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Accord Financial Corp
ACCFF
Primary Symbol:
T.ACD
Alternate Symbol(s):
T.ACD.DB
Financial Services
Accord Financial Corp. is a Canada-based commercial finance company. The Company operates six finance companies in North America, namely, Accord Financial Inc. (AFIC), Accord Financial Canada Corp. (AFCC) and Accord Financial Ltd. (AFL) in Canada, and Accord Financial, Inc. (AFIU), BondIt Media Capital (BondIt) and Accord CapX LLC (doing business as Accord Equipment Finance (AEF), in the United States. The Company’s business principally involves asset-based lending by AFIC and AFIU, which entails financing or purchasing receivables on a recourse basis, as well as financing other tangible assets, such as inventory and equipment; equipment financing by AEF and AFCC. AFCC also provides working capital financing to small businesses through its Accord Small Business Finance (ASBF) subsidiary; film and media production financing by BondIt; and credit protection and receivables management services by AFL, which principally involves providing credit guarantees and collection services.
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TSX:ACD - Post by User
Accord Financial Corp
> trading at lowest p/e ever
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MaxCdn
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Comment by
MaxCdn
on May 01, 2019 10:42am
149 Views
Post# 29694633
RE:trading at lowest p/e ever
RE:trading at lowest p/e ever
Could be... but usually Cabadian banks do not like to invest in sub-prime lending companies like ACD.
An US small bank might be more interested. But only my opinion of course....
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