Mitsubishi UFJ Lease & Finance (U.S.A.) Inc. Corporate Asset Finance Division (MULUSA CAF) announced its 2016 results which included 13 closed transactions totaling $110 million, exceeding goals for the business which launched nine months ago on April 1, 2016. 

Created to harness U.S. management expertise and Japanese financial strength to offer non-bank flexibility domestically and internationally, MULUSA CAF specializes in providing creative lease financing solutions for a broad range of equipment including energy, technology, manufacturing, transportation and healthcare. The newly-formed division was successful in closing transactions across various industries and asset classes in its first year.

“The team we’ve assembled has performed beyond expectations right out of the gate and put MULUSA CAF on a path to continued strong results in 2017 and beyond,” said David Coons, Managing Director. “In combination with the commitment that Mitsubishi UFJ Lease & Finance Co. Ltd. has made to this business, we’re able to provide our customers and partners with options that are becoming increasingly unavailable elsewhere.”

Based in San Diego, California, MULUSA CAF is a division of a wholly-owned subsidiary of Mitsubishi UFJ Lease & Finance Company Limited (MUL). MUL is a publicly-traded leasing company in Japan (S&P A rated) and a member of Mitsubishi UFJ Financial Group, Inc. (MUFG, NYSE:MTU), one of the world’s largest and most stable financial institutions with operations in more than 40 countries.