Hitachi Capital America Expands Trade Finance Solutions in Mexico
MAY 22, 2019 - 6:50 am
Hitachi Capital America, a specialty finance company focusing on commercial loans and leases, expanded its suite of working capital solutions in the Mexican marketplace, all while having witnessed a substantial growth of 30% in its trade finance portfolio in the past fiscal year.
Mexican companies seeking improvement in cash liquidity, sales, and procurement can now take advantage of HCA’s receivable, payable, and inventory solutions. These work on both sides of a balance sheet, can be extended down supply chains, and are most often non-recourse.
“We are excited to bring new financial solutions to the Mexican marketplace that are accessible to companies of all sizes through local partners, platforms, and fintech firms,” said Tim King, executive director of HCA’s Trade Finance. “These platforms provide a valuable service to their constituents by enabling companies to increase their liquidity while improving DSO, DPO, and DIO. Our team has spent a significant amount of time and resources learning and understanding the Mexican marketplace. We’re confident we have the distinct skillset and knowledge to help both SMEs and large corporations with their working capital needs. These new solutions – designed specifically for companies operating in Mexico – extend our current approach of joining partners together to provide clients with the highest possible value.”
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