Mitsubishi HC Capital Canada, a subsidiary of Mitsubishi HC Capital America, a non-bank, non-captive finance provider in North America, launched its Canadian platform in the private credit market. This expansion is aimed at increasing and aligning broader commercial finance offerings across both Canada and the United States.
The new private credit platform will offer a suite of lending products, including asset-based lending, senior secured cash flow lending and equipment financing for mid-market businesses with hold sizes up to $25 million. Senior secured cash flow lending will specifically target sponsor-backed companies, while asset-based lending and equipment financing will be available to private companies.
“For more than 45 years, we have proven to be a reliable financial partner with a track record of supporting borrowers through many business cycles,” François Nantel, president of Mitsubishi HC Capital Canada, said. “As a non-bank lender, we have the flexibility, asset knowledge and significant base of resources through our North American platform to deliver tailored financing solutions quickly, confidently and with a deep understanding of our clients’ industries and growth goals.”
“The launch of the Canadian private credit platform reflects our commitment to deliver tailored financing solutions to bridge the financing gap in the Canadian lending landscape,” Kevin Hall, vice president at Mitsubishi HC Capital Canada, said. “With the veteran team we’ve assembled, we can confidently address the evolving needs of middle-market businesses and private equity sponsors who are looking for partners to offer financing structures with larger transaction sizes with timely and reliable results.”
