Mitsubishi HC Capital America, a non-bank, non-captive finance provider in North America with $7.5 billion in owned and managed assets, hired Michael Ollio as director of capital markets.
Ollio will be focused on funding equipment finance transactions and portfolios for capital markets partners, particularly those involving industrial, IT, medical, transportation and construction equipment. He will also seek investments in federal government transactions, lender finance, project finance and EaaS structures. In addition, Ollio will support partners who are assisting companies looking to improve their working capital with asset-based lending and cashflow term loans, receivable financings and floor plan lines.
“With more than 30 years of experience in the equipment finance industry, Michael is an exciting addition to our team,” Corinne Seton, senior vice president and head of capital markets for Mitsubishi HC Capital America, said. “We will be looking to leverage his expertise in equipment finance and adjacent sectors as we continue positioning the business for growth.”
“I was drawn to Mitsubishi HC Capital America because of its strong brand recognition and resources,” Ollio said. “The company’s focus on developing and sustaining deep capital markets relationships will allow me to create customized solutions in an effective manner, helping our financial partners take that next step to grow and succeed.”
Prior to joining Mitsubishi HC Capital America, Ollio worked as the capital equipment finance director, indirect originations at First Citizens Bank. He also held senior positions at Siemens Financial Services and PNC Leasing.
Ollio holds a BS in accounting with a minor in quantitative business analysis from Robert Morris University.
