Mitsubishi HC Capital Canada signed an agreement with a construction equipment manufacturer to provide inventory financing for heavy excavators to more than 10 distributors operating in all Canadian provinces and 40 distributors in the United States. The agreement also includes retail financing for the dealers’ end-users. The potential value of financing in the first year of the agreement is estimated at up to $25 million.

“We are excited about this partnership because our two organizations share a similar company culture of emphasizing a personal approach in our customer relationships,” Félix Beauregard, vice president of inventory finance at Mitsubishi HC Capital Canada, said. “Our focus on the relational level means we provide a high level of service that our customers won’t find anywhere else.”

Mitsubishi HC Capital Canada serves as a one-stop shop for dealers throughout the equipment procurement process, from purchase through the disposition of the equipment. Mitsubishi HC Capital Canada also offers an equipment rental solution and further specializes in inventory and retail financing for the transportation, materials handling, agriculture and utility industries.

“We’ve built a reputation for high quality customer service in the construction equipment sector,” Beauregard said. “I’m proud of the fact that we have dealers that we’ve been working with over the years who value our service and requested to the manufacturer that we be added as a financing partner.”