Growth in new business volumes has propelled Mitsubishi HC Capital UK PLC’s pre-tax profits to £126m. The business, trading as Novuna within the UK, saw new business volumes reach £4.5bn, increasing 1% on the prior year despite challenging economic conditions.
Mitsubishi HC Capital UK PLC, one of the UK’s leading providers of consumer lending, asset finance and vehicle leasing, has raised 30 million euros on TreasurySpring’s platform by issuing the first sustainable short-term cash investment product available to institutions.