.ai/lenders/garrington-capital/) offers the same three products with a $250,000 floor and covers both Canada and the US, so it suits a cross border company. [Capitally](https://businessloanbroker.ai/lenders/capitally/) starts smaller, adds purchase order financing and cash flow loans, and is built for B2B companies with good receivables but a weak balance sheet. Accord's public listing and four decade history make it the most established of the three. Choose on the size of the facility and where your customers are.

## How to apply

Apply once on this site and matching shows whether Accord Financial, or a similar lender, fits your file. You can also ask your AI assistant to collect your documents and apply for you through our [MCP server](https://businessloanbroker.ai/agents/). A profile in this directory is a market reference and does not by itself mean the lender is on our network for your file; matching shows the lenders available to you.

| Lender | Products | Funding range | Operates in | Best suited for |
|---|---|---|---|---|
| Accord Financial | Asset based lending, factoring, equipment | $5,000 to $30,000,000 | Canada | Established Canadian companies with assets to borrow against |
| Garrington Capital | Asset based lending, factoring, equipment leasing | $250,000 to $30,000,000 | Canada and United States | Established, asset rich businesses needing secured financing outside bank criteria |
| Capitally | Factoring, asset based lending, PO financing, cash flow loans | Up to $20,000,000 | Canada, some US | B2B businesses with creditworthy receivables but a weak balance sheet |

## Questions and answers
**Does Accord Financial lend outside Canada?**

The profile lists Canada as its market. A company with US operations should compare Garrington Capital, which runs facilities on both sides of the border.

**What does Accord use as security?**

Receivables, inventory and equipment. Each facility is secured against the specific assets being financed, and the lender will register that security before funding.

**Is factoring with Accord a loan?**

No. Factoring is the sale of your invoices at a discount. You receive most of the invoice value up front and the balance, less the fee, when your customer pays.

## Related
- [Garrington Capital](https://businessloanbroker.ai/lenders/garrington-capital/)
- [Capitally](https://businessloanbroker.ai/lenders/capitally/)
- [Asset based lending](https://businessloanbroker.ai/business-loans/asset-based-lending/)
- [Invoice factoring](https://businessloanbroker.ai/business-loans/invoice-factoring/)

## Apply
Apply for the business: https://apply.businessloanbroker.ai/signup?utm_source=direct&utm_medium=organic&utm_content=md-lender-accord-financial
MCP server for AI agents: https://mcp.businessloanbroker.ai/mcp (docs: https://businessloanbroker.ai/agents/mcp/)