Mitsubishi UFJ Lease and Finance (U.S.A.), Inc.(“MULUSA”) announced that it closed $413 million in new lease and loan transactions in 2017, growing its portfolio to $614 million. In 2016 MULUSA launched a new U.S. leasing division that’s headquartered in San Diego, CA, and led by Managing Director David Coons. The new division originated $217 million in 2017, and has grown its team to 30 employees and complements MULUSA’s existing U.S. platform which provides financing to Japanese companies in the U.S.A.

MULUSA is a wholly owned subsidiary of Mitsubishi UFJ Lease and Finance Company, Limited (MUL) in Japan. MUL is a publicly traded and a major leasing company in Japan (S&P A rated). As a member of the Mitsubishi UFJ Financial Group, Inc., one of the world’s largest and most stable financial institutions with operations in more than 50 countries, the company’s cross border expertise is both broad and deep.