North Mill Posts All-Time High in Orginations in July

Independent commercial equipment lessor North Mill Equipment Finance saw yet another record-breaking month in originations as the company posted $15 million of aggregate volume in July.

An all-time high for the organization, the momentum is expected to continue as the year progresses.

“We’re ecstatic,” said David Lee, chairman and CEO of North Mill. “Every department at the company had a hand in helping generate the business, push the bar higher, and collectively, aim for new heights in the months ahead. I’m proud of our team and the dedication and commitment they demonstrate daily.”

As a financial institution that ardently promotes transparency and open dialogue, North Mill’s senior leadership team listens closely to the advice brokers impart.

“We covet the relationships we’ve built with our referral agents,” said Lee. “In many cases, their recommendations have been the genesis for procedural enhancement at the organization.”

To ensure referral agents continue to share opinion, North Mill is introducing a live webinar series next fall. As a precursor, the company was featured at AACFB’s Meet the Funder online series in July. North Mill set another goal last month as more than 100 people enrolled to hear North Mill’s story — the highest registration number since the series’ inception.

“North Mill is a partner in every sense of the word,” said Monica Harper, executive director of the AACFB. “They not only augmented the association’s promotion of Meet the Funder with their own marketing initiative, they demonstrated support of AACFB by helping us bring on new members.”

Headquartered in Norwalk, CT, North Mill Equipment Finance originates and services small-ticket equipment leases and loans, ranging from $15,000 to $300,000 in value.

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