Mitsubishi HC Capital America – and its subsidiary, Mitsubishi HC Capital Canada – along with Mitsubishi HC Capital (U.S.A.) and ENGS Commercial Finance has merged to create the largest non-bank, non-captive finance provider throughout North America...
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April 04, 2023, 07:25 AM
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The Lion Electric Company, a manufacturer of all-electric medium- and heavy-duty vehicles, announced the company has entered into an agreement with Mitsubishi HC Capital Canada, a subsidiary of Mitsubishi HC Capital America, and its related company...
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February 13, 2023, 07:25 AM
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ENGS Commercial Finance Co. announced the integration of Notarize into its FinTech platform. Notarize gives customers on-demand access to notary services through a comprehensive and secure platform.Through Notarize, customers can schedule their...
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February 07, 2023, 07:05 AM
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ENGS Commercial Finance Co. announced the appointment of Roman Gajda, a member of the leadership team at ENGS, to ELFA’s Independent Business Council Steering Committee.Gajda joined ENGS in 2015 and has been a key contributor on ENGS’ fintech...
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January 12, 2023, 07:13 AM
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ENGS Commercial Finance Co. has been awarded a Top Workplace 2022 honor by the Chicago Tribune as one of the most dynamic and industry leading businesses in the Chicagoland area. The recognition is based solely on anonymous employee feedback gathered...
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December 15, 2022, 07:05 AM
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ENGS Commercial Finance Co. has launched the ENGS Mobile App 3.0, drastically improving the user experience and self-service capabilities. The platform offers a one-stop location for customers to easily manage their account on the go from their...
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December 01, 2022, 07:15 AM
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Battle Motors, Inc., formerly Crane Carrier Company (CCC), an over 70-year-old manufacturer of Class 6-8 heavy-duty work trucks, and ENGS Commercial Finance Co. have partnered to launch an industry-best customer finance platform in Battle Motors...
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October 13, 2022, 07:20 AM
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ENGS Commercial Finance Co. announced the integration with Salesforce’s Tableau platform enhancing further ENGS proprietary AI engine and customer KPI analytics platform.“Utilizing our extensive database and proprietary predictive capabilities...
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June 21, 2022, 07:19 AM
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ENGS Commercial Finance Co. specializes in providing loans and leases for equipment and risk management products vital to organizations in the transportation, industrial and construction sectors. ENGS has a long history of prioritizing customer...
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June 14, 2022, 07:15 AM
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Northteq, Inc. announced a Salesforce-based automated fraud mitigation solution for equipment finance lenders utilizing Ekata's industry leading technology. The solution was first implemented to enhance Northteq’s lease/loan origination system (LOS)...
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June 10, 2022, 07:24 AM
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ENGS Commercial Finance Co. continued its advancement of new technology into the commercial finance space by fully automating the Uniform Commercial Code (UCC) submission and tracking process.Prior to this advancement, the process for filing the UCC...
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April 19, 2022, 07:12 AM
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Nikola Corporation and ENGS Commercial Finance Co., a member of Mitsubishi HC Capital Group (MHC), announced a signed agreement to facilitate sales of Class 8 Nikola Tre battery-electric vehicles (BEVs) and Nikola Tre hydrogen fuel-cell electric...
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March 30, 2022, 07:24 AM
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ENGS Commercial Finance Co. (ENGS), a subsidiary of Mitsubishi HC Capital, Inc. (MHCC), announced Ben Palmer has joined the company as Business Development Manager for the Construction Division. In this role, Palmer will be responsible for working...
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March 24, 2022, 07:18 AM
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ENGS Commercial Finance Co., a subsidiary of Mitsubishi HC Capital, Inc. (MHCC), announced Tom Canepa has joined the company as Vice President, National Accounts for Sustainable Development Goals (SDGs). In this role, Canepa will be responsible for...
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March 08, 2022, 07:19 AM
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ENGS Commercial Finance Co., (ENGS), a member of Mitsubishi HC Capital Group (MHC), announced financial results for Fiscal Year 2021, with record originations and portfolio growth.In 2021, the ENGS equipment finance business originated more than $850...
