Mike Semanco

President & COO

Mike SemancoMike Semanco serves as President and Chief Operating Officer for Hitachi Business Finance, formerly known as Hennessey Capital. Hitachi Business Finance provides asset-based lending and A/R financing solutions for businesses with sales ranging from $250,000 to $100 million.

Mike has over 20 years of experience in the financial services industry.  He began his career at banks and credit unions, and later became a partner who helped launched Hennessey Capital in 2002.

He has helped hundreds of companies obtain financing and has also coached and educated entrepreneurs on financing products and structures that best fit their needs. Mike has written several industry articles and participates in many panel discussions on business financing and strategies. In 2008, the Small Business Administration named Mike the Michigan Financial Services Champion and in 2007, he was named to Crain’s 40 Under 40 class.

A native Detroiter, Mike received a bachelor of business administration in finance and a master of science degree in finance from Walsh College. He currently serves on the College’s Board of Trustees and is a member of the Academic and Organization & Compensation Committees. He is a past board member of the Alumni Association and was named the 2006 Walsh College Distinguished Alumnus.

Mike is active within the local business community and serves as a board member of Advancing Macomb, the Troy Chamber of Commerce, and is a member of the Rochester Hills Mayor’s Business Council. He has previously served on several community boards including Crime Stoppers, the Detroit Regional Chamber, and Citizens Research Council. Mike is a member of several business associations and is also an investor in many entrepreneurial businesses. He is proud to be an Ambassador to The Yellow Ribbon Fund, a non-profit organization that supports injured veterans.

Contact Mike today at msemanco@hitachibusinessfinance.com or (248) 658-3201.

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