TORONTO, Nov. 2 /CNW/ - Accord Financial Corp. (TSX - ACD) is pleased to announce that it has acquired 100% of i Trade Finance Inc., a small Ontario based finance company specializing in international trade finance. Cash consideration was approximately $1.6 million. As a result of the acquisition, Accord will recognize an extraordinary gain of approximately $0.8 million in the current quarter, which represents the excess of the fair value of net assets acquired over the consideration paid. Accord is a leading North American provider of a wide range of factoring and other asset-based financial services to businesses, including financing, collection services, credit investigation, credit protection and guarantees. %SEDAR: 00001979E