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February 08, 2022, 07:24 AM
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ENGS Commercial Finance Co., a member of Mitsubishi HC Capital Group (MHC), announced an integration with Box, a leader in cloud content management, to elevate its back-office system for securely managing customer account records.The Box integration...
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January 13, 2022, 07:08 AM
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ENGS Commercial Finance Co., a member of Mitsubishi HC Capital Group (MHC), announced well-deserved employee promotions across multiple disciplines, specializations and experience.Bryan Bellows has been promoted to Region Director within the...
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January 03, 2022, 07:20 AM
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ENGS Commercial Finance Co., a member of Mitsubishi HC Capital Group, announced the appointment of two of its employees to serve on the Equipment Leasing and Finance Association (ELFA) committees for a two-year term. Steven Holben, CLFP, Director of...
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November 02, 2021, 07:18 AM
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ENGS Commercial Finance Co., a member of Mitsubishi HC Capital Group (MHC), announced the promotion of Aggie Weber, PMP, to the position of Information Systems Vice President of Applications. In this new position, Weber will be responsible for...
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October 26, 2021, 07:05 AM
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ENGS Insurance Agency, LLC (EIA), a subsidiary of ENGS Commercial Finance Co. (ENGS), announced Maria Fonseca has been promoted to Senior Finance and Operations Manager – EIA.EIA specializes in the Transportation, Industrial, and Construction...
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October 05, 2021, 07:03 AM
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Mitsubishi HC Capital (U.S.A.) Inc., ENGS Commercial Finance Co. and Mitsubishi HC Capital America, Inc., the North American commercial finance subsidiaries of Mitsubishi HC Capital Inc., are announcing rebranding their trade name following the birth...
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October 01, 2021, 07:20 AM
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ENGS Commercial Finance Co., a member of Mitsubishi HC Capital Group (MHC), announced that ENGS will be making a change to its Application-Only threshold and will be able to approve exposures on an App-Only basis up to $1,000,000 for qualified...
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September 24, 2021, 07:18 AM
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With the continual digitization of business, traditional banks and finance companies have struggled to find ways to maintain security and accuracy of data while accelerating review and approvals of credit applications. ENGS Commercial Finance Co....
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June 02, 2021, 07:18 AM
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ENGS Commercial Finance Co., a member of Mitsubishi HC Capital Group, has launched a new interactive website (www.engsfinance.com) with improved features that delivers an enhanced experience for visitors. The new website has been designed to offer...
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May 06, 2021, 07:02 AM
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Mitsubishi UFJ Lease & Finance Co., Ltd. (MUL) and Hitachi Capital Corporation (HC) have merged to form Mitsubishi HC Capital Co., Ltd.As a result of this merger, Mitsubishi HC Capital will be one of the largest global players in the industry in...
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April 13, 2021, 07:25 AM
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ENGS Insurance Agency, LLC (EIA), a subsidiary of ENGS Commercial Finance Co. (ENGS), announced Cliff Dunigan, CPCU, RPLU, has joined the company as Managing Director, EIA.EIA specializes in the transportation, industrial, and construction industries...
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March 03, 2021, 07:18 AM
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ENGS Commercial Finance Co., a Mitsubishi UFJ Lease and Finance company, has long understood the power that technology and digitization plays for businesses. To lead and service its vendors and customers faster and with more precise offerings, ENGS...
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February 16, 2021, 07:21 AM
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ENGS Commercial Finance Co., a Mitsubishi UFJ Lease and Finance company, announced the appointment of Christopher D. Johanneson to the Executive Team as the Managing Director of Operations, Marketing and Digital Strategy.
In this new position...
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February 12, 2021, 07:22 AM
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ENGS Commercial Finance Co. a Mitsubishi UFJ Lease and Finance company, announced it has earned the 2021 Top Workplaces USA award and the Financial Services Industry distinction, issued by Energage. This is the inaugural year for Top Workplaces USA...
