North Mill Equipment Finance increased the size of its senior loan facility with Deutsche Bank to $125 million to support 2020 originations. Additionally, North Mill closed a new $50 million senior loan facility with Truist Bank in December. The new loan facility increased North Mill’s total credit availability to $205 million. read more
DEC 28, 2020 - 6:14 am
North Mill Equipment Finance reached an all-time high in monthly loan and lease originations in November, as funded volume climbed to nearly $19 million, representing a growth rate of approximately 70% vs. the same period last year. read more
DEC 3, 2020 - 6:59 am
North Mill Equipment Finance, a commercial equipment lessor located in Norwalk, CT, will host a 30-minute webinar on Nov. 18 explaining how referral agents can benefit from the organization’s financial solutions and record-breaking year in originations. read more
NOV 9, 2020 - 7:33 am
North Mill Equipment Finance appointed Jeffrey T. Schick operational controller. The company also hired Elizabeth Arias-Hernandez as portfolio manager, Kimberly Merryfield as account manager, Yocasta Olivo as title and insurance administrator and Maya Samad as sales and marketing assistant. read more
NOV 5, 2020 - 7:21 am
The leaders of the top five Monitor 101+ companies — a captive, two bank affiliates and two independents — discuss the go-to-market and origination strategies that led to their success in this year’s ranking. With conditions changing drastically for many in 2020, they share the struggles and triumphs of leading their businesses through the COVID-19 pandemic. ... read more
Sept/Oct 2020
Since assuming the role of CEO in 2018, David Lee and his management team have drastically shifted the originations at North Mill Equipment Finance (NMEF) from $2 million to $3 million per month to $15 million per month in funded volume. ... read more
Sept/Oct 2020
North Mill Equipment Finance posted record originations for Q3/20, marking the best three months in the firm’s history. During the quarter, North Mill experienced a growth rate of approximately 15% over the same period last year as funded volume for the quarter came in at just under $50 million. read more
OCT 7, 2020 - 7:03 am
North Mill Equipment Finance achieved an all-time high in loan and lease fundings in July, as funded volume reached nearly $18.5 million, representing a growth rate of close to 24% compared with the same period last year. read more
AUG 4, 2020 - 7:05 am
North Mill Equipment Finance appointed Matthew Mosley broker relationship manager, Max Russell Jr. asset management associate, Bryan Rosado Delgado asset recovery associate and Jacob Keller staff accountant. read more
JUL 21, 2020 - 8:01 am
North Mill Equipment Finance posted record originations for the first half of 2020. Funded volume reached nearly $80 million, representing a growth rate of 40% over the same period last year. read more
JUL 8, 2020 - 7:02 am
North Mill Equipment Finance promoted Patty Matthews, Jennifer Khan, Kristin Solomon and Carla Gokey. read more
JAN 20, 2020 - 7:00 am
North Mill Equipment Finance posted record originations for 2019 — the best year in its history. Funded volume exceeded $136 million, a 350% growth rate over 2018. read more
JAN 9, 2020 - 5:50 am
North Mill Equipment Finance closed its third commercial equipment asset backed securitization, NMEF Funding 2019-A, at $164 million. read more
DEC 10, 2019 - 6:30 am
North Mill Equipment Finance will host a live 45-minute webinar on how referral agents can benefit from policy and product enhancements implemented at the company. read more
OCT 24, 2019 - 6:11 am
North Mill Equipment Finance experienced record originations for the 3rd quarter of 2019. The company exceeded $43 million in funded volume, a growth rate of over 30% from the prior quarter. read more
OCT 4, 2019 - 6:50 am