Accord Financial Corp. ("Accord") (TSX: ACD), one of North America’s leading commercial finance companies, has created a new executive leadership position, hiring Cathy Osborne as Senior Vice President, Human Resources. Cathy will lead all human resources functions across the entire Accord Financial organization, developing a unified culture between the firms six operating units. She will be located in the firm’s Chicago office.

“Cathy will be a guiding force in shaping the culture of our organization by developing strategies to encourage innovation, collaboration, and career mobility,” stated Simon Hitzig, President and Chief Executive Officer. “One of Accord’s guiding principles is that people matter; Cathy will bring this idea to life by developing programs to attract and retain the best and the brightest. I look forward to working alongside her as the company continues its fast paced growth strategy.”

Cathy’s responsibilities will include driving strategy as it relates to human capital and workforce planning to develop engaged employees. She will advance Accord’s HR infrastructure, implementing policies and procedures related to recruitment, benefits, code of conduct, performance management and compensation. Cathy has a wealth of experience leading the HR function across a range of industries with her most recent position as Vice President, Human Resources at Leopardo Construction Company. She has her Bachelor of Science from Northern Illinois University.

“I am exited to join an organization so committed to defining, integrating and communicating its unique culture,” said Osborne. “I am also appreciative that this newly created position is a key part of Accord’s growth plan, and look forward to being a part of the team.”

About Accord Financial Corp.

Accord Financial Corp. is a leading North American finance company providing distinctive working capital solutions to companies from coast-to-coast. Accord’s flexible finance programs cover the full spectrum of asset-based lending, including: factoring, inventory finance, equipment finance, trade finance and film/media finance. For 40 years, Accord has helped businesses manage their cash flows and maximize financial opportunities.

For further information please visit www.accordfinancial.com or contact:

Simon Hitzig

Chief Executive Officer

Accord Financial Corp.

40 Eglinton Avenue East, Suite 602

Toronto, Ontario M4P 3A2

(416) 642-5649

hitzig@accordfinancial.com

Stuart Adair

Senior Vice President, Chief Financial Officer

Accord Financial Corp.

40 Eglinton Avenue East, Suite 602

Toronto, Ontario M4P 3A2

(416) 642-5647

sadair@accordfinancial.com