North Mill Equipment Finance (NMEF), an independent commercial equipment lessor headquartered in Norwalk, Connecticut, had a record-breaking month in July as funded volume surged to more than $56 million, an increase in loan and lease originations of 33% from the same period last year. read more

AUG 6, 2024 - 6:15 am

North Mill Equipment Finance implemented major enhancements to its pricing scheme, simplifying its buy rate structure and connecting each price point directly to the credit parameters company analysts use to assess each transaction. read more

JUL 19, 2022 - 7:30 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

The American Association of Commercial Finance Brokers (AACFB) awarded its newly developed scholarship to Vincent Borges. Borges is a high school senior in Norwalk, CT, and will receive an award of $500 as the first recipient of the new scholarship. read more

FEB 1, 2021 - 6:47 am

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 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 hired Paul Cheslock as vice president of Customer Relations. read more

OCT 31, 2018 - 6:45 am