Accord Financial achieved record growth throughout 2018 and into 2019 and has added several new team members in order to maintain its high level of client service and responsiveness.
Accord Financial appointed Simon Hitzig president and chief executive officer, effective October 1, 2018. Former President and CEO Tom Henderson will remain with the company as vice chairman and director.
Accord Financial signed a new senior secured revolving credit facility totaling $292 million with a syndicate of banks. The Bank of Nova Scotia acted as administrative agent, sole arranger and sole bookrunner on the transaction.
Accord Financial promoted Terry M. Keating from executive vice president to president and CEO.
Alexandra Lewis joined Accord Financial as director of finance.
Advantex Marketing International, a leading specialist in the marketing services industry, renewed its credit facility with Accord Financial.
Specialty finance company CapX Partners provided a $5 million ABL facility to Javo Beverage, a portfolio company of private equity firm Falconhead Capital.
CapX Partners joined the Accord group of companies. CapX will continue to serve clients under the CapX Partners banner.
Accord Financial promoted two members of its Client Services team and one from its accounting department.
Accord Financial added Kyle Moore as portfolio manager, a newly created position. Moore was previously with CapitalSource as an AVP, managing a portfolio of up to 20 credit facilities.