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

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Vol. 48 No. 3 2021

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Nov/Dec 2021

Paul Fogle of Quality Leasing, Terey Jennings of Financial Pacific Leasing and David Lee of North Mill Equipment Finance sit down for a roundtable discussion centered on brokers, providing insights into why they work with third-party originators and what it takes to be a top notch broker. ... read more

Vol. 48 No. 6 2021

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

The leaders of five top equipment finance companies have a conversation with Eric McGriff, founder and president of Pinnacle Advisory Services, regarding their respective leadership challenges during the COVID-19 pandemic and how they have emerged on the back-end of the crisis.... read more

Monitor 100 2021

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

Although Monitor’s Top Private Independents faced many challenges in 2020, the group managed collective volume growth of 9.1% amid the COVID-19 pandemic. With Ascentium Capital out of the running, Stonebriar Commercial Finance seized the crown, while Trans Lease, First National Capital and Kingsbridge catapulted their way into the top five. ... read more

May 2021

North Mill Equipment Finance added 14 new employees to its workforce, including Denise Steinberger as vice president of the western region and Michael P. Morris as vice president of national accounts. read more

APR 27, 2021 - 6:53 am

North Mill Equipment Finance restructured its working capital solution. The financing arrangement, called “Cash Out,” allows customers to borrow the equity of paid-up business equipment and channel the proceeds back into the company. read more

APR 13, 2021 - 6:23 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 closed its fourth commercial equipment backed securitization, NMEF Funding 2021-A. The $236.588 million ABS issuance, North Mill’s largest, featured five tranches of notes, achieving a roughly 86% advance rate through the Class D note. read more

MAR 22, 2021 - 6:30 am

North Mill Equipment Finance, an independent commercial equipment lessor located in Norwalk, CT, upsized its existing investment-grade rated corporate notes to $25 million. read more

MAR 9, 2021 - 6:20 am