North Mill Equipment Finance

North Mill Equipment Finance
601 Merritt 7, Suite 5
Norwalk, CT 06851
(800) 223-6630
www.nmef.com

Contact Information

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

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

Comments

North Mill Equipment Finance is headquartered in Norwalk, CT. As a broker-centric, small and mid-ticket lender, North Mill finances transactions in the A – C credit range and considers many different
types of assets including construction, transportation, materials handling, health care, manufacturing, janitorial, livery and franchise equipment. The company offers loans, leases, and EFAs along with a working capital solution called “Cash Out.” Moreover, North Mill works with start-ups and owner operators and has an “application only” program ranging from $15k to $250k and an “application plus” solution for transactions up to $1M.

General Information

Funding Information

Company Type

  • Non-Bank Financial

In Business Since

  • 1957

Trade Associations

  • ELFA
  • NEFA
  • AACFB
  • NACLB

Funding Source Type

  • Lender

Source of Funds

  • Bank Lines
  • Warehouse Lines
  • Investors
  • Finance Companies

Annual Funded Volume

  • $391.4M

Transaction Profile

Deal Size Range

  • $15K - $1M

Term

  • 3-5 Years

Average Term

  • 54 Months

Products Offered

  • Conditional Sale
  • Discounting
  • EBO
  • EFA
  • 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
  • Franchises
  • Graphic Arts/Printing
  • Healthcare
  • 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
  • Titled Vehicles

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
terry.mulreany@monitordaily.com
Susie Angelucci
Advertising: 484.459.3016
susie.angelucci@monitordaily.com

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com