I'm at $15K/mo with 580 FICO and 8 months TIB — which?

Accord. Headway's 600+ FICO and 12+ month TIB floor declines you. Accord will fund at a 1.35 – 1.45 factor. Expect a 6 – 9 month hold and treat it as bridge capital while you build to qualify for Headway or Bluevine on the next round.

I'm at $20K/mo with 640 FICO and 18 months TIB — which?

Headway, decisively. The LOC structure plus 35 – 60% APR beats Accord's likely 1.30+ factor materially. Only take Accord here if you've already maxed Headway's $100K cap and need additional capital.

Does Accord report to bureaus the way Headway does?

Headway, as an Enova subsidiary LOC product, reports to commercial credit bureaus. Accord's MCA is structured as a receivables sale and generally does not report to bureaus. If building business credit matters, Headway wins outright.

Accord Business Funding vs Headway Capital — honest comparison 2026

Both fund small businesses. They solve different problems. Here's the honest side-by-side, then five use-case verdicts so you don't have to guess.

The specs

Accord Business FundingHeadway Capital

Product typeMCALOC

Amount range$5K – $150K$5K – $100K

Cost (factor / APR)Factor varies by paper gradeAPR 35 – 60% (LOC); fixed weekly payment schedule

Speed to fundNext-day for approved filesAs fast as next business day after approval

Min time in business3 months12 months

Min monthly revenueFlexible — no published floor$50,000+/yr ($4,200/mo) typical floor

Min credit scoreFlexible — accepts B/C-paper600+

Products

MCA (1st / 2nd / 3rd position)

Business line of credit

Verdicts by use case

B/C-paper merchants (NSFs, sub-600 FICO) — Winner: Accord Business Funding. Accord underwrites paper that Headway's models reject — sub-600 FICO, recent NSFs, second/third position. Cost is higher (1.30 – 1.50 factor) but funding is available.
Newer business (sub-12 months) — Winner: Accord Business Funding. Accord's TIB floor goes to 3 months. Headway requires 12+ months. Sub-12-month merchants are Accord-only in this pair.
Cheapest cost of capital if you qualify for both — Winner: Headway Capital. Headway LOC APR (35 – 60%) is well below Accord's MCA factor (1.30+ = 60 – 100%+ APR-equivalent on a 12-month hold). Headway wins on cost when both will approve.
Revolving / draw-and-repay capital need — Winner: Headway Capital. Headway is a true revolving LOC. Accord is a one-shot MCA — you repay it via daily ACH and re-apply for any new capital. Revolving need favors Headway.
Daily ACH would strain cash flow — Winner: Headway Capital. Headway has weekly auto-pay. Accord pulls daily ACH from your business account. Weekly is materially easier to manage on lumpy revenue than daily.

The honest takeaway

Accord Business Funding and Headway Capital solve overlapping but distinct problems. The right choice depends on three things you already know about your business: how fast you need the money, how long you've been operating, and whether the capital need is one-time or recurring.

Frequently asked questions

I'm at $15K/mo with 580 FICO and 8 months TIB — which?: Accord. Headway's 600+ FICO and 12+ month TIB floor declines you. Accord will fund at a 1.35 – 1.45 factor. Expect a 6 – 9 month hold and treat it as bridge capital while you build to qualify for Headway or Bluevine on the next round.
I'm at $20K/mo with 640 FICO and 18 months TIB — which?: Headway, decisively. The LOC structure plus 35 – 60% APR beats Accord's likely 1.30+ factor materially. Only take Accord here if you've already maxed Headway's $100K cap and need additional capital.
Does Accord report to bureaus the way Headway does?: Headway, as an Enova subsidiary LOC product, reports to commercial credit bureaus. Accord's MCA is structured as a receivables sale and generally does not report to bureaus. If building business credit matters, Headway wins outright.