Mitsubishi HC Capital America announced Steve Weislogel has been promoted to Senior Vice President, Head of Technology Finance.

The Technology Finance division offers a unique end-user funding solution that encompasses both channel and accounts receivable financing, providing clients with customized solutions that free up cash flow and facilitate strategic investments in their operations. Weislogel’s new position follows his success as the long-time Managing Director for the division.

“The success of our Technology Finance division is the result of our laser focus on providing financing to VARs, distributors, and vendors,” said Weislogel. “I look forward to building on this momentum as we continue to provide flexible and comprehensive financing solutions that empower our partners to thrive in today’s dynamic business landscape.”

"Today’s businesses are more reliant than ever on software and hardware and our solutions are uniquely structured to meet their evolving balance sheets needs," said Brian Rosa, President, Commercial Finance. "Under Steve’s leadership, Technology Finance is well positioned for continued growth, ensuring enhanced value and success for our clients.”

Weislogel succeeds Paul Stemler, who recently retired from his role as Managing Director of Technology Finance. “We thank Paul for his many contributions over the years and wish him all the best in his well-deserved retirement,” added Rosa. “He launched the original solution we offer today and with his ingenuity all those years ago, he and Steve were able to build the highly successful business we know today.”