Mitsubishi HC Capital America Welcomes Lawrence Ridgway to Asset-based Lending Team

AUBURN HILLS, MI, Aug. 7, 2024 – Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America, is strengthening its working capital team with the appointment of Lawrence Ridgway as Senior Business Development Director, Business Finance.

Ridgway will be spearheading the origination and structuring of asset-based lines of credit, collaborating with referral partners, and serving as a vital resource for business owners and trusted advisors for the company. 

“Larry brings a depth of knowledge and a proven track record in asset-based lending that aligns perfectly with our strategic goals,” says Mike Semanco, President and COO of the Business Finance division at Mitsubishi HC Capital America. “He’s honed his sales origination and leadership skills over the years and as we further develop our business development strategy and team, Larry’s skillset will be instrumental.”

“I am thrilled to join Mitsubishi HC Capital America and contribute to its continued success,” says Ridgway. “The opportunity to work with such a dynamic team and help further shape our asset-based lending is both exciting and rewarding. I look forward to leveraging my experience to enhance our custom lending solutions and support the evolution of our sales team.”

Previously, Ridgway served as Co-founder, COO, and Head of Portfolio & Operations at Legacy Corporate Lending. He has also held significant roles at GE Capital, Citizens Bank and US Bank, including Senior Vice President positions in corporate banking and asset-based lending. Ridgway holds a bachelor of business administration in finance from Northeastern University, Boston, MA, and is a Chartered Financial Analyst (CFA) certified by the CFA Institute.

About Mitsubishi HC Capital America

Mitsubishi HC Capital America is a specialty finance company that has extensive capabilities throughout North America with its affiliate, Mitsubishi HC Capital Canada, combining a consultative approach and expansive digital platform to help organizations of all sizes accelerate growth. With $7.5 billion in assets and more than 800 employees, the company is the largest non-captive, non-bank commercial finance company in North America. Mitsubishi HC Capital America partners with equipment manufacturers, dealers and distributors, as well as end customers, in providing customized financial solutions, including transportation and commercial finance. Dedicated to improving the communities where it operates, the company is committed to the United Nations Sustainable Development Goals. Visit https://www.mhccna.com/en-us

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Media contact: Katie Mullin, Vice President of Marketing Communications, kmullin@mhccna.com