Accord Financial Corp. - Company Profile

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Accord Financial Corp.: Segment Analysis

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Business Description

Accord Financial Corp. (AFC) is a commercial finance company. It offers differentiated working capital and other financing solutions to entities in various sectors such as manufacturing, retail, services, wholesale, import and export, apparel and textiles, food and beverages, and construction among others. As of December 31, 2024, the company had total assets of CAD413.8 million and a total portfolio of CAD365.5 million. AFC provides its offerings in two categories: Financing Services, and Specific Solutions. The Financing Services category provides a range of flexible financing solutions which include asset-based lending; accounts receivable, lender, retail inventory, equipment, and media financing; factoring, and small business loans. The Specific Solutions category offers business-specific working capital solutions pertaining to business growth; buyouts and acquisitions; restructuring and turnaround; assistance in case of unexpected events; solutions for slow receivables Turnover and bad debt loss.

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Geographical Segments

Performance

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Performance

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