Accord Financial Expands US Business Development Team

Accord Financial named Ira Almond director of business development for U.S. asset-based finance in the Southeast, and Sahil Sharma the director of business development for U.S. equipment finance in the Northeast, expanding its U.S. business development team.

May 4, 2023 Accord Financial | Ira Almond | Jim Hogan | Marcel Borg | Sahil Sharma Ian Koplin

Accord Financial Launches AccordExpress Factoring Portal

Accord Financial is now offering Canadian companies a way to obtain accounts receivables financing through its new AccordExpress Factoring Portal, which offers financing between $500,000 and $2 million.

April 26, 2023 Accord Financial | AccordExpress Factoring Portal | Cynthia Aboud Ian Koplin

Accord Financial Closes $2.5MM in A/R Financing for Marine Services Company

Accord Financial closed a $2.5 million credit facility to help a marine services company move into the wind energy space. Accord’s asset-based lending group structured the facility to include a traditional revolving credit package backed by accounts receivable.

April 20, 2023 Accord Financial | Jim Hogan Ian Koplin

Accord Financial Provides $12MM Credit Line to Travel Company

Accord Financial provided a $12 million credit line to a travel company whose business has picked back up following the severe slowdown caused by the COVID-19 pandemic. The credit line provides availability against accounts receivable.

March 29, 2023 Accord Financial | Cynthia Aboud Markiesha Thompson

Accord Financial Provides $2.5MM to Child Safety Product Manufacturer

Accord Financial supported a Canadian-based child safety product manufacturer with a $2.5 million asset-based operating line when the company’s previous lender decided to reduce its footprint in the Canadian market.

February 23, 2023 Accord Financial | Cynthia Aboud Ian Koplin

Accord Financial Supports Acquisition of Equipment Services Company

Accord Financial closed a $13 million credit facility to support the acquisition of an equipment services company.

December 21, 2022 Accord Financial | Jim Hogan Phil Neuffer

Accord Financial Unites US Commercial Financing, Names Hogan President of US Commercial

Accord Financial united all U.S. commercial financing programs under one umbrella. Jim Hogan will lead the newly united commercial team at Accord as president of U.S. commercial, while Marcel Borg joined the team as vice president of national sales for equipment finance.

November 18, 2022 Accord Financial | Jim Hogan | Marcel Borg | Simon Hitzig Ian Koplin

Accord Financial Adds Habib as Managing Director of Business Development in Canada

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 was most recently a managing director at eCapital.

October 12, 2022 Accord Financial | Jason Rosenfeld | Karim Habib Ian Koplin

Accord Financial Promotes Eddy to Chief Financial Officer

Accord Financial, one of the U.S. and Canada’s independent commercial finance companies, promoted Irene Eddy to chief financial officer and it went into effect Oct. 1, 2022.

October 6, 2022 Accord Financial | Irene Eddy | Simon Hitzig Ian Koplin

Accord Financial Provides $14MM Term-Heavy ABL Facility for Turnaround Acquisition

Accord Financial’s U.S. asset-based lending team closed a $14 million credit facility to support the acquisition of a regional waste management company by a private investment firm.

August 18, 2022 Accord Financial | Jim Hogan Ian Koplin