Accord Financial expanded its Canadian asset-based finance and factoring senior management team to include Karim Habib as managing director of business development in Ontario and western Canada. Habib’s responsibilities will include expanding Accord’s brand presence as well as developing long-term business growth strategies. He will work closely with Accord’s leadership team to develop client relationships, lead new transaction opportunities and represent Accord at various industry events.

“We are excited to have such a proven, successful finance professional join our Accord team,” Jason Rosenfeld, president of asset-based finance and factoring in Canada for Accord, said. “Karim is extremely knowledgeable in all aspects of lending to mid-market companies, including factoring and ABL. Our clients will enjoy working with such a personable and enthusiastic financial partner.”

Based in Toronto, Habib has experience working with small and medium-sized companies to facilitate a range of corporate finance and investment banking services. His career includes experience in business development, expansion capital, factoring and asset-based lending. Habib was most recently a managing director at eCapital, but he also previously held management positions at Wells Fargo Capital Finance, RBC Capital Markets and Laurentian Bank of Canada.