Accord Financial is one of North America’s leading independent finance companies. It offers a complete spectrum of financing solutions for small and medium-sized companies, including asset-based lending, equipment financing, credit protection, supply chain finance, small business finance and media finance. These programs can range from $5,000 to $20M, ensuring that regardless of what stage of business the client is in, Accord can help keep businesses liquid.
Accord operates with the core purpose of helping companies reach their potential and simplifying access to capital so clients can thrive. The company prides itself on being able to evolve quickly to stay successful regardless of market changes and to remain a reliable finance partner with exceptional financial strength. The company generated $46.9M CAD of revenue in 2018 and is publicly traded on the Toronto Stock Exchange (ACD) with a market cap of $82.26M CAD.
Accord was founded in 1978 and went public in 1992 after several acquisitions. In recent years, the organization has implemented its five-year plan, redefining its pattern of evolution and transitioning from a narrowly focused finance company into a broad-based lender to many different types of clients, with the ability to lend up and down the balance sheet. Since 2013, Accord Financial has acquired or made significant strategic investments in Brome Capital, Varion Capital, CapX partners and BondIt Media Capital. These acquisitions have allowed the company to expand its product range, broaden geographically and strengthen its management team, driving the company to have its strongest year ever in 2018. Headquartered in Toronto, the company has six operating units and 100 employees dispersed among Canadian and US locations in Toronto, Vancouver, Montreal, Chicago, Santa Monica, California and Greenville, South Carolina.
Accord believes that the human element of business matters: people bring passion, innovation and growth to business. Through acquisitions, it has emphasized cultural fit when bringing people together under a unified umbrella. Its culture is centered on values that foster an environment that challenges the status quo, raises the bar on delivery and promotes curiosity. The culture is based on the belief that human capital matters and that trust is paramount.
The newly created position of Senior Vice President, Human Resources will be a change agent who will lead all Human Resources functions throughout the entire Accord Financial organization, setting and delivering on the Human Resources strategy to support business needs. As Accord continues through a period of rapid growth, he/she will be a guiding force in shaping the culture of organization along with developing the HR infrastructure, implementing policies and procedures related to recruitment, benefits, code of conduct, performance management and compensation. This dynamic leader, who is passionate about growth, will be a key figurehead in uniting and guiding the entire Accord team through this exciting change. Partnering with other leaders to drive strategic growth in all areas of the business, he/she will report directly to the President and CEO of Accord Financial, Simon Hitzig, who sits in Toronto.