Small and mid-sized businesses are always in need of dire financial assistance that they usually do not get from traditional banks for a number of reasons like:
- Banks are usually not interested in loaning amounts lower than 10 million dollars.
- Banks take a lot of time for loan approval.
Small businesses cannot afford both. They cannot afford to repay a loan as high as 10 million dollars and they, most certainly, cannot wait for weeks and months for the funds to be approved and released. Taking all these factors in mind, the best solution for such businesses is seeking for loans by investment firms like prêt sur actifs Accord.
Accord Financial is one of the leading firms that approve different types of loans for small and mid-sized businesses. Some of the best benefits of availing their services are listed below.
- They Have a Quick Approval Approach
You won’t have to wait for weeks to hear from them. They can approve the loan request in less than 8 hours and sanction it the very next day depending upon the urgency of the situation.
- They have Simple Policies
One of the best features that make Accord Financial better than most is that they simplify things.
- To begin with, it’s very simple to contact them. They’re always one phone call away.
Once you’re sure about the type of loan you want – they offer different kinds of loans for different sectors – the process is easy.
- You fill the documents that they provide.
- They review the documents manually (they value experience more than random computer analysis).
- They check your credit profile and come up with their decision.
- They are Flexible
Accord financial can accommodate different kinds of needs – some businesses need more money, some need the money for a longer period of time, some want to reapply for loans and some others want to pay the first loan before the contractual time, and so on. All these conditions are made quite flexible at Accord. Have a look!
- They sanction a loan anywhere between $5000 to $75,000. So, apply for as much or as less you want.
- The term for the insurance is between 3 to 18 months. You’re free to fill it according to your choice.
- You can repay the entire loan at one go after the first 3 months at minimal charges.
- Once your first loan is paid up-to 50%, you can apply for a second loan that can be more than or less than or equal to the first loan.
All in all, as long as your business is in North America and it has been in the market for 2 years, you’re quite eligible to apply for one at Accord Financial.