David C. Lee Related Content

North Mill Equipment Finance Announces Promotions and Littier’s Retirement

North Mill Equipment Finance promoted Deana Redmond to AVP of asset recovery, Jessica Eisenbeis to manager of contract administration, Kate LeConey to manager of broker relationships and marketing, and Matt Mosley to manager of broker relationships. In addition, Joe Littier, a long-time senior leader at the company, announced his retirement. read more

North Mill Equipment Finance Sends Offer to Acquire IOU Financial

North Mill Equipment Finance sent a letter recently to the special committee of the board of directors of IOU Financial proposing to acquire the company at a 27% premium to the price per share agreed to by IOU and a group of inside shareholders. read more

North Mill Equipment Finance Provides Capital Investment to Support Formation of BriteCap Financial

Non-bank lender BriteCap Financial formed with a capital investment from affiliates of North Mill Equipment Finance and from its own senior management team. BriteCap will be majority owned by a holding company affiliate of North Mill and will operate independently from North Mill. read more

North Mill Equipment Finance Reports Record Originations for 2022

North Mill Equipment Finance (NMEF), an independent commercial equipment lender located in Norwalk, CT, reported its organic lease and loan originations reached an all-time high and financial and operational key performance indicator exceeded all expectations in 2022. read more

North Mill Equipment Finance Promotes 9 Employees

North Mill Equipment Finance promoted nine officer and manager employees representing several departments across the organization. read more

North Mill Equipment Finance Reaches $1B in Originations Since Wafra Capital Partners Acquisition

North Mill Equipment Finance, an independent commercial equipment lessor headquartered in Norwalk, CT, reached the $1 billion mark in total originations since its recapitalization by an affiliate of Wafra Capital Partners four years ago.  read more

North Mill Equipment Finance Reaches All-Time High in Originations in Q1/22

North Mill Equipment Finance set a company record by recording $109 million in first quarter loan and lease originations in Q1/22, which was up 99% from the same period last year. read more

North Mill Equipment Finance Promotes Snider to EVP, Makes Several Other Promotions

North Mill Equipment Finance promoted eight employees, including Pier Snider to executive vice president and CFO, Kristin Coster to vice president of operations and Matt Davis to vice president and financial controller. read more

North Mill Equipment Finance Set Company Record for Originations in 2021

North Mill Equipment Finance reported that 2021 was the best year in the company’s six-year history, as organic originations reached an all-time high and delinquencies hit an all-time low. read more

North Mill Equipment Finance Sets Company Record for Quarterly Originations in Q3/21

North Mill Equipment Finance reported that its Q3/21 loan and lease originations reached an all-time quarterly high of $129.1 million. North Mill surpassed high-water marks attained earlier this year, with new records being set for both quarterly and monthly volume. read more

North Mill Equipment Finance Enters Mid-Ticket Financing Space, Increases App Only Maximum to $250K

North Mill Equipment Finance has entered the mid-ticket financing sector by offering referral agents the opportunity to finance up to $1 million for their customers through the company’s Application Plus program.  Additionally, North Mill extended the maximum amount financed via its Application Only solution to $250,000. read more

North Mill Equipment Finance and Taycor Financial Acquire Aztec Financial from Aramsco

North Mill Equipment Finance and Taycor Financial acquired 100% of the stock of the parent company of Aztec Financial from an affiliate of Aramsco.   read more

North Mill Equipment Finance Achieves Company Record for Originations in Q2/21

North Mill Equipment Finance reported that its originations for Q2/21 exceeded a company record-breaking $120 million. The company also set a new record for June, as originations closed at just under $26 million, marking the best month in the company’s history. read more

North Mill March Volume Hits $24MM, Marking All-Time High

North Mill Equipment Finance reached an all-time high in monthly loan and lease originations in March. Funded volume surged to more than $24 million, a growth rate of 53% from last March and an increase of 22% from the company’s previous high-water mark last December. read more

North Mill Equipment Finance Promotes Bonanno to President

North Mill Equipment Finance promoted Mark Bonanno to president and chief operating officer. Bonanno is a certified public account. He joined the company as CFO in September 2016 and was promoted to COO in August 2018. read more

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