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February 10, 2021, 07:15 AM
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ENGS Commercial Finance Co., a Mitsubishi UFJ Lease and Finance company, announced Chris Johnson, CLFP, has joined the company as Director of Sales for its Construction Division. In this role, Johnson will be responsible for providing growth strategy...
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January 26, 2021, 07:22 AM
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ENGS Commercial Finance Co., a Mitsubishi UFJ Lease and Finance company, announced Paul D. Braspenninckx has joined the company as Vice President of Sales in its Industrial Finance Division. In this role, Braspenninckx will be responsible for...
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December 04, 2020, 07:25 AM
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ENGS Commercial Finance Co., a Mitsubishi UFJ Lease and Finance company, announced it has again been awarded the Top Workplace by the Chicago Tribune as one of the most dynamic and industry leading business in Chicago for 2020. This distinction is...
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November 06, 2020, 07:09 AM
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ENGS Commercial Finance Co. announced Gene DiStefano has joined the company as Business Development Manager in its Construction Finance Division. In this role, DiStefano will be responsible for business development efforts to construction vendors...
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September 09, 2020, 07:20 AM
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ENGS Commercial Finance Co. (ENGS) announced its working capital subsidiary, ENGS Commercial Capital (ECC), is offering floor plan financing to qualified dealers and equipment manufacturers.“ENGS is committed to helping our OEM and vendor partners...
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September 01, 2020, 07:15 AM
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ENGS Commercial Finance Co. announced that its working capital subsidiary, ENGS Commercial Capital (ECC), recently closed and funded a $30 million non-recourse factoring facility for an industry leading market technology services company.For over 40...
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August 06, 2020, 07:18 AM
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It is with great sadness that we share the news that David Stearns, our Sr. Vice President – Industrial Equipment Division at ENGS Commercial Finance Co. (“ENGS), passed away as the result of a terrible motorcycle accident on Saturday, July 25. David...
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July 31, 2020, 07:10 AM
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EGS Commercial Finance Co. announced that Ty Erquiaga has returned to ENGS as a Program Manager for the Industrial Finance Division dedicated to the clients of Lincoln Electric as well as the Fabrication/Structural Steel market. “We are thrilled to...
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July 14, 2020, 07:15 AM
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Craig Weinewuth, President and Chief Executive Officer of ENGS Commercial Finance Co., issued a statement to provide an update: “We are excited to provide an update from our last communication letting you know ENGS Commercial Finance Co. (ENGS)...
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June 09, 2020, 07:05 AM
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ENGS Commercial Finance Co. announced the promotion of Christopher Johanneson to Vice President of Digital Strategy, Marketing & Originations.Johanneson joined ENGS in 2016 as Director of Sales and took on roles of increasing responsibility...
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April 17, 2020, 06:55 AM
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ENGS Commercial Finance Co. announced Tyler Butsko has joined the company as Business Development Manager in its Transportation Finance Division. In this role, Butsko will be responsible for business development efforts to Transportation vendors and...
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April 06, 2020, 07:25 AM
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We are in the midst of a historic time, dealing with a global pandemic and the related uncertainty. This is a time for coming together and supporting each other even if it is done in a virtual environment. We at ENGS Commercial Finance Co. want you...
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March 27, 2020, 07:00 AM
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ENGS Commercial Finance Co. announced Bryan Bellows has joined the company as Business Development Manager in its Transportation Finance Division. In this role, Bellows will be responsible for business development efforts to Transportation vendors...
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March 12, 2020, 07:20 AM
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ENGS Commercial Finance Co., a Mitsubishi UFJ Lease and Finance (MUL) company, achieved record-breaking originations in Q4 2019. In December, ENGS funded a single month record of $115 million, and for the quarter, ENGS funded $222 million. This...
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January 21, 2020, 07:25 AM
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ENGS Commercial Capital, a subsidiary of ENGS Commercial Finance, a Mitsubishi UFJ Lease & Finance Company, announced David Baker has joined as Vice President, Business Development Officer.In this role, Baker will be responsible for new business...
