Mitsubishi HC Capital America Strengthens Channel Finance Capabilities with Hiring of Paul Slocum
WORTHINGTON, OH – Oct. 16, 2024 – Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America, is pleased to announce that Paul Slocum has joined the company as Vice President of Sales for the technology finance team.
Slocum will be responsible for the origination and structuring of supply chain and purchase order finance opportunities for channel partners, including technology and other solution providers, in industries with two- step distribution models. Mitsubishi HC Capital America's unique funding solution provides 100% product financing, which frees up cash embedded in the working capital cycle.
“Paul’s extensive experience in channel financing, combined with his track record of consistently exceeding volume goals and performance targets, makes him an invaluable addition to our team,” says Steve Weislogel, Senior Vice President, and head of the Technology Finance division. “His success in navigating complex financial landscapes, managing large credit facilities and driving growth in vendor leasing makes him well-equipped to support our clients and expand our technology finance solutions.”
“I’m excited to join Mitsubishi HC Capital America and contribute to its growth,” says Slocum. “Mitsubishi HC Capital America is making significant strides to deliver innovative solutions to the market and I look forward to using my experience to deliver value to our clients and strengthen our market position.”
Previously, Slocum served as Vice President of North American Sales at Peridot Financing Solutions and held executive leadership roles at IBM Global Financing. He holds a BBA from Evangel University and an MBA from Keller Graduate School of Management.
About Mitsubishi HC Capital America
Mitsubishi HC Capital America is a specialty finance company that has extensive capabilities throughout North America with its affiliate, Mitsubishi HC Capital Canada, combining a consultative approach and expansive digital platform to help organizations of all sizes accelerate growth. With $7.5 billion in assets and more than 800 employees, the company is the largest non-captive, non-bank commercial finance company in North America. Mitsubishi HC Capital America partners with equipment manufacturers, dealers and distributors, as well as end customers, in providing customized financial solutions, including transportation and commercial finance. Dedicated to improving the communities where it operates, the company is committed to the United Nations Sustainable Development Goals. Visit https://www.mhccna.com/en-us
Media contact
Katie Mullin, Vice President of Marketing Communications, kmullin@mhccna.com
Source: https://www.sfnet.com/home/industry-data-publications/the-secured-lender/tsl-express-daily-articles-news/tsl-express-daily-articles-news/2024/10/17/mitsubishi-hc-capital-america-strengthens-channel-finance-capabilities-with-hiring-of-paul-slocum