Accord Financial News, Updates & Analyses
Financing solutions are what Accord provides, but helping you succeed is our goal. Here are some real-world examples of achieving that goal.
Accord Financial Corp. Unveils Leadership Transition
Toronto - September 19, 2018
Toronto – September 19, 2018: Accord Financial Corp. ("Accord") (TSX: ACD) announced today that it has appointed Simon Hitzig as President and Chief Executive Officer effective October 1, 2018. Mr. Hitzig takes on the role as Accord completes a five-year transformation, becoming one of North America's leading commercial finance companies. Former President and CEO Tom Henderson remains with the Company as Vice-Chairman and director.Read More...
Accord Releases 2018 Second Quarter Report
Toronto – August 14, 2018
Enclosed are the financial statements, as well as Management’s Discussion and Analysis, for the quarter and six months ended June 30, 2018 together with comparative figures for the same period of 2017. These financial statements have not been reviewed by the Company’s auditors, but have been reviewed and approved by its Audit Committee and Board of Directors.Read More...
Accord Financial Corp. Inks Increased Credit Facility to Support Growth
Toronto – July 31, 2018
Toronto – July 31, 2018: Accord Financial Corp. (“Accord”) (TSX: ACD) announced today that it has signed a new senior secured revolving credit facility totaling $292 million with a syndicate of banks. The three-year agreement was arranged by The Bank of Nova Scotia (“Scotiabank”), acting as administrative agent, sole arranger and sole bookrunner.Read More...
Accord Announces Record Funds Employed, Revenue and Book Value per Share. Second Quarter and First Half Earnings up 540% and 124%, respectively. Regular Quarterly Dividend Announced.
Toronto – July 25, 2018
Toronto – July 25, 2018: Accord Financial Corp. (TSX – ACD) today released its financial results for the three and six months ended June 30, 2018. The financial figures presented in this release are reported in Canadian dollars and have been prepared in accordance with International Financial Reporting Standards.Read More...
CapX Partners Names Jeffrey Armstrong as Director, Bank Markets and Syndications
Chicago IL – July 18, 2018
Jeffrey Armstrong has joined CapX Partners (CapX), a provider of middle market equipment leasing and finance, in the newly created position of Director, Bank Markets and Syndications.Read More...
Accord Financial, Inc.’s new President & CEO discusses lender finance business
Greenville SC – July 3, 2018
Toronto – June 26, 2018 : Terry Keating of Accord Financial Inc. and Cyndi Giles of Wells Fargo Capital discuss the trends, challenges and opportunities of lender finance businesses and much more in this edition of the Secured Lender. See more…Read More...
Accord Releases 2018 First Quarter Report
Toronto – May 25, 2018
Accord Releases 2018 First Quarter ReportRead More...