Hitachi Provides $100MM to Support TradeRocket’s Finance Platform
TradeRocket announced Hitachi Capital America has committed to provide up to $100 million of funding to the mid-market through TradeRocket’s supply chain finance program.
TradeRocket announced Hitachi Capital America has committed to provide up to $100 million of funding to the mid-market through TradeRocket’s supply chain finance program.
Hitachi Capital America’s newly-formed trade finance division funded more than $1.4 billion through December 31, 2015 and plans to fund more than $2 billion in its fiscal year ending March 31, 2016.
Hitachi Business Finance announced a Georgia staffing company and a Midwest-based kitchen and bath supplier have received working capital assistance from the asset-based lender.
Hitachi Capital America received Energi’s 2014 Excellence in Energy Innovation Award for being a leader in the implementation and financing of energy innovation.
Hitachi Government Finance, a division of Hitachi Capital America, announced a new partnership with Lafayette Federal Credit Union.
Hitachi Capital America announced that Mark C. Duncan has joined the company as the vice president and general manager of its Indirect Finance Business.
Hitachi Business Finance announced that they will close 2013 providing more capital to more clients than it has in previous years.
ACM Capital Partners announced it obtained $8 million in asset-based financing from Hennessey Capital for its client, TowerComm, a veteran of wireless tower services.
Hennessey Capital said it continues to see growth in the manufacturing sector. Of the new clients the company has secured recently, 66% are manufacturers, to which Hennessey provided more than $1 million total.
Hennessey Capital launched its new FactorFinance product. The program provides factoring companies access to working capital lines of credit and ancillary credit support services.