S.R. Accord and Arno Capital signed a strategic partnership agreement to finance real estate ventures – the capital market

The non-bank credit company

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, And group Arno Capital, Will cooperate to provide a comprehensive solution for financing needs in the real estate sector. SS Accord controlled by Adi Zim and Arno Capital controlled by Dana Sander.

The cooperation will provide equity completion and all other financing services required as part of accompanying construction processes. Following the move, SR Accord and the Arno Group align with the banking system and offer a holistic solution and an attractive alternative to banking support. The aforesaid cooperation may reach hundreds of millions of shekels already during the current year and accordingly will significantly increase the business activity of the two companies in the real estate sector in Israel.

Adi Zim: “The cooperation agreement is another expression of confidence in SR Accord’s capabilities in the field of credit, committees for the high reliability of the company. In the current challenging period there is a real need for a comprehensive financial solution for developers and contractors in the real estate sector, and in particular That the cooperation between the Arno Group and us will help them a lot. I believe that together we will soon become a dominant factor in the field. The agreement is another important step in the accelerated business development of the company, which will lead to new opportunities for us, all while controlling risk. ”

Dana Sander: “Joining SS Accord is another step in the group’s growth trend and significantly expands the range of financing and credit we will offer as a holistic solution to the entrepreneurship and contracting sector in Israel.”
SR Accord, controlled by businessman Adi Zim, operates in the field of non-bank financing and credit, mainly through trading in deferred relays, trading in deferred relays of third parties and / or independent relays. The company’s shares are traded on the Tel Aviv Stock Exchange at a value of over NIS 800 million, and in November 2020 it completed the issuance of its first series of bonds in the amount of NIS 191 million.