Mitsubishi HC Capital Canada, a subsidiary of Mitsubishi HC Capital America, hired Darren Sabeski as an account manager to support business development initiatives in its inventory finance division.

Sabeski will focus on new client initiatives, strengthening existing relationships and creating new partnerships with dealers and manufacturers in Manitoba, Alberta, Saskatchewan and British Columbia. He will also be supporting the company’s cross-border inventory financing capabilities with customers operating in both Canada and the U.S.

Sabeski has more than 30 years of inventory finance experience. Prior to joining Mitsubishi HC Capital America, he was with Wells Fargo Commercial Distribution Finance, holding positions of greater responsibility over more than 30 years, most recently as senior regional sales manager in western Canada.

“I am delighted to join a company that embodies my philosophy to be a trusted partner and advisor to the customers we serve,” Sabeski said. “Having close working client relationships is always good business and even more so in the current financial environment. As competitors reduce their operations and tighten their credit boxes, Mitsubishi HC Capital Canada offers customers consistency, stability and service levels that are unmatched in the industry.”

In the past three years, Mitsubishi HC Capital Canada’s inventory finance team has grown its assets under management five times over with the expectation that the division’s growth trajectory will continue to rise, according to Félix Beauregard, vice president of inventory finance at Mitsubishi HC Capital Canada.

“Darren’s impressive background and expertise will play a key role in the continued strategic growth of inventory finance,” Beauregard said. “His high-touch, customized approach aligns ideally with the relationship-driven business model we employ throughout the company.”

Beauregard added that construction, forestry, transportation, agriculture, material handling/forklift and green technology are key target industries for the division.

“Our goal is to become the top inventory finance provider across North America for manufacturers, dealers and their end users,” Beauregard said.