Hitachi Business Finance announced that Thomas Bayer has joined their team as an Origination Leader. Bayer will concentrate his efforts on asset-based lending and syndicated credit deals locally in the Northeast region and across the United States.

“Tom is a great addition to our team. He has an extensive background in the banking industry that will prove to be instrumental as we work to bring awareness to the Hitachi Business Finance name in the Northeast,” states Mike Semanco, president and COO.

In his role, Bayer is responsible for managing and expanding relationships with financial institutions, regional banks, and other lending institutions in syndicated transactions, with typical hold positions ranging from $5 - $25 million. Additionally, he will be working with entrepreneurial business owners looking for asset-based financing solutions.

The addition of Bayer furthers the company’s plans to expand its senior-secured financing capabilities. As an alternative to traditional lending institutions, Hitachi Business Finance provides flexible cash solutions including factoring, asset-based lines of credit, lender finance, and syndicated credit opportunities.

Bayer represents Hitachi Business Finance, which is part of the Commercial Finance division of Hitachi Capital America Corp. (HCA). He brings more than 30 years of experience in asset-based lending with growing companies. Most recently, he was with UBS Investment Bank, where he served as an Executive Director. Bayer also worked at Royal Bank of Scotland Business Capital and Webster Business Credit Corporation. Bayer has a Bachelor of Science in accounting from New York University.