Accord Financial: Jim Hogan appointed President, US Asset Based Lending for Accord Financial … Jim Hogan appointed President, US Asset Based Lending for Accord Financial

Accord Financial Corp., a leading independent financial company in the United States and Canada (“Accord”) (TSX: ACD) has announced the appointment of Jim Hogan as President, US Asset Based Lending (ABL) at effective January 1, 2022. As a member of the leadership team, he will be responsible for leading and growing the business in the United States, providing lending and asset factoring solutions to small and medium-sized enterprises.

“Jim is a seasoned leader who understands how creative, fast and flexible financing can help our clients grow and maintain their businesses,” said Simon Hitzig, president, Accord Financial. “We are fortunate to have such a proven builder of successful ABL lending platforms join our team. ”

Jim brings over 30 years of asset lending and restructuring experience, including 17 years with GE Capital. His most recent role was at Great Rock Capital as Commercial Director, with previous experience leading underwriting, portfolio risk management, and business development efforts in large enterprise environments as well as smaller entrepreneurial organizations. He holds an undergraduate degree in economics from Columbia University and an MBA in finance from the NYU Stern School of Business.

“Accord’s focus on small and medium markets, combined with its exceptional reputation in the industry, made this position the ideal fit,” said Jim. “I look forward to using my experience to deliver the best for our customers. ”

About Accord Financial Corp.

Accord Financial is North America’s fastest growing trade finance company, providing fast and versatile financing solutions to businesses in transition including factoring, inventory finance, equipment leasing, trade finance and film and media funding. Leveraging our unique combination of financial strength, deep experience and independent thinking, we design winning financial solutions for small and medium businesses, delivered simply, so our clients can thrive. For 43 years, Accord has helped businesses manage their cash flow and maximize financial opportunities.

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Accord Financial Corporation published this content on 06 January 2022 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on 06 January 2022 13:07:07 UTC.

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All the news from ACCORD FINANCIAL CORP.
Sales 2020 31.4 million
24.6 million
24.6 million
2020 net income 0.42 M
0.33 M
0.33 M
Net debt 2020 269 ​​million
211 million
211 million
PER 2020 ratio 138x
2020 yield 3.58%
Capitalization 72.4 million
57.0 million
56.7 million
VE / Sales 2019 9.94x
VE / Sales 2020 10.4x
Number of employees 103
Free float 37.6%

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