North Mill Equipment Finance

North Mill Equipment Finance
50 Washington Street
South Norwalk, CT 06854
(203) 435-1230
www.nmef.com

Contact Information

Don Cosenza, SVP, Chief Marketing Officer
(203) 354-1710
dcosenza@nmef.com

Paul Cheslock, VP, Customer Relations
(203) 354-1283
pcheslock@nmef.com

Comments

North Mill Equipment Finance is located in South Norwalk, CT. As a broker-centric, small-ticket lender, North Mill works with A – D credit qualities and considers many different types of asset categories including construction, transportation, material handling, manufacturing, and livery equipment. In addition to loans and leases, the company provides a cash out product and a private sale program. North Mill has an “application only” program from $15k to $150k and an “application plus” solution for transactions greater than $150k and up to $300k. What’s more, owner operators and start-ups are eligible for financing.

General Information

Funding Information

Company Type

  • Non-Bank Financial

In Business Since

  • 1962

Trade Associations

  • ELFA
  • NEFA
  • AACFB
  • NACLB -- National Association of Commercial Leasing Brokers

Funding Source Type

  • Lender

Source of Funds

  • Bank Lines
  • Warehouse Lines
  • Investors
  • Finance Companies

Annual Funded Volume

  • 100,000,000

Transaction Profile

Deal Size Range

  • $15k - $300k

Term

  • 3-5 Years

Average Term

  • 40 Months

Products Offered

  • Conditional Sale
  • Discounting
  • EBO
  • Finance Lease
  • FMV
  • Loans
  • Operating Lease
  • Sale/Leaseback
  • TRAC
  • True Lease

Scope of Geographic Activity

  • National

Transaction Preferences

Equipment Categories

  • Agriculture
  • Ambulance/Emergency
  • Audio, Visual & Broadcast
  • Auto Test/Repair
  • Auto/Light Truck
  • Bus/Mass Transit
  • Construction
  • Containers
  • Energy Related
  • Environmental Systems
  • Food Distribution/Processing
  • Graphic Arts/Printing
  • Health/Fitness
  • HVAC
  • Industrial/Manufacturing
  • Machine Tool
  • Materials Handling
  • Mining
  • Packaging Paper
  • Trucks and Trailers
  • Vending Machines
  • Waste Disposal
  • Woodworking
  • Livery, Digital Cinematic Projection

Credit Quality

  • Investment Grade or Equivalent
  • Near Investment Grade
  • A Quality
  • B Quality
  • C Quality
  • Start-ups

Special Services

  • Application Only Programs
  • Brokers Welcome
  • Custom Structures
  • Franchise Specialty
  • Monetary Incentives
  • Poor Credit/Bankruptcy
  • Portfolio Purchases
  • Sub-Prime Credit Programs
  • Titled Vehicles

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Terry Mulreany
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