North Mill Equipment Finance LLC (NMEF), an independent commercial equipment lender headquartered in Norwalk, CT, announced the promotion of four employees representing several departments across the organization. Promotions include:
Deana Redmond...
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January 17, 2024, 07:15 AM
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The Equipment Leasing & Finance Foundation (the Foundation) released the October 2023 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). The index reports a qualitative assessment of both the prevailing business conditions and...
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October 19, 2023, 07:25 AM
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North Mill Equipment Finance LLC (NMEF), an independent commercial equipment lender located in Norwalk, CT, announced the closing of its seventh asset backed securitization (ABS), NMEF Funding 2023-A. The $456 million transaction is NMEF’s first ABS...
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September 22, 2023, 07:24 AM
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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...
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August 25, 2023, 07:20 AM
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IOU Financial Inc. announced it has delivered a notice to North Mill Equipment Finance LLC ("NMEF") advising NMEF of its determination that the non-binding, indicative unsolicited proposal (the "NMEF Proposal") received from NMEF to acquire all of...
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August 10, 2023, 07:22 AM
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North Mill Equipment Finance LLC (NMEF), an independent commercial equipment lender located in Norwalk, CT, announced a letter was sent to the Special Committee of the Board of Directors of IOU Financial Inc. (IOU). NMEF’s proposed acquisition is at...
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July 26, 2023, 07:15 AM
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North Mill Equipment Finance (NMEF), an independent commercial equipment lender located in Norwalk, CT, announced the company won the prestigious GlobalCapital US Securitization Award for ABS Deal of the Year for 2022 for its NMEF 2022-A equipment...
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June 14, 2023, 07:23 AM
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BriteCap Financial LLC announced its formation with a substantial capital investment from affiliates of North Mill Equipment Finance LLC (NMEF), an independent commercial equipment lender, and from BriteCap’s senior management team. “The partnership...
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May 01, 2023, 07:21 AM
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North Mill Equipment Finance LLC (NMEF), an independent commercial equipment lender in Norwalk, CT, launched its online customer portal, a powerful, feature-rich digital platform designed to help the company’s nearly 15,000 customers self-manage...
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January 18, 2023, 07:15 AM
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North Mill Equipment Finance LLC (NMEF), an independent commercial equipment lender located in Norwalk, CT, announced 2022 was the best year in the company’s 65-year history. Organic lease and loan originations reached an all-time high and financial...
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January 10, 2023, 07:23 AM
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North Mill Equipment Finance LLC (NMEF), an independent commercial equipment lessor headquartered in Norwalk, CT, announced the promotion of nine officer and manager employees representing several departments across the organization.Promotions...
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January 06, 2023, 07:22 AM
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North Mill Equipment Finance LLC (NMEF) announced the closing of its sixth commercial equipment backed securitization (ABS), NMEF Funding 2022-B. The $353 million transaction is North Mill’s second ABS transaction this year, bringing the total...
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October 18, 2022, 07:25 AM
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North Mill Equipment Finance LLC (NMEF), an independent commercial equipment lessor headquartered in Norwalk, CT, announced the company crossed the $1 billion mark in total originations since its recapitalization by an affiliate of Wafra Capital...
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August 02, 2022, 07:25 AM
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North Mill Equipment Finance LLC (NMEF), an independent commercial equipment lessor headquartered in Norwalk, CT, announced the company has implemented major enhancements to its pricing scheme, simplifying its buy rate structure and connecting each...
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July 19, 2022, 07:14 AM
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North Mill Equipment Finance LLC (NMEF), an independent commercial equipment lessor headquartered in Norwalk, CT, reported an all-time high in funding volume for the second quarter of 2022. Funded volume surged to $147 million, up 34 percent from the...
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July 08, 2022, 07:20 AM
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North Mill Equipment Finance LLC (NMEF), an independent commercial equipment lessor headquartered in Norwalk, CT, announced that first quarter loan and lease originations reached an all-time high of $109 million, up 99 percent from the same period...
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April 05, 2022, 07:19 AM
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North Mill Equipment Finance LLC (NMEF), a mid-ticket equipment finance lender headquartered in Norwalk, CT, has launched a new company logo in support of the ongoing evolution and record growth of the organization. The brand refresh is timely as...
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March 14, 2022, 07:22 AM
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North Mill Equipment Finance LLC (NMEF) announced the closing of its fifth commercial equipment backed securitization (ABS), NMEF Funding 2022-A (NMEF 2022-A). The $371,070,000 transaction represents North Mill’s largest ABS issuance to date...
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March 07, 2022, 07:18 AM
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North Mill Equipment Finance LLC (NMEF) announced the promotion of eight employees representing several departments across the organization. The promotions include:
Pier Snider – Executive Vice President, Chief Financial Officer
Kristin Coster –...
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January 11, 2022, 07:19 AM
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North Mill Equipment Finance LLC (NMEF) a commercial equipment lender headquartered in Norwalk, CT, announced 2021 was the best year in the company’s six decades-long history. Organic originations reached an all-time high and delinquencies hit an all...
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January 07, 2022, 07:17 AM
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North Mill Equipment Finance LLC announced Q3 loan and lease originations reached an all-time quarterly high of $129.1 million as September drew to a close. Reporting a steady upsurge in volume since January, North Mill continued the trend as it...
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October 04, 2021, 07:23 AM
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North Mill Equipment Finance, LLC announced it has entered the mid-ticket financing sector by offering referral agents the opportunity to finance up to $1 million for their customers through the company’s Application Plus program. Additionally, North...
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September 28, 2021, 07:22 AM
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North Mill Equipment Finance, LLC and TF Group, Inc. (Taycor Financial) announced the acquisition of 100 percent of the stock of the parent company of Aztec Financial, LLC from an affiliate of Aramsco, Inc. Aztec is an equipment finance company...
