Accord Financial Corp. is a holding company, listed on the Toronto Stock Exchange (TSX:ACD). It has three operating companies: Accord Financial Ltd. operates our receivables management, credit guarantee and collections business; Accord Financial Inc. operates our financing business in Canada; Accord Financial, Inc. operates our financing business in the U.S.
Under the unified brand Accord Financial, the companies help businesses throughout Canada and the U.S. manage cash flow and maximize financial opportunities with timely receivable purchase programs, asset-based financing up to $20 million and flexible credit guarantee and receivables management services. Visit Financing Services and Receivables Services for more information.
Established in 1978, Accord is the oldest, and one of the largest companies of its kind in Canada. It has operated in the U.S. since 1992. Clients come from a wide range of manufacturing, distribution, industrial, service and commercial sectors, including automotive, apparel, appliances, business services, consumer goods, electronics, employment, energy, food, footwear, furniture, industrial goods and services, lumber, media, packaging, paper, printing, retail, textiles, transportation and many others.
Accord Financial Timeline
1977 JTA Factors Inc. established in Greenville, SC
1978 Accord Financial Ltd. incorporated as Accord Business Credit Ltd.
1990 Accord Financial Inc. established as Montcap Financial Corp. in Montreal, QC
1992 Accord Financial Corp. acquires all three companies
2002 JTA Factors changes its name to Accord Financial, Inc.
2009 Accord companies unite under a single brand: Accord Financial