Accord Financial Hires Wun as VP of Information Technology

Accord Financial hired Michael Wun as vice president of information technology. In this role, Wun will implement technology to provide greater efficiency for both clients and employees across Accord Financial’s suite of tailored financial solutions.

March 17, 2022 Accord Financial | Michael Wun | Simon Hitzig Ian Koplin

Accord Financial Sets Company Records for Funds Employed, Revenue and Earnings in 2021

Accord Financial reported a company record of C$11.887 million ($9.31 million) of net earnings attributable to shareholders in 2021 compared with C$417,000 ($326,600) in 2020, delivering earnings per share of C$1.39 ($1.09) compared with C$0.05 ($0.04) in 2020.

March 11, 2022 Accord Financial | Burt Feinberg | David Beutel | David Spivak | Simon Hitzig Ian Koplin

Accord Financial Provides Trade Recovery Guarantee Loan to Robotics Company

Accord Financial completed its first Export Development Canada trade recovery guarantee (TRG) transaction, adding an EDC TRG loan of $250,000 to a Quebec-based automation component distributor’s $1 million factoring facility.

March 7, 2022 Accord Financial Ian Koplin

Accord Financial and Export Development Canada Introduce Trade Recovery Guarantee Program

As part of a continued partnership, Accord Financial and Export Development Canada are providing a trade recovery guarantee program that gives qualifying businesses access to up to $6.25 million in additional working capital.

February 11, 2022 Accord Financial | Export Development Canada Ian Koplin

Accord Financial Hires Eubanks as SVP of Underwriting and Portfolio Risk

Accord Financial hired Todd Eubanks as senior vice president of underwriting and portfolio risk. As a member of Accord Financial’s executive leadership team, Eubanks will be responsible for setting the direction of the company’s credit risk functions, culture and policies.

January 14, 2022 Accord Financial | Simon Hitzig | Todd Eubanks Phil Neuffer

Accord Financial Appoints Hogan President of U.S. ABL

Accord Financial appointed Jim Hogan president of U.S. asset-based lending. Hogan has more than 30 years of experience in asset-based lending and restructuring, including 17 years at GE Capital. He was most recently the chief commercial officer at Great Rock Capital.

January 7, 2022 Accord Financial | Jim Hogan | Simon Hitzig Ian Koplin

Accord Financial Closes First Securitization Facility at $100MM

Accord Financial closed its first private securitization facility at $100 million. This private securitization provides term financing for a discrete amortizing pool of small business loans originated by Accord.

December 17, 2021 Accord Financial | Simon Hitzig Ian Koplin

Accord Financial Provides $15MM Growth Funding Solution for Oil and Gas Services Client

Accord Financial provided a $15 million facility, including asset-based loans against accounts receivable, equipment and real estate, as well as an Accord BCAP loan, to an oil and gas services company.

December 1, 2021 Accord Financial | Jason Rosenfeld Ian Koplin

Accord Financial Provides $1MM Factoring Facility to Spring Water Distributor

Accord Financial provided a $1 million factoring facility to a spring water bottler and distributor.

August 9, 2021 Accord Financial Ian Koplin

Accord Financial Launches AccordExpress Factoring

Accord Financial launched AccordExpress Factoring to provide capital for Canadian small- and medium-sized enterprises.

June 21, 2021 Accord Financial | AccordExpress Factoring | Simon Hitzig Phil Neuffer