Hitachi Business Finance, a division of Hitachi Capital America Corp., recently participated in five syndicated transactions and provided two A/R financing facilities for a total of $74.2 million.

As participants in syndicated transactions, Hitachi Business Finance offers hold positions ranging from $5 million - $25 million. Proceeds are used for working capital (A/R and inventory), equipment/capex and growth capital, acquisition, turnaround, and recapitalization financing.

“Hitachi’s strength in the syndicated market comes from our background as a non-traditional finance company because our partners and clients can take advantage of our flexibility as a non-regulated institution and our competitive pricing,” says Syndicated Lending Originations Leader Thomas Bayer.

“There’s been a lot of positive movement lately in the syndicated markets,” says Hitachi Business Finance President and COO Mike Semanco. “But still there remains countless small- to- medium size companies that need critical funding to complete that next order, hire additional employees, or meet seasonal needs. That’s where our other financing solutions – A/R financing and asset-based lines of credit – prove to be beneficial.”

Most recently, Hitachi Business Finance provided a $700,000 A/R facility to an electrical control manufacturer in Florida and a $500,000 A/R facility to a recycling company in Michigan. Both companies have plans to use the financing for additional working capital and to pay off existing lenders.

Adds Semanco: “Post revenue companies in growth mode find that asset-based financing proves to be extremely valuable because as the companies grow, so does the financing. There’s never a worry about securing a new contract or making payroll because the working capital is already in place.”

About Hitachi Business Finance

Hitachi Business Finance is a source of opportunity and information for entrepreneurs seeking solutions beyond traditional lending. Backed by the global power of Hitachi Ltd., and with more than a decade of proven success, we offer asset-based financing designed to help improve a company’s cash position.

Visit us at www.hitachibusinessfinance.com for more information.

About Hitachi Capital America Corp.

Hitachi Capital America Corp. is an independent, diversified leasing and financial services company providing financing to commercial businesses and other Hitachi companies in the United States and Canada. We offer a variety of asset-based financing solutions with a focus on truck, trailer, and floorplan financing; trade financing; medium/small ticket financing; structured financing; vendor financing; and asset-based lending. 

Learn more at www.hitachicapitalamerica.com.