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Mitsubishi HC Capital Canada Achieves $2B Financing Portfolio Milestone

September 22, 2022, 07:45 AM
Filed Under: Industry News

Mitsubishi HC Capital Canada announced it has reached $2 billion in financing assets. Founded as CLE Leasing in Grand-Mère, Québec 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 billion in the span of 39 years, while the next billion was earned within just the past four years.

From the beginning, the company’s niche was working with companies with specific needs and challenges, and in developing relationships with entrepreneurial businesses with which they could develop real, growth-driven partnerships. This successful business development strategy provided strong performance and growth, which led to the company being acquired by Hitachi Capital Corp in 2014. When François Nantel joined in 2016 as President of Hitachi Capital Canada, he expanded the company’s focus to service bigger clients and larger deals. 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 corporate rebranding effort following a successful business integration.

“This business has soared,” said Nantel, President of Mitsubishi HC Capital Canada. “We constantly work hard and towards common goals. This latest announcement is the doing of many people, over many years and I’m proud to lead this team of exceptional people.”

Mitsubishi HC Capital Canada has positively changed over the years, as it has access to more resources, can be more competitive in the market and hire new talent. Nantel added, “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.”

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