Company News

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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ENGS Commercial Finance Co. Named a Winner of the 2021 Top Workplaces USA Award

ENGS Commercial Finance Co. (“ENGS”), a Mitsubishi UFJ Lease and Finance company, is pleased to announce that it has earned the 2021 Top Workplaces USA award and the Financial Services Industry distinction, issued by Energage, a purpose-driven organization that develops solutions to build and brand Top Workplaces. This is the inaugural year for Top Workplaces […]

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ENGS Commercial Finance Co. Welcomes Paul Braspenninckx to its Industrial Division

ENGS Commercial Finance Co. (“ENGS”), a Mitsubishi UFJ Lease and Finance company, is pleased to announce that Paul D. Braspenninckx has joined the company as Vice President of Sales in its Industrial Finance Division. In this role, Braspenninckx will be responsible for managing new and existing Industrial vendor relationships throughout the U.S., in addition to […]

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ENGS Commercial Finance Co. Again Honored as a Chicago Tribune Top Workplace

ENGS Commercial Finance Co. (“ENGS”), a Mitsubishi UFJ Lease and Finance company, announced it has once again been awarded the Top Workplace by the Chicago Tribune as one of the most dynamic and industry leading business in Chicago for 2020. This distinction is awarded annually to Chicago’s best employers in recognition for their commitment to […]

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ENGS Commercial Capital Launches Floor Plan Finance Program

ENGS Commercial Finance Co. (‘ENGS’), an industry leading commercial finance company, is pleased to announce that its Working Capital subsidiary, ENGS Commercial Capital (“ECC”), is offering Floor Plan Financing to qualified dealers and equipment manufacturers. “ENGS is committed to helping our OEM and vendor partners grow their businesses. ENGS is already an industry leader in […]

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In Memoriam: David Stearns, Sr. Vice President – Industrial Equipment Division

It is with great sadness that we share the news that David Stearns, our Sr. Vice President – Industrial Equipment Division at ENGS Commercial Finance Co. (“ENGS), passed away as the result of a terrible motorcycle accident on Saturday, July 25. David was a remarkable leader who cared about his clients and co-workers and was […]

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ENGS IS THE PILLAR OF STRENGTH IN THIS PANDEMIC

We are excited to provide an update from our last communication letting you know ENGS Commercial Finance Co. (‘ENGS’) continues to be committed to you and the industry and is here to help your business through this crisis. We believe consistent and clear communication with our clients is always important, and even more so today. […]

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How To Take Advantage of the SBA Through The Cares Act

Here at ENGS, we consider all of our customers to be part of the ENGS’ family. As the COVID-19 pandemic continues and many businesses change with the new economic realities, we wanted to stress how important it is for our customers to take advantage of all the benefits that the newly enacted CARES Act provides […]

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Lending A Helping Hand

To Our Valued Clients, While we miss our personal meetings with you, we want you to know we are here working hard to keep your business moving forward. Even though we are working virtual, we have not missed a beat. We have some of the best tools in the industry enabling us to deliver the […]

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ENGS’ Response To The Global Pandemic

To Our Valued Clients We hope this message finds you and your family, friends, and colleagues all well and safe. We are in the midst of a historic time, dealing with a global pandemic and the related uncertainty. This is a time for coming together and supporting each other even if it is done in […]

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ENGS Commercial Finance Co. Announces Biggest Year In Company History Achieving Record Volume of $687MM in 2019

ENGS Commercial Finance Co. (“ENGS”), a subsidiary of Mitsubishi UFJ Lease and Finance (“MUL”) company, a prominent global leasing company headquartered in Japan and publicly listed on the Tokyo and Nagoya Stock Exchanges, achieved record-breaking origination volume in 2019. Reporting its most successful year in the company’s history, ENGS financed a total of $687 million […]

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Monitor Daily: ENGS Commercial Finance Breaks Q4 Origination Record with 44% Y/Y Increase

As reported by Monitor Daily: ENGS Commercial Finance, a Mitsubishi UFJ Lease and Finance company, achieved record-breaking originations in Q4/19. In December, ENGS funded a single month record of $115 million, and for the quarter, ENGS funded $222 million. This represents a 72% monthly and 44% quarterly increase in year-over-year originations. Craig Weinewuth, president and […]

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ENGS Commercial Finance Co. Named A 2019 Top Workplace By The Chicago Tribune — AGAIN!

ENGS Commercial Finance Co. (“ENGS”), a Mitsubishi UFJ Lease and Finance (“MUL”) company, announced it has been recognized as one of Chicago’s most dynamic and industry leading businesses by the Chicago Tribune for the Top Workplaces 2019. This is the second time in last three years that ENGS has been honored with this distinction. Top […]

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The Evolution of an Independent – Monitor Daily

Recently in a Monitor Daily article discussing the changing landscape of commercial finance, ENGS CEO Craig Weinewuth shares the ENGS Commercial Finance Co. journey from regional independent finance company through meteoric expansion to the recent acquisition by Mitsubishi UFJ Lease & Finance. Writer Dale Kluga begins: “There has been a flurry of M&A activity recently […]

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