Mitsubishi HC Capital America’s Work Truck Finance division reached a monumental milestone when it recently reached $1 billion in originations. The company reached this impressive achievement with record volume of $112 million in the quarter ending June 30, while also receiving the most credit applications in its history.

According to Dave Herring, vice president and general manager, Work Truck Finance, the quest to reach $1 billion in originations has been a team target since October 2019, when the company began to focus solely on commercial work trucks.

With the strongest start of the year in its more than 20-year history of financing trucks, Herring is optimistic for future performance as the division is actively doing business with more than 300 work truck dealers on average throughout the United States.