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August 13, 2019, 07:19 AM
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ENGS Commercial Finance Co. announced Tim Auxier has joined the company as Business Development Manager in its Transportation Finance Division.Auxier will provide financing solutions for dealers and end-users in the Rocky Mountain region, including...
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February 06, 2019, 07:25 AM
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ENGS Commercial Finance Co. announced Meghan McComas has joined the company as Business Development Manager in its Transportation Finance Division.Greg Clemens, Director of Sales for the Transportation Division, said, “We are excited to have Meghan...
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January 30, 2019, 07:20 AM
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ENGS Commercial Capital (ECC) announced Lorraine Julius has joined as Senior Vice President, Business Development Manager. In this role, she will be responsible for new business origination and other business development objectives in the western U.S...
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January 18, 2019, 07:25 AM
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ENGS Commercial Finance Co. announced Lance Wright has joined the company as Business Development Manager in its Transportation Finance Division.Wright joins the ENGS team after many successful years of transportation and equipment finance experience...
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November 20, 2018, 07:20 AM
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ENGS Commercial Finance Co. announced John Vande Moore, Chief Financial Officer, has been elected to serve a two-year term on the Equipment Leasing and Finance Association’s Small Ticket Business Council Steering Committee.
The Small Ticket Business...
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November 15, 2018, 07:00 AM
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ENGS Commercial Finance Co. announced its shareholders, led by Aquiline Capital Partners, a New York-based private-equity firm investing in financial services, has entered into an agreement to sell all shares of ENGS to Mitsubishi UFJ Lease & Finance...
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October 29, 2018, 07:25 AM
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ENGS Commercial Finance Co. introduced LenderTrax, a highly efficient technology enabled lease and loan platform for vendors and customers. LenderTrax provides a completely digital and mobile-ready financing process that fully automates the...
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October 25, 2018, 07:25 AM
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ENGS Commercial Finance Co. announced Bryan Anderson has joined the company as Business Development Manager in its Transportation Finance Division. In this role, Anderson will be responsible for business development efforts to Transportation vendors...
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September 27, 2018, 07:20 AM
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ENGS Commercial Finance Co. announced John Buckner has joined the company as Business Development Manager in its Transportation Finance Division. Buckner will be responsible for business development efforts to Transportation vendors and fleet...
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September 13, 2018, 07:20 AM
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ENGS Commercial Finance Co. announced Anthony Hooks has joined the company as Business Development Manager in its Transportation Finance Division.In this role, Hooks will specialize in providing transportation fleet financing nationwide in addition...
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August 28, 2018, 07:25 AM
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ENGS Commercial Finance Co. (ENGS) announced Andrew Osborn has joined its subsidiary, ENGS Commercial Capital (ECC), as Executive Vice President, Director of Sales.In this role, Osborn will oversee the company’s new business origination and marketing...
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August 01, 2018, 07:15 AM
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ENGS Commercial Finance Co. announced Travis Pocock has joined its subsidiary, ENGS Commercial Capital (ECC), as Vice President, Business Development Manager.In this role, Pocock will focus on establishing new business relationships within the...
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May 23, 2018, 07:20 AM
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ENGS Commercial Finance Co. has reached a significant milestone of funding $113 million in the first quarter of 2018, representing 33 percent year-over-year growth, the highest origination quarter in the company’s history.“We are thrilled with our...
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April 11, 2018, 07:28 AM
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ENGS Commercial Finance Co. announced it has reached a significant milestone, processing over 100,000 credit applications since June 2013, when the company began tracking the number of applications received.“This is a proud accomplishment and...
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March 22, 2018, 07:20 AM
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ENGS Commercial Finance Co. has announced the relocation and expansion of its corporate headquarters to a new, much larger space in Itasca, Ill.In advance of the move, ENGS has also completed a major rebranding, which is part of an overall...
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March 15, 2018, 06:00 AM
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ENGS Commercial Finance Co. announced it has launched a secure electronic signature documentation solution for its Transportation Division. This solution, which is among the first of its type in the commercial equipment finance space, has already...
