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Canada's Magazine for Financing & Leasing Executives

March 2, 2015

Varion Capital Corp. rebranded under the Accord Financial banner

Vancouver, BC--Accord Financial Corp. has announced that its subsidiary Varion Capital Corp. will begin doing business as Accord Financial effective immediately. This change completes Varion's transition into a national equipment finance company operating under the Accord banner.

"This rebranding is a natural step for Varion, and reinforces to our key stakeholders that Varion, now Accord, is part of a strong national finance company" says  Simon Hitzig, president of Varion.

Since Accord acquired Varion on  January 31, 2014, the company's strategy has focused on leveraging the brand presence and financial strength that comes with being part of the Accord Group. In particular, coming under the Accord umbrella has allowed Varion to finance larger transactions and to forge new partnerships with regional and national equipment vendors.

Varion's western Canadian presence also supports Accord's overall commitment to provide a full range of financing services to clients nationwide. Bringing the Accord brand to Varion's western base solidifies Accord's position as a premier national finance company.

"From coast to coast, Accord now offers a full spectrum of asset-based lending, from factoring and inventory finance, to equipment leasing and supply chain finance" adds Hitzig, "together with our strong U.S. presence, we are well-positioned as a North American leader in alternative finance."



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