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North Mill Makes Inc. 5000 List of Fastest Growing Companies

August 25, 2023, 07:20 AM
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Topic: Industry News

North Mill Equipment Finance LLC (NMEF), an independent commercial equipment lender headquartered in Norwalk, CT, announced the company joined the prestigious Inc. 5000 annual list of fastest growing private businesses in the US. A first-time honoree, NMEF placed No. 1,598 based on its three-year revenue growth rate of 354 percent. It also placed No. 99 out of 272 companies included on the list’s financial services category.
 
According to Inc. magazine, businesses that earn a ranking are in the top ½ percent of all privately held companies in the country in terms of growth and are considered the “best of the best.” To qualify, they must have been generating revenue by the end of the first quarter of 2019, be U.S.-based, for profit, independent, privately held, and meet minimum revenue requirements between 2019 and 2022.

“We are honored to join the Inc. 5000 class of 2023 and consider it a milestone,” said David C. Lee, NMEF Chairman and CEO. “Our growth has been possible because of the extraordinary work ethic of our employees. I could not be prouder of the ongoing dedication, commitment to excellence and steadfast customer-first mentality displayed by those who consider NMEF their second home. Moreover, as the largest broker-centric lender in the country, we would not be where we are today without the hundreds of referral agents who have chosen to make us their go-to-lender.”

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