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Carseat

Child Safety Product Manufacturer Supported by Accord Financial When Previous... Child Safety Product Manufacturer Supported by Accord Financial When Previous Financing Exited Market

Accord Financial Corp., one of North America’s leading independent commercial finance companies ("Accord") (TSX: ACD) moved quickly to help a leading child safety product manufacturer when the company’s previous lender decided to reduce its footprint in the Canadian market. Over the past several years, the company had resolved their supply chain problems by acquiring a contract manufacturer that had been making their products. When the company’s original lender pulled out, Accord was able to quickly grant a higher asset based operating line. This extra financing will give the company the funds they need to further consolidate their manufacturing processes as well as provide room for growth.

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02.22.23

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Accord Declares Regular Quarterly Dividend of 7.5 Cents Per Share

Accord Financial Corp. (TSX: ACD) today announced that its Board of Directors has declared a quarterly dividend of $0.075 per share, payable March 1, 2023, to shareholders of record at the close of business February 15, 2023.

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02.09.23

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Joey Grossman: Not Your Typical CPA

How do you work with our clients throughout their time with Accord?  I work with clients...

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11.22.22

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Accord Financial Announces Third Quarter Financial Results and Quarterly Dividend

Summary of Financial Results While navigating a challenging business environment, the Company’s third quarter performance reflected...

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11.03.22

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Irene Eddy Named Chief Financial Officer at Accord Financial

Accord Financial Corp., one of the U.S. and Canada’s leading independent commercial finance companies ("Accord") (TSX: ACD) is pleased to announce the promotion of Irene Eddy as its Chief Financial Officer effective October 1, 2022. As CFO, Eddy will lead Accord’s finance organization, responsible for providing strategic and operational leadership and supporting business unit leaders in all areas of finance, capital, reporting and strategy.

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10.05.22

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How to Deal With Staffing Problems in 2022?

Approaching the 4th year of the pandemic, Canadian businesses are struggling to secure not only enough employees but the right ones. HR departments and head-hunters are struggling to hire and retain employees for a number of reasons.

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09.13.22

Business Partnership Agreement

Partnership Buyout Agreement

When a company is owned and run by two or more entities, they establish a legal relationship by becoming business partners, sharing in the profits of the business. There are many different types of partnership agreement, and most partnerships will include provisions that spell out partnership buyout agreements. Think of these as corporate prenups.

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08.09.22

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Accord Financial Announces Second Quarter Financial Results and Quarterly Dividend

Accord Financial Corp. (TSX – ACD) today released its financial results for the three and six months ended June 30, 2022. The financial figures presented in this release are reported in Canadian dollars and have been prepared in accordance with International Financial Reporting Standards.

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08.03.22

Equipment Financing

What are the Benefits of Equipment Financing

A growing business needs capital to expand. However, as small business owners nationwide know very well, sometimes getting access to that capital isn’t always easy to do, and using existing revenues or savings is not always ideal. Many businesses require specialty equipment, and when expanding, they will need to purchase equipment to grow. This is where equipment financing can help.

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08.02.22