Simon Hitzig Related Content

Rosenthal Acquires Accord Equipment Finance

Following the announcement that Accord Financial sold its U.S. leasing portfolio, Rosenthal & Rosenthal, a factoring, asset-based lending, purchase order financing and inventory financing firm, announced the completion of a deal to acquire Accord Equipment Finance’s assets. read more

Accord Financial Closes $46.8MM Sale of U.S. Leasing Portfolio Assets

Accord Financial sold portfolio assets of Accord Equipment Finance (AEF), the company’s U.S. equipment leasing division. The acquirer is a privately held factor and finance companies in the United States, now expanding into equipment leasing. read more

Accord Financial Establishes Two New Strategic Funding Facilities

Accord Financial established two new financing arrangements to support its Canadian small business lending division and BondIt Media Capital, its U.S.-based media financing arm. This move follows on the company’s previously-announced review of strategic initiatives. read more

Accord Financial Launches Accord|EDC Trade Expansion Lending Program

Accord Financial launched Accord|EDC Trade Expansion Lending Program (Accord|EDC TELP), it’s latest financing innovation supported by Export Development Canada (EDC). read more

Accord Financial Announces Proposed Debenture Amendments

Accord Financial will seek the approval of holders of its 7% convertible unsecured subordinated debentures due Dec. 31 to amend certain terms of such debentures, including increasing the interest rate from 7% to 10% and extending the maturity date to Jan. 31, 2026. read more

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. read more

Accord Financial Promotes Eddy to Chief Financial Officer

Accord Financial promoted Irene Eddy to chief financial officer and it went into effect Oct. 1, 2022. read more

Accord Financial Appoints Eddy Interim Chief Financial Officer

Accord Financial appointed Irene Eddy as interim CFO effective June 15, 2022 alongside the departure of Stuart Adair, the company's long-time CFO. read more

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.  read more

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. read more

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. read more

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. read more

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. read more

Accord Financial Adds Carlson and Starr to Leadership Team

Accord Financial named Barrett Carlson senior vice president of corporate development and Eric Starr senior vice president of program operations and risk. read more

Accord Financial Brings All Commercial Lending Units Under One Brand

Accord Financial launched a new brand to simplify access to capital for small and medium businesses across the U.S. and Canada. Accord introduced a streamlined organizational structure, bringing all commercial lending businesses under the Accord umbrella brand. read more

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