Mitsubishi HC Capital Achieves $2B in Financing Assets
SEP 22, 2022 - 7:25 am
Mitsubishi HC Capital Canada reached $2 billion in financing assets. Founded as CLE Leasing in Grand-Mère, Québec, CA in 1979, the company has grown from a small, local finance shop to become a pan-Canadian specialty finance powerhouse with cross-border capabilities across North America. The accomplishment is significant because the company reached its first $1 billion in the span of 39 years, while the next $1 billion was earned within the past four years.
Its business development strategy provided strong performance and growth, which led to the company being acquired by Hitachi Capital in 2014. When François Nantel joined in 2016 as president of Hitachi Capital Canada, he expanded the company’s focus. The combination of his leadership, the Hitachi brand and new capital infusion helped the business reach further successes.
In 2021, Hitachi Capital Canada changed its name to Mitsubishi HC Capital Canada to reflect a new rebranding effort following a successful business integration.
“Regardless of how we’ve grown, our portfolio size, or how many people we employ, the team continues working exceptionally hard to develop mutually beneficial relationships with our clients and provide solutions that matter,” Nantel said.
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