Carl Bretzman joined Mitsubishi HC Capital America to manage and grow business development initiatives in its industrial finance division.
Kristyn Scott joined Mitsubishi HC Capital America as director of capital markets. Scott will be responsible for all small-ticket capital markets activity across the organization involving transportation, construction, industrial, technology, medical and fitness equipment.
Mitsubishi HC Capital Canada, a subsidiary of Mitsubishi HC Capital America, hired Darren Sabeski as an account manager to support business development initiatives in its inventory finance division.
Mitsubishi HC Capital America closed two inventory finance transactions, totaling $400 million, to separate specialty vehicle partners to boost their purchasing power and enhance liquidity.
Mitsubishi HC Capital America hired Todd Witmer as senior origination leader for asset-based lending. Witmer’s previous position was president of southeast Michigan at Mercantile Bank.
Mitsubishi HC Capital America hired Tracey Rogers as director of capital markets. Prior to joining Mitsubishi HC Capital America, Rogers was vice president of capital markets for the equipment finance division at LendingClub Bank.
Mitsubishi HC Capital Canada, a subsidiary of Mitsubishi HC Capital America, designed a C$15 million ($10.99 million) floorplan financing solution for a transportation solutions provider to expand its physical presence across Canada and maximize its working capital.
Mitsubishi HC Capital America is expanding the depth and scope of its commercial finance solutions to fully encompass both the front and back end of the enterprise value chain.
Autocar, a manufacturer of engineered severe-duty vocational vehicles, partnered with Mitsubishi HC Capital America and ChargePoint to provide a bundled vehicle financing solution designed to help customers grow their electric fleets and install charging infrastructure.
Mitsubishi HC Capital America has dedicated additional resources aimed at helping clients meet their own clean energy goals through its integrated sustainable development group, which has team members based across the United States and Canada.