Rod Hamilton, President of Accel Financial Group Appointed to Board of Directors of Canadian Finance and Leasing Association.VANCOUVER, British Columbia--(BUSINESS WIRE)--Sept. 24, 1997--ACCEL FIN. GROUP (Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). AFG AFG Afghanistan (international vehicle registration) AFG American Financial Group AFG Assistance to Firefighters Grant AFG Arbeitsförderungsgesetz (German: Labor Advancement Law) AFG Accreditation for Growth .) Accel Financial Group Ltd., is pleased to announce that its President, Rod Hamilton was elected to the Board of Directors of the Canadian Finance and Leasing Association The Finance and Leasing Association (FLA) is the leading trade association for the UK consumer credit, motor finance and asset finance sectors, and the largest organisation of its type in Europe. The FLA campaigns on key industry issues and influences proposals for change. ("CFLA CFLA Canadian Finance & Leasing Association CFLA Canadian Forces Legal Advisor CFLA Central Florida Locksmith Association (Ormond Beach, FL) CFLA Confusing Four Letter Acronym CFLA Catholics for Latin America ") at its Annual Conference held in Ottawa September 17 through 19, 1997. The CFLA represents equipment and vehicle leasing Vehicle leasing refers to leasing the use of a motor vehicle for a fixed or indefinite period of time. It is commonly offered by dealers as an alternative to vehicle purchase. and asset-based finance Asset-Based Finance A specialized method of providing structured working capital and term loans that are secured by accounts receivable, inventory, machinery, equipment and/or real estate. companies in Canada. The 141 member strong CFLA is made up of the leading finance companies and institutions in Canada, as well as leading members of the accounting and legal professions. The CFLA is active in the ongoing discussions between industry and government in important public policy areas such as taxation and regulation of financial instruments. The CFLA is also active in assisting its membership to increase the awareness on the part of the financial markets and the general public of the industry, its products, services and contributions to the economy. In its Annual Report for 1996-1997, the CFLA estimates that in the last 5 years in Canada, the annual rate of growth for the industry averaged well in excess of 20 percent, compared to a 3.4 percent growth rate for the economy as a whole. Mr. Hamilton has been active in the CFLA and has served on CFLA committees in the past. His election to the Board of Directors and his invitation to deliver an address to the recent Annual Conference, reflects Accel Financial Group's growing leadership role in the equipment lease financing industry in Canada. Accel Financial Group Ltd. is a Vancouver based company in the business of financing equipment leases to businesses across Canada Across Canada was an afternoon program that formerly aired on The Weather Network. The segment ran from early 1999 until mid 2002. The show ran from 3:00PM ET until 7:00 PM ET. that, for a variety of reasons, do not qualify for financing from conventional sources. -0- The Alberta Stock Exchange neither approves nor disapproves the information contained herein. CONTACT: Accel Financial Group Ltd. Mr. Ben Buan, 604/687-7090 604/687-7092 (FAX) |
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