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Hitachi Business Finance Expands to Upper Midwest; Hires Rachel as Origination Leader

April 14, 2021, 07:10 AM

Hitachi Business Finance has announced that Heather Rachel has joined their business development team, where she will focus her efforts on supporting business owners and trusted advisors across the United States.

Based in the greater Minneapolis area, Rachel will assist growing businesses with efficient access to working capital. “Heather is an exciting new addition to our team and is an established leader in the factoring and asset-based lending industry,” says Mike Semanco, Hitachi Business Finance president and COO. “We’re looking forward to leveraging her strong experience as we work to expand our presence across the upper Midwest, all while connecting with trusted partners across the country.”

“This team has long been dedicated to forging and sustaining deep client relationships,” says Rachel. “By joining such a trusted, established group I can be confident that our clients will receive the highest standards of attention and support.”

Previously Rachel served as V.P. of Business Development – Midwest for Republic Business Credit of New Orleans, LA. Prior to that she held roles with Bibby Financial Services and Transfact Capital. Additionally, she has worked in various corporate finance and consulting capacities assisting the executive suite.

Rachel has a Bachelor of Science degree from St. Catherine University, St. Paul MN. She holds board and committee positions with several professional organizations that include the Turnaround Management Association (TMA), Risk Management Association (RMA), and the Association for Corporate Growth (ACG). She is also the author of The B.I.G. Plan.

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