Thomas Bayer joined Hitachi Business Finance as an origination leader. He will concentrate his efforts on asset-based lending and syndicated credit deals in the Northeast region and across the U.S.

“Tom is a great addition to our team. He has an extensive background in the banking industry that will prove to be instrumental as we work to bring awareness to the Hitachi Business Finance name in the Northeast,” Mike Semanco, president and COO said.

Bayer brings more than 30 years of experience in asset-based lending with growing companies. Most recently, he was with UBS Investment Bank, where he served as an executive director. Bayer also worked at Royal Bank of Scotland Business Capital and Webster Business Credit.

Bayer is responsible for managing and expanding relationships with financial institutions, regional banks, and other lending institutions in syndicated transactions, with typical hold positions ranging from $5 million to $25 million. Additionally, he will be working with entrepreneurial business owners looking for asset-based financing solutions.

The addition of Bayer furthers the company’s plans to expand its senior-secured financing capabilities. As an alternative to traditional lending institutions, Hitachi Business Finance provides flexible cash solutions including factoring, asset-based lines of credit, lender finance, and syndicated credit opportunities.

Hitachi Capital America is an independent, diversified leasing and financial services company providing financing to commercial businesses and other Hitachi companies in the U.S.