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March 13, 2018, 07:25 AM
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ENGS Commercial Finance announced that it has launched a secure electronic signature (“E-Signature”) documentation solution for its Construction Division. This solution, which has successfully been implemented throughout the company’s Transportation...
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February 14, 2018, 07:00 AM
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ENGS Commercial Finance Co. (“ENGS”) announced the launch of a new, interactive website and logo as part of a rebranding effort to reflect its commitment to provide the best and most advanced technology offering. This new website also more clearly...
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December 07, 2017, 07:19 AM
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ENGS Commercial Finance Co. (‘ENGS’) announced that Salvatore (“Sal”) M. Trupiano has joined the company as Vice President, Credit and Underwriting for the company’s Working Capital Finance subsidiary, ENGS Commercial Capital (‘ECC’).In this role...
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November 15, 2017, 06:43 AM
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ENGS Commercial Finance Co. (“ENGS”) announced today that it has closed on a new revolving credit facility for its Factoring subsidiary, ENGS Commercial Capital, LLC. This new facility is with Wintrust Commercial Banking.Tania Daniel, Managing...
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October 03, 2017, 07:00 AM
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ENGS Commercial Finance announced that Brody Duncan has joined the company as a Business Development Manager in its Construction Finance Division covering the Midwest. In this role, Duncan will be working with Manufacturers, Dealers, and end user...
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August 29, 2017, 07:10 AM
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ENGS Commercial Finance Co. (‘ENGS’) announced that T.J. Gill has joined the company as Vice President, Business Development Manager to the company’s Factoring subsidiary, ENGS Commercial Capital (‘ECC’).In this role, Gill will focus on establishing...
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August 24, 2017, 07:00 AM
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ENGS Commercial Finance Co. announced that Jeff Holtshopple has joined the company as a Business Development Manager in its Professional Referral division. In this role, Holtshopple will be working with Banks, Credit Unions and other Finance...
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August 15, 2017, 07:30 AM
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First Foundation Inc., a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced today they have hired Larry Scarpone as Vice President, Credit Manager of the bank’s...
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July 07, 2017, 07:17 AM
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ENGS Commercial Capital, a division of ENGS Commercial Finance Co. (“ENGS”), announced that it closed on a $2.5MM factoring facility in the staffing space for an agency that provides skilled labor to the construction industry. In the last 90 days...
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June 27, 2017, 06:57 AM
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ENGS Commercial Finance Co. (“ENGS”) announced the release of the ENGS Mobile App 2.0, a platform that offers connectivity and convenience for our customers to access their online accounts. The ENGS Mobile App (for iPhone & Android users) provides...
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June 21, 2017, 07:00 AM
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ENGS Commercial Finance Co. (‘ENGS’) has announced the expansion of two office locations as well as additional team members to the company’s Factoring subsidiary, ENGS Commercial Capital (‘ECC’).Joining the company are Bronwyn Hobson, Vice President...
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May 25, 2017, 07:11 AM
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ENGS Commercial Finance announced that Angela Anderson has joined the Industrial Equipment team as Director of National Accounts. In this role, Anderson will be responsible for the leadership of the National Accounts team, and growing and developing...
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May 16, 2017, 07:04 AM
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ENGS Commercial Finance announced that it has launched a secure electronic signature (“E-Signature”) documentation solution for its dealers and customers. This solution, among the first of its type in the commercial equipment finance space, provides...
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May 04, 2017, 07:10 AM
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Engs Commercial Finance (“ENGS”) announced that it has closed a $100MM securitization warehouse facility with the Bank of Montreal (“BMO”) as Lender and BMO Capital Markets Corp. as Agent. This facility adds incremental liquidity to ENGS’ existing...
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April 20, 2017, 07:15 AM
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ENGS Commercial Finance announced that it has added PNC Bank (“PNC”) and its $75MM commitment to its $455MM ABL credit facility. PNC will assume the roles of Syndication Agent and Joint Lead Arranger on the transaction. The ABL facility is agented by...
