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
MAY 1, 2023 - 7:06 am
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
JAN 10, 2023 - 7:22 am
North Mill Equipment Finance promoted nine officer and manager employees representing several departments across the organization. read more
JAN 6, 2023 - 7:26 am
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
AUG 2, 2022 - 7:27 am
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
APR 5, 2022 - 6:34 am
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
JAN 11, 2022 - 6:23 am
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
JAN 7, 2022 - 5:40 am
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
OCT 4, 2021 - 10:00 am
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
SEP 29, 2021 - 6:00 am
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
SEP 20, 2021 - 6:35 am
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
JUL 7, 2021 - 6:40 am
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
APR 5, 2021 - 5:35 am
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
FEB 23, 2021 - 6:37 am
North Mill Equipment Finance, an independent commercial equipment lessor located in Norwalk, CT, promoted 10 employees across several departments in the organization. read more
JAN 25, 2021 - 6:30 am
North Mill Equipment Finance reported that 2020 featured the best 12 months in the company’s 60-year history, as loan and lease originations reached an all-time high. read more
JAN 5, 2021 - 6:58 am