Hitachi Capital America (HCA) recently divided its loan and lease programs into medium-duty and heavy-duty truck teams and added several experienced heavy-duty experts.
Among those new to the Transportation team are Dave Herring, Jeff Mills and Thomas Ball. Led by industry veteran Kirk Mann, the Transportation team now offers a full range of financing solutions aimed at both medium- and heavy-duty truck markets.
Herring brings more than 25 years of market experience to the newly formed heavy-duty Transportation finance team. As heavy-duty National Sales Director, he is leading the team that delivers HCA’s competitive financing solutions to both dealerships and fleet operators across the country.
“The team we’re assembling is unmatched in the industry,” Herring said. “No one else can offer both medium- and heavy-duty truck and trailer financing solutions like we do. The breadth of experience we offer, combined with our robust programs and deep industry relationships, allow us to offer our customers the creative financing options they’re looking for.”
Mills, another industry veteran with 25 years of experience, is specializing in financing/leasing of medium to large for-hire and private fleets. His prior experience includes managing national and regional accounts for the top 500 transportation fleets in America.
Ball is HCA’s Vice President of Intermediary Finance and leads the company’s loan syndication and portfolio purchase initiatives. He also works with new brokers and large dealers to deliver multi-product financing solutions.
Russ Yanaga is the National Sales Director for medium-duty trucks and continues to be a key player on the Transportation finance team. A key driver of HCA’s growth since 2007, he continues to work with his team to support HCA’s dealer network, including a new initiative aimed at deepening HCA’s understanding of dealer needs to better align HCA’s products and services with their growth objectives.
“This team and their drive for success makes me excited to come to work every day,” said Kirk Mann, Senior Vice President and General Manager of the Transportation Finance Division. “We have decades upon decades of experience and the skill set of this team is truly remarkable. We’re at an exciting juncture in our business and I’m confident that we’re going to achieve great things. We have a solid foundation in place and have big expectations for our future successes.”
HCA also announced its trade finance team is expanding its capabilities to Mexico and continues to see substantial growth in its trade finance portfolio.