Mitsubishi HC Capital America Sees Demand in Healthcare; Expands Team with Strategic New Hires
Mitsubishi HC Capital America, the leading non-bank, non-captive finance provider in North America, is announcing two strategic new hires in the healthcare sector with industry experts Alan Woodbury and John Pack. Both will focus on expanding the company’s healthcare division to meet the rising demand for innovative financing solutions.
Equipment leasing and finance companies are rapidly expanding into the healthcare sector, driven by the industry’s demand for flexible solutions and access to cutting-edge technology. Healthcare organizations seek flexible payment options and potential tax benefits, allowing them to preserve capital for other strategic investments. Among industries, healthcare is 70% likely to use financing services.
Emerging healthcare technology companies rely on creative financing from independent, non-traditional lenders to grow their business and advance their solutions for customers. As medical technology — such as equipment, pharmaceuticals, laboratory tools, and testing and measurement products — continues to rapidly advance, these strategic hires will enhance Mitsubishi HC Capital America’s ability to offer financial solutions to keep pace with the rapidly accelerating industry.
“John and Alan will be instrumental in driving significant growth and expanding our financing solutions for the healthcare industry and its patients,” said Jim Teal, Senior Vice President of Healthcare, Technology and Franchise at Mitsubishi HC Capital America. “These seasoned professionals will help ensure we are well-positioned as a trusted capital provider capable of delivering complex financial solutions with efficiency and expertise.”
Pack holds a bachelor’s degree in finance from King’s College and began his career as the Vice President of Business Development at EverBank. He later advanced into leadership roles within healthcare financing, serving as the Director of Business Development and later as the Market Director of Healthcare. Through these experiences, Pack has developed a deep understanding of the industry and the financial strategies that drive success.
“My new role at Mitsubishi HC Capital America will allow me to apply my extensive experience in business and vendor development within the financial services industry,” said Pack. “Having built and managed wholesale financing programs, I understand the unique challenges and opportunities in healthcare and general equipment financing. I look forward to driving strategic growth, strengthening partnerships, and delivering innovative financial solutions that support our clients’ evolving needs.”
Woodbury began his career as a VP Program Manager at Key Equipment Finance. He later transitioned into business development, with one of these roles focusing specifically on the healthcare industry. This expertise has positioned him to drive better financial outcomes in the sector, ultimately leading him to his new role at Mitsubishi HC Capital America.
“As a seasoned vendor finance professional with over 25 years of experience in sales and program management, I look forward to leveraging my expertise in building strategic partnerships and developing tailored financing solutions,” said Woodbury.