Company News

ENGS LEVERAGES AI AND VISUAL ANALYTICS TO IMPROVE DIGITAL SALES PROCESS

ITASCA, ILLINOIS, June 20, 2022 — ENGS Commercial Finance Co. (“ENGS”), a market leading commercial finance company offering customers and partners industry-first technology solutions, announced the integration with Salesforce’s Tableau platform enhancing further ENGS proprietary AI engine and customer KPI analytics platform. “Utilizing our extensive database and proprietary predictive capabilities, layering in Tableau’s incredible interface […]

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Podcast: Navigating the Current Economic Climate with Caution, Discipline & Patience

MONITOR PODCAST SERIES: Navigating the Current Economic Climate with Caution, Discipline & Patience Equipment finance companies haven’t had to deal with a volatile economic climate in more than a decade. As the Fed works to curb inflation with a series of calculated interest rate hikes and as supply chains continue to recover from the COVID-19 […]

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ENGS ENHANCES CUSTOMER SERVICE EXPERIENCE THROUGH SALESFORCE INTEGRATIONS

ITASCA, ILLINOIS, May 24, 2022 – ENGS Commercial Finance Co. (“ENGS”), specializing in providing loans and leases for equipment and risk management products vital to organizations in the transportation, industrial and construction sectors. ENGS has a long history of prioritizing customer experience (CX) in all the financial services that it provides. To expedite customer requests […]

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ENGS Commercial Finance Co Further Advances FINTECH Platform with Fully Automated and Integrated UCC Submission and Filing

ITASCA, IL – April 18, 2022 — ENGS Commercial Finance Co., (“ENGS”), continued their advancement of new technology into the commercial finance space by fully automating the Uniform Commercial Code (UCC) submission and tracking process. Prior to this advancement, the process for filing the UCC was a manual entry of specific borrower and asset details […]

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Nikola and ENGS Commercial Finance Co. Sign Agreement To Provide Financing for Zero-Emission Semi-Truck Sales

PHOENIX. March 29, 2022 — Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, and ENGS Commercial Finance Co. (“ENGS”), a member of Mitsubishi HC Capital Group (“MHC”) and a market leading commercial finance company, today announced a signed agreement facilitate sales of Class 8 Nikola Tre battery-electric vehicles (BEVs) and […]

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Ben Palmer Joins ENGS Commercial Finance Co. As Business Development Manager—Southeast

ENGS Commercial Finance Co. (“ENGS”), a subsidiary of Mitsubishi HC Capital, Inc. (“MHCC”), is pleased to announce that Ben Palmer has joined the company as Business Development Manager for the Construction Division.  In this role, Palmer will be responsible for working with construction dealers and end users on equipment financing opportunities as well as developing […]

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ENGS Commercial Finance Co. Announces Multiple Promotions Companywide

ENGS Commercial Finance Co., (“ENGS”), a member of Mitsubishi HC Capital Group (“MHC”), is pleased to announce several well-deserved employee promotions across multiple disciplines, specializations, and experience. Bryan Bellows has been promoted to Region Director within the Transportation sales division covering the Great Plains region. Bellows started with ENGS in March 2020, most recently severing […]

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ENGS Commercial Finance Co. Streamlines Companywide Process with New Box Integration

ENGS Commercial Finance Co. (“ENGS”), a member of Mitsubishi HC Capital Group (“MHC”) and a market leading commercial finance company providing best-in-class, technology-enabled financing solutions to sellers and buyers of commercial equipment, announced an integration with Box, a leader in cloud content management, to elevate its back-office system for securely managing customer account records. The […]

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Chicago Tribune Names ENGS Commercial Finance Co. a Winner of the Chicagoland Top Workplaces 2021 Award

ENGS Commercial Finance Co., (“ENGS”), a member of Mitsubishi HC Capital Group (“MHC”), has been awarded a Top Workplace 2021 honor by the Chicago Tribune Top Workplaces as one of the most dynamic and industry leading business in the Chicagoland area. This marks the fourth time ENGS has been awarded this prestigious award, with the […]

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The Equipment Leasing and Finance Association Elects Two ENGS Commercial Finance Co. Employees To Serve on It’s Committees

ENGS Commercial Finance Co., (“ENGS”), a member of Mitsubishi HC Capital Group (“MHC”), is pleased to announce the appointment of two of its employees to serve on the Equipment Leasing and Finance Association (ELFA) committees for a two-year term. ELFA is a trade association representing financial services companies and manufacturers in the nearly $1 trillion […]