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April 18, 2017, 07:15 AM
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ENGS Commercial Finance announced that Christopher Kelly has joined the company as the Director of Sales of its newly launched Construction Division. In this role, Mr. Kelly will be responsible to develop ENGS into a nationally recognized market...
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April 04, 2017, 07:19 AM
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ENGS Commercial Finance announced that Tom Miller has joined its Industrial Equipment Division as Director of Sales. In this role, Mr. Miller will be responsible for the leadership of the Industrial Equipment Sales team, growing the sales team, and...
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March 22, 2017, 07:04 AM
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ENGS Commercial Finance announced the addition of new team members to the company’s Factoring Division, ENGS Commercial Capital (‘ECC’). Joining the company are Nicole Montrone, Vice President, Sales; Leslye Campos, Vice President, Operations;...
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March 21, 2017, 07:12 AM
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ENGS Commercial Finance announced that Chris Johanneson has joined the company as the Transportation Division Director of Sales, Eastern U.S. In this role, Johanneson will manage and grow ENGS’s East Coast Sales team and refine the company’s product...
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January 10, 2017, 07:05 AM
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ENGS Commercial Finance Co. announced that Tania Daniel has joined the company as the Managing Director of its newly launched Factoring Division. In this role, Ms. Daniel will be responsible to develop ENGS’s Factoring Division into a nationally...
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January 04, 2017, 07:07 AM
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Engs Commercial Finance closed a $198.6 million equipment securitization on November 4, 2016 through Engs commercial Finance Trust 2016-1. This is Engs’ second transaction since 2015, collateralized by a segregated pool of commercial loan contracts...
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November 07, 2016, 07:15 AM
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The Alta Group announced that it served as financial advisor to Indianapolis-based Connext Financial, Ltd. in its recent acquisition by Engs Commercial Finance Co. of Lisle, IL. Connext Financial is a leading lender in industrial equipment finance...
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October 06, 2016, 07:22 AM
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Engs Commercial Finance Co., one of the nation’s oldest and largest independent commercial finance companies, and Connext Financial, Ltd., a leading lender in Industrial Equipment finance, jointly announced today that they have entered into...
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October 04, 2016, 07:20 AM
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As one of the oldest and largest finance companies in the United States, ENGS Commercial Finance Co. has the unique opportunity to observe some of the challenges clients face in obtaining insurance for their equipment. In funding equipment loans for...
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August 08, 2016, 07:10 AM
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LeaseTeam will soon hold its annual Users’ Conference in downtown Omaha, Neb. The event is open to LeaseTeam clients and prospective business partners alike, and will feature updates to LeaseTeam’s leading equipment financing software, ASPIRE, as...
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June 02, 2016, 07:00 AM
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ENGS Commercial Finance Co. (“ECF”) has introduced a new way for customers to access their online accounts. The ENGS Mobile App (for iPhone & Android users) is available today for download. Once the App is installed, customers will have a control...
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May 02, 2016, 07:00 AM
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ENGS Commercial Finance Co. has launched a new user-friendly and interactive website that provides an enhanced experience for customers. The new website (www.engsfinance.com) includes:
A Dealer Portal where Dealers can enter applications and track...
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March 02, 2016, 07:00 AM
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North Star Leasing has expanded its office staff by adding the following employees: Colin Rugg, Kathy Collatos and Kit Antinozzi. Rugg has joined as a Business Development Specialist. He graduated from Champlain College with a degree in Business....
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August 14, 2015, 07:11 AM
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Aquiline Capital Partners LLC (“Aquiline”), a New York-based private equity firm investing in financial services, announced that it has signed a definitive agreement to become the majority investor in Engs Commercial Finance Co. (“ECF”), a...
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February 11, 2015, 07:20 AM
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LeaseTeam announced that Engs Commercial Finance has selected and implemented LeaseTeam's ASPIRE solution. ASPIRE is LeaseTeam’s cutting edge end-to-end lease and loan management solution.Engs Commercial Finance is an independent commercial...
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April 09, 2013, 07:05 AM
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