Accord Financial announced the opening of a new division, Accord Business Finance (ABF). ABF will offer notification and non-notification factoring. Sue Duckett and Micaella Cosentino have joined Accord to expand its product suite and will operate from its new Chicago office.

With nearly 25 years’ experience in invoice financing, Duckett has a proven track record of success, which will enable her to lead and grow Accord Business Finance. Her experience in factoring originated in the UK and expanded to the U.S. five years ago.  She provides a distinct perspective on how best to assist small and medium sized enterprises access working capital to help their business grow.  Prior to joining Accord, Duckett was employed as Executive Vice President at Bibby Financial Services, both in the U.S. and the United Kingdom.

Cosentino brings to ABF experience in operations and underwriting. Her ability to streamline processes, while maintaining risk responsibilities that impact the company’s bottom line will support the growth of the division. Prior to joining Accord, Cosentino’s responsibilities at Bibby Financial Services included sales support, transaction approvals and risk management.

Together, Duckett and Cosentino’s top priority is making accessible creative financial solutions for small- and medium-sized businesses nationwide. Accord Business Finance will be able to understand the challenges and opportunities that these enterprises face to succeed and grow.

For over 35 years, Accord Financial – The Distinctive Senior Debt Solution Provider – has consistently provided fast, practical solutions for companies in transition up to $20 million. Whether the need is working capital for acquisitions, ramping up sales or restructuring, we can help. Accord has an unusually strong balance sheet.