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Swapping Business Ideas Across Generations
As a former business owner and now division manager of a global finance company, I have certainly seen many business opportunities and challenges spanning my 27 years in banking and…
Author: Mike Semanco
Mike Semanco serves as President and Chief Operating Officer for Hitachi Business Finance. He has over 20 years of experience in the financial service industry. His career spans a variety of lending institutions, beginning with banks and credit unions to becoming a partner in launching Hennessey Capital in 2002 (which is now Hitachi Business Finance).
He can be reached at msemanco@hitachibusinessfinance.com or (248) 658-3201.
View more from Mike Website|LinkedIn
He can be reached at msemanco@hitachibusinessfinance.com or (248) 658-3201.
View more from Mike Website|LinkedIn
Seven Ways to Build Meaningful Business Relationships
Many finance and factoring companies try to compete on price or brand reputation. They believe that offering the lowest price or having the strongest reputation in the industry will win…
Companies, Lenders, and the Ability to Pivot: Adapting to the New Normal
It would be difficult, if not impossible, to find a sector of the economy that has not been affected in some way by the pandemic. Fear of virus spread, business…
A Classic and Time Tested A/R Financing Solution Amid the COVID-19 Pandemic
As COVID-19 continues to disrupt the world as we know it, many companies are facing a liquidity crisis and scrambling for cash. To keep it flowing, business owners are turning to a classic and time-tested financing solution amid the COVID-19 pandemic: A/R financing.
Planes, Trains, and Automobiles of Running a Business
As we work through unprecedented challenges and uncertainty during the COVID-19 pandemic, these are the times when leaders need to shine. Our people are looking to us for answers, clarity,…
Take 5: Mike Semanco’s Thoughts on Leadership
Last updated: 3/15/2021 Mike Semanco has over 20 years of experience in the financial services industry. He has helped hundreds of companies obtain financing and has also coached and educated…
Financing Your Business: Options Before the Bank
I always tell small business owners that if they can secure bank financing to meet their working capital needs, by all means, go for it. Banks have their purpose, but…
Why Entrepreneurs Need Advisory Boards
Having been both a leader and entrepreneur in the finance industry for the past 20 years, I’ve learned the value and importance of an advisory board. Entrepreneurs thrive on developing…
Business Financing Myths Debunked
Business Financing Myths Debunked After years working with companies of all shapes and sizes in many industries, I have seen a variety of creative ways to finance a business. Entrepreneurs…
Top 3 Business Tips to Stay In the Black
Top 3 Business Tips to Stay In the Black Running a business is no easy task and running one that is consistently profitable is even more difficult. The variables you…