DETROIT, MI, June 26, 2023 – Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America, is pleased to announce that Todd Witmer has joined the company as Senior Origination Leader, Asset-based Lending.
Based in Southwest Michigan, Witmer will be responsible for scaling the company’s growth plans by connecting with business owners and referral partners to assist clients with their working capital needs. “Todd is an established leader in the commercial finance industry,” says Mike Semanco, President and COO, Business Finance for Mitsubishi HC Capital America. “We are excited to have him join our team as his extensive experience and history of success in growing markets will allow us to expand our presence throughout the Midwest.”
“I was drawn to Mitsubishi HC Capital America because of its strong resources and brand recognition,” says Witmer. “Our focus on developing and sustaining deep client relationships allows me to create custom working capital solutions in a timely manner, helping businesses take that next step to find success.”
Todd’s previous position was President- SE Michigan at Mercantile Bank. Prior to that, he held executive commercial banking and lending roles with Fifth Third Bank, Union Bank, JPMorgan and GE Capital. Additionally, he has worked in various corporate and finance positions assisting the executive suite. Todd holds a BS in accounting from York College of Pennsylvania.
About Mitsubishi HC Capital America
Mitsubishi HC Capital America is a specialty finance company that has extensive capabilities throughout North America with its affiliate, Mitsubishi HC Capital Canada, combining a consultative approach and expansive digital platform to help organizations of all sizes accelerate growth. With $7.5 billion in assets and more than 800 employees, the company is the largest non-captive, non-bank commercial finance company in North America. Mitsubishi HC Capital America partners with equipment manufacturers, dealers and distributors, as well as end customers, in providing customized financial solutions, including transportation and commercial finance. Dedicated to improving the communities where it operates, the company is committed to the United Nations Sustainable Development Goals. Visit https://www.mhccna.com/en-us
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