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Hitachi Business Finance Provides $2.5 MM Factoring Facility to Wholesale Supplier

Posted 04/16/2015

Rochester, MI, April 16, 2015 – Hitachi Business Finance today announced a $2.5 MM factoring facility to a wholesale supplier of machine parts for the financial industry.

The company, located in the Southern United States, was searching for a new source of capital that offered additional flexibility as they looked at future expansion plans. With their new factoring facility in place from Hitachi Business Finance, the company is looking forward to fulfilling new orders and securing additional clients.

“In instances such as this, a factoring facility made the most sense for this client because we could offer a quick turnaround and rely solely on their A/R from a known and respected company. The client now has a stable source of working capital financing that has enabled them to confidently pursue substantial growth opportunities.”

For more information, visit www.hitachibusinessfinance.com.

About Hitachi Business Finance Hitachi Business Finance is a division of Hitachi Capital America Corp. and provides customized, flexible financing solutions for companies looking for creative options to grow and sustain their businesses. Our solutions include factoring, revolving lines of credit secured by accounts receivable, inventory, and equipment, and government contractor financing. Based in Rochester, Michigan with offices in Atlanta, we provide financing solutions for small to mid-market companies across the United States. Learn more by visiting www.hitachibusinessfinance.com or calling (248) 658-1100.

About Hitachi Capital America Corp. Hitachi Capital America Corp. is an independent, diversified leasing and financial services company providing financing to Hitachi group companies and the commercial business sector in the United States and Canada. Hitachi Capital America offers a variety of asset-based financing solutions with a business focus on truck, vendor, trade, and medical equipment finance, as well as lease discounting and software financing. Learn more at www.hitachicapitalamerica.com.

 

Organization
Hitachi Business Finance
Phone Number
248-658-3206
Fax Number
248-658-1104