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December 19, 2023 Mitsubishi HC Capital America Finances A/R for Tech VAR

Mitsubishi HC Capital America announces a new partnership with 954 Consultants LLC, an IT VAR, to provide supply chain financing.

WORTHINGTON, OH – Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America with $7.5 billion in owned and managed assets, announces that it has partnered with 954 Consultants LLC to provide a comprehensive supply chain financing solution to support their rapid expansion in the commercial and government sectors.

Headquartered in Florida, 954 Consultants provides IT networking, cloud and consulting services for small, middle-market and enterprise companies across the United States. As a value-added reseller (VAR), the company required a funding source who fully understands the unique needs of the industry and could customize a solution not found with other channel finance sources.  Mitsubishi HC Capital America’s innovative funding facility focuses on the credit of the end user and includes both channel and accounts receivable financing. The customized solution frees up cash, enabling 954 Consultants to strategically invest in their business including the ability to provide flexible terms to their customers.

“We are proud to work with 954 Consultants and support their continued growth,” says Jim Merrill, Vice President, Technology Finance Solutions. “Our program is unique to the industry and will provide access to working capital, from purchase order to collection, without the restrictive requirements often imposed by traditional bank lenders.”

“We really appreciate the end-to-end financing solutions from Mitsubishi HC Capital America,” said Win Farnsworth, cofounder of 954 Consultants. “The unique structure fully funds our supply chain and enables us to customize terms based on each client’s individual needs. This is the right solution for us, and we look forward to capitalizing on current industry trends as we continue developing new and important relationships with our customers.”

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

About 954 Consultants
954 Consultants LLC is a diversity-owned IT consulting company based in Oakland Park, Florida. The company is focused on commercial and government sectors, providing high-value, high-touch services for small, midmarket and enterprise sized organizations across the United States. Visit https://954consultants.com/
954 Consultants contact:  Leonard Lane, President & CEO, leonard@954consultants.com

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

 

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