Mitsubishi launches US leasing business

Mitsubishi UFJ Lease and Finance (MULUSA) has announced the launch of a new equipment leasing business in the US which will provide operating and finance leases on a broad range of equipment to middle market companies.

The new team is located in San Diego, California, and is led by managing director David Coons. The latest venture will complement MULUSA’s existing US platform which provides financing to Japanese companies in the US.

MULUSA is a wholly owned subsidiary of Mitsubishi UFJ Lease and Finance Company, Limited (MUL), a publicly traded and a major leasing company in Japan (S&P A rated).