Names Jim Hogan
President, U.S. Commercial
TORONTO, Nov. 17,
2022 /PRNewswire/ -- 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.
Marcel Borg, VP National Sales,
Equipment Finance is newly hired on the U.S. Commercial team.
"What drew me to Accord was their ability to provide creative
financing solutions," stated Borg. "This opens the door for many
mid-sized businesses needing equipment finance." Most recently as
director at Sumitomo Mitsui Finance and Leasing Co., Borg led their
capital markets group and new business development efforts. He has
20 years of experience in finance, including 12 years at Bank of
America. He has a BBA from Western Michigan
University and his MBA, Finance from Walsh College.
About Accord Financial
Corp.
Accord Financial is North
America's most dynamic commercial finance company providing
fast, versatile financing solutions for companies in transition
including asset-based lending, factoring, inventory finance,
equipment leasing, trade finance, and film/media finance. By
leveraging our unique combination of financial strength, deep
experience, and independent thinking, we craft winning financial
solutions for both small businesses and medium-sized enterprises,
simply delivered, so our clients can thrive. For 44 years, Accord
has helped businesses manage their cash flows and maximize
financial opportunities. www.accordfinancial.com
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SOURCE Accord Financial