Chicago – October 28, 2020… CapX Partners (CapX), a leading provider of middle-market equipment leasing and financing programs, has completed its transition becoming fully part of the Accord Financial Corp. family rebranding as Accord Equipment Finance (AEF). In 2017, CapX merged with Accord retaining the CapX Partners banner under a three-year phased transaction.
Accord Equipment Finance delivers on the organization’s mission to provide a family of commercial finance products accompanied by speed and simplicity for its clients. “Our goal is to continue to offer streamlined, frictionless delivery of growth and liquidity themed capital” stated Jeffry Pfeffer, AEF President and member of the Accord executive leadership team. “While our business unit focuses on equipment finance, we now have the ability to provide our clients with a wide range of capital solutions.”
Accord Financial (Accord) (TSX: ACD) is North America’s most dynamic commercial finance company providing fast, versatile financing solutions for companies in transition including factoring, inventory finance, equipment leasing, trade finance, and film/media finance. Founded in 1978 and publicly traded on the Toronto Stock Exchange, Accord has built its success over four decades of providing responsive and flexible financing solutions to small and medium-sized businesses across the United States and Canada.
About Accord Equipment Finance
Accord Equipment Finance provides equipment finance and term debt solutions to middle-market companies seeking growth and liquidity. Accord Equipment Finance invests between $500,000 and $20M across manufacturing, distribution, technology, energy, and healthcare sectors throughout the U.S. and Canada. With leading-edge technology and quick turnaround, Accord Equipment Finance’s experienced management brings value to every transaction. For more information, visit www.accordfinancial.com