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ENGS Commercial Finance Co. Promotes Aggie Weber to Information Systems Vice President

ENGS Commercial Finance Co., (“ENGS”), a member of Mitsubishi HC Capital Group (“MHC”), is pleased to announce the promotion of Aggie Weber, PMP, to the position of Information Systems Vice President of Applications. In this new position, Weber will be responsible for continuing to advance the system applications platforms, digital strategic initiatives, and data analytics […]

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Three North American Subsidiaries of Mitsubishi HC Capital Group Announcing Rebranding

Mitsubishi HC Capital (U.S.A.) Inc., ENGS Commercial Finance Co. and Mitsubishi HC Capital America, Inc., the North American commercial finance subsidiaries of Mitsubishi HC Capital Inc. (“Mitsubishi HC Capital”), are announcing rebranding their trade name following the birth of Mitsubishi HC Capital by the merger through the business integration between Mitsubishi UFJ Lease & Finance […]

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ENGS Commercial Finance Co. Announces Increase of $1 Million App-Only Threshold

ENGS Commercial Finance Co., (“ENGS”), a member of Mitsubishi HC Capital Group (“MHC”), is pleased to announce that ENGS will be making a change to its Application-Only threshold and will be able to approve exposures on an App-Only basis up to $1,000,000 for qualified credits. John Carroll, Chief Risk Officer at ENGS Commercial Finance Co., […]

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ENGS COMMERCIAL FINANCE CO. ANNOUNCES LAUNCH OF NEW INDUSTRY LEADING WEBSITE

ENGS Commercial Finance Co. (“ENGS”), a member of Mitsubishi HC Capital Group, has launched a new interactive website (engsfinance.com) with improved features that delivers an enhanced experience for visitors. The new website has been designed to offer the ultimate user-friendly experience with improved navigation and functionality while showcasing the various product offerings ENGS has available. […]

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Tania Daniel Previews IFA Conference’s Legal Panel

From Commercial Factor Magazine: At this year’s IFA Annual Conference, Tania Daniel, managing director of ENGS Commercial Capital, will be moderating a panel focusing on the current legal issues within the factoring industry as well as those that will affect it in the future. In an exclusive Q&A with Commercial Factor, Daniel provided some insight […]

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ENGS Named “Most Innovative Culture”

As published by The Monitor: “ENGS Commercial Finance puts the power of a virtual finance company in the hands of its vendors. Its cloud-based platform, PROPEL, enables users to tailor their transactions, create their own contract documents, manage their finance portfolio and communicate with the ENGS team digitally. ENGS listens to its employees, customers and […]

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Mitsubishi HC Capital Co., Ltd. Formed Through Merger

As of April 1, 2021, Mitsubishi UFJ Lease & Finance Co., Ltd. (hereinafter “MUL”) and Hitachi Capital Corporation (hereinafter “HC”) merged to form “Mitsubishi HC Capital Co., Ltd.” (hereinafter ” Mitsubishi HC Capital “). As a result of this merger, Mitsubishi HC Capital will be one of the largest global players in the industry in […]

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ENGS Commercial Finance Co. Welcomes Cliff Dunigan as Managing Director of ENGS Insurance Agency

ENGS Insurance Agency, LLC (“EIA”), a subsidiary of ENGS Commercial Finance Co. (“ENGS”), is pleased to announce that Cliff Dunigan, CPCU, RPLU, has joined the company as Managing Director – EIA. EIA specializes in the Transportation, Industrial, and Construction industries, offering General Liability, Commercial Auto, Property and Worker’s Compensation Insurance. Dunigan has been in the […]

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ENGS Commercial Finance Co. Adapts and Transforms Business in a Changing Work Environment

ENGS Commercial Finance Co. (“ENGS”), a Mitsubishi UFJ Lease and Finance company, has long understood the power that technology and digitization plays for businesses. In order to lead and service our vendors and customers faster and with more precise offerings, ENGS has developed a first-of-its-kind and industry-leading Digital Center that is Always Connected to its […]

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ENGS Commercial Finance Co. Names Christopher D. Johanneson Managing Director of Operations, Marketing and Digital Strategy

ENGS Commercial Finance Co. (“ENGS”), a Mitsubishi UFJ Lease and Finance company, is pleased to announce the appointment of Christopher D. Johanneson to the Executive Team as the Managing Director of Operations, Marketing and Digital Strategy. In this new position, Johanneson will be responsible for continuing to advance the digital FINTECH strategic initiatives that includes […]

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