Hitachi Capital America Vendor Services (HCAVS) promoted Jacob Fahl to vice president of funding and portfolio services.

Fahl, who replaced Don Link upon his retirement in mid-January, joined the organization in 2014 as an opportunity development leader. Since then, he has helped grow the funding and portfolio services division by securing third party relationships in the small to mid-size ticket equipment finance space.

Fahl is engaged in the Equipment Lease and Finance Association, for which he currently serves on the Emerging Talent Advisory Council. In June 2020, Monitor named Fahl a “NextGen Leader” as part of a feature highlighting up-and-coming leaders below the age of 40 in the equipment financing industry.

Link had been with Hitachi Capital America for more than 20 years before his retirement.

“Don has been integral to our success,” Jim Teal, president of Hitachi Capital America Vendor Services, said. “His contributions to the company and finance industry are far-reaching and I’m thankful for his efforts. I am confident Jacob will continue to build off Don’s legacy and I am excited for Jacob’s future with the company.”