La Financière Accord finalise la vente de 63,2 millions de dollars d'actifs de portefeuille locatif aux États-Unis
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 30 2024
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Source: Businesswire
Asset Sale Announcement: Financière Accord Corp. has sold its portfolio assets from Accord Equipment Finance to a major private factoring and financing company in the U.S. for $63.2 million, which will enhance its tangible equity and support its strategic focus on core business areas.
Future Growth Initiatives: Following the transaction, Accord aims to strengthen its position in North American debt financing and expand its presence in the Canadian small business financing sector, with plans for balance sheet initiatives to foster renewed growth in 2025.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
