Accord Financial Unites Middle Market Financing
Accord Financial Corp., one of the U.S. and Canada’s leading independent commercial finance companies (“Accord”) (TSX: ACD) announced a realignment plan to better support the organization’s continued growth among middle market businesses, uniting all U.S. commercial financing programs under one umbrella. “Middle market companies are and have been a major growth engine for the U.S. economy,” stated Simon Hitzig, President, Accord Financial. “This reorganization will allow us to better support our clients as they face both challenges and opportunities when growing and sustaining their businesses.”
Leading the U.S. Commercial team is Jim Hogan. Jim will be responsible for all Accord’s activities that address the U.S. middle market, including equipment finance, asset-based lending and factoring. “I am excited to work with such a strong team of professionals, offering customized financing to middle market companies and furthering Accord’s reputation as smart, flexible financial partners,” stated Hogan, President, U.S. Commercial. Joining Accord in January, Hogan has over 30 years of experience in asset-based lending and restructuring, including 17 years at GE Capital.
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