Pier Snider Related Content

North Mill Equipment Finance Reports Record Originations for 2022

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

North Mill Equipment Finance Closes $353MM Term Securitization

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

North Mill Equipment Finance Promotes Snider to EVP, Makes Several Other Promotions

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

North Mill Equipment Finance Set Company Record for Originations in 2021

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

North Mill Equipment Finance Upsizes Investment Grade Bond Issuance to $25MM

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

North Mill Equipment Finance Reaches All-Time High in Originations in 2020

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

North Mill Completes Q4 Capital Market Transactions, Increases Credit Availability to $205MM

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

Trusted Diversification

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

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