Hitachi Capital America Trade Finance Expands to Mexico

Hitachi Capital America’s trade finance team will be expanding its capabilities to Mexico, as well as continuing its growth in its trade finance portfolio.

McKay Joins Hitachi Capital America as VP/Corporate Development

Chuck McKay joined Hitachi Capital America as vice president of corporate development, responsible for managing business planning, strategic marketing and acquisition targeting across HCA.

Hitachi Completes Seven Transactions Totaling $74.2MM

Hitachi Business Finance, a division of Hitachi Capital America, completed five syndicated transactions and provided two A/R financing facilities for a total of $74.2 million.

Tree Line Expands Lower Middle Market Lending with $267MM of New Capital

Tree Line Capital Partners expanded its lower middle-market direct lending platform with $267 million of new capital. The company also promoted Frank Cupido to partner.

HCA, Citi Provide Financing for Alpha Natural Resources

Alpha Natural Resources entered into a new $60 million A/R purchase facility with Hitachi Capital America and a new $200 million letter of credit facility with Citibank.

Besgen to Retire from Hitachi Capital America

William H. Besgen, senior advisor/vice chairman emeritus and former vice chairman, president and board director of Hitachi Capital America, will retire on March 31, 2017.

Hitachi Capital America Achieves 65% Funded Volume Growth in 2016

Hitachi Capital America reported $3.8 billion in funded volume in 2016, an increase of 65% from 2015. In addition, the company recorded $2.8 billion in total assets, up 44% from 2015

Hitachi Capital America Enters Partner-Finance Program with FastPay

Hitachi Capital America and FastPay entered into a partner-finance program to provide liquidity to enterprise-segment clients within the digital economy.

Creekridge Capital Becomes Hitachi Capital America Vendor Services

Creekridge Capital, which was acquired by Hitachi Capital America earlier this year, will now operate as Hitachi Capital America Vendor Services and continue to provide vendor financing programs, products and services.

Former GE Capital Exec Joins Hitachi Capital America as SVP/CCO

Suzanne Santos joined Hitachi Capital America as senior vice president operations and chief credit officer. Santos was previously with GE Capital as a managing director of Risk Data and Analytics.