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 closed its sixth commercial equipment-backed securitization, NMEF Funding 2022-B. The $353 million transaction is North Mill’s second ABS transaction this year, bringing the company’s total privately placed bond proceeds raised this year to $724 million. read more
OCT 18, 2022 - 7:12 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, 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
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
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
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