Hitachi Business Finance announced a $2.5 million factoring facility to a wholesale supplier of machine parts for the financial industry.
The company, located in the Southern United States, was searching for a new source of capital that offered additional flexibility as they looked at future expansion plans. With their new factoring facility in place from Hitachi Business Finance, the company is looking forward to fulfilling new orders and securing additional clients.
Hitachi Business Finance is a division of Hitachi Capital America Corp. and provides customized, flexible financing solutions for companies looking for creative options to grow and sustain their businesses. Our solutions include factoring, revolving lines of credit secured by accounts receivable, inventory, and equipment, and government contractor financing.