Accord Financial, a provider of senior debt solutions opened a new division, Accord Business Finance (ABF). ABF will offer notification and non-notification factoring.

Sue Duckett and Micaella Cosentino have joined ABF to expand their product suite and will operate from its new Chicago office.

With nearly 25 years’ experience in invoice financing, Duckett has a proven track record, which will enable her to lead and grow ABF. Her experience in factoring originated in the UK and expanded to the U.S. five years ago. Prior to joining ABF, Duckett was an executive vice president at Bibby Financial Services in the U.S. and UK.

Cosentino brings experience in Operations and Underwriting. Cosentino also joined from Bibby, where her responsibilities included sales support, transaction approvals and risk management.