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September 17, 2021, 07:25 AM
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North Mill Equipment Finance LLC, an independent commercial equipment lessor in Norwalk, CT, announced its originations for the second quarter exceeded a record-breaking $120 million. A new record was also set for June as originations closed at just...
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July 07, 2021, 07:23 AM
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North Mill Equipment Finance, LLC, an independent commercial lender in Norwalk, CT, continues its upward growth trajectory as 14 new employees are added to the company’s workforce. New team members represent several departments spanning the...
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April 27, 2021, 07:25 AM
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North Mill Equipment Finance LLC announced it has restructured its working capital solution to make it more competitive with other, less cost-effective options on the market.The financing arrangement, called Cash Out, allows a customer to borrow the...
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April 13, 2021, 07:16 AM
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North Mill Equipment Finance LLC, an independent commercial equipment lessor providing small-ticket financing through its network of referral agents, announced the company reached an all-time high in monthly loan and lease originations in March....
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April 05, 2021, 07:23 AM
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North Mill Equipment Finance LLC announced the closing of its fourth commercial equipment backed securitization (ABS), NMEF Funding 2021-A (NMEF 2021-A). The $236,588,000 ABS issuance was well received by institutional investors, evidenced by strong...
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March 22, 2021, 07:23 AM
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North Mill Equipment Finance LLC, an independent commercial equipment lessor located in Norwalk, CT., announced the upsizing of its existing investment-grade rated corporate notes to $25 million. The company intends to use the net proceeds from the...
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March 09, 2021, 07:18 AM
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North Mill Equipment Finance LLC, an independent commercial equipment lessor located in Norwalk, CT, announced the promotion of Mark Bonanno to President, Chief Operating Officer.“Mark has been highly influential in helping the business attain record...
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February 23, 2021, 07:22 AM
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North Mill Equipment Finance LLC, an independent commercial equipment lessor located in Norwalk, CT, announced the promotion of 10 employees representing several departments across the organization. They include:
James Cavallaro, Vice President...
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January 25, 2021, 07:25 AM
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North Mill Equipment Finance LLC, an independent commercial equipment lessor located in Norwalk, CT, announced 2020 was the best 12 months in the company’s 60-year history as loan and lease originations reached an all-time high. Reporting upsurges in...
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January 05, 2021, 07:22 AM
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North Mill Equipment Finance LLC, an independent commercial equipment lessor located in Norwalk, CT., announced the company closed on two fourth quarter capital market transactions.The company increased the size of its senior loan facility with...
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December 28, 2020, 07:25 AM
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North Mill Equipment Finance LLC, an independent commercial equipment lessor located in Norwalk, CT, announced the company reached an all-time high in monthly loan and lease originations in November. The record-breaking month saw funded volume climb...
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December 03, 2020, 07:20 AM
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North Mill Equipment Finance LLC, an independent commercial equipment lessor located in Norwalk, CT, will host a 30-minute webinar on how referral agents can benefit from the organization’s financial solutions and record-breaking year in originations...
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November 09, 2020, 07:08 AM
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North Mill Equipment Finance, LLC, an independent commercial lender in Norwalk, CT, announced the appointment of Jeffrey T. Schick as the company’s Operational Controller. Four additional employees have joined the organization including Elizabeth...
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November 05, 2020, 07:25 AM
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North Mill Equipment Finance LLC, an independent commercial equipment lender, announced the company posted record originations for the third quarter of 2020, the best three months in the firm’s history. Representing a growth rate of approximately 15...
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October 07, 2020, 07:25 AM
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North Mill Equipment Finance LLC, an independent commercial equipment lessor located in Norwalk, CT, announced the company achieved an all-time high in loan and lease fundings in July. The record-breaking month saw funded volume reach nearly $18.5...
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August 04, 2020, 07:22 AM
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North Mill Equipment Finance, LLC , an independent commercial lender in Norwalk, CT, announced the appointments of Matthew Mosley as Broker Relationship Manager, Max Russell as Junior Asset Management Associate, Bryan Rosado Delgado as Asset Recovery...
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July 21, 2020, 07:25 AM
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North Mill Equipment Finance LLC, an independent commercial equipment lender located in Norwalk, CT, announced it posted record originations for the first half of 2020. Funded volume reached nearly $80 million, representing a growth rate of 40...
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July 08, 2020, 07:30 AM
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North Mill Equipment Finance, LLC, announced the promotion of four key employees. The announcement follows North Mill’s banner year in 2019 as the company posted the highest level of originations in its history. The strategic appointments will play a...
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January 20, 2020, 07:25 AM
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North Mill Equipment Finance LLC announced the company posted record originations for 2019 — the best year in its history. Funded volume exceeded $136 million representing a growth rate of 350 percent over 2018.“Everybody’s collective efforts are...
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January 09, 2020, 07:22 AM
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North Mill Equipment Finance announced the closing of its third commercial equipment asset-backed securitization (ABS), NMEF Funding 2019-A. The $164 million ABS issuance priced at a duration weighted average yield of 3.15 percent. The proceeds will...
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December 10, 2019, 07:22 AM
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North Mill Equipment Finance (“North Mill”)announce it will host a live 45-minute webinar on how referral agents can benefit from the top ten policy and product enhancements implemented at the company.Scheduled on two different dates to accommodate...
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October 23, 2019, 06:54 AM
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North Mill Equipment Finance LLC announced record originations for the third quarter of 2019. The best quarter in North Mill’s history, the company exceeded $43 million in funded volume representing a growth rate in excess of 30 percent from the...
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October 04, 2019, 07:15 AM
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North Mill Equipment Finance LLC announced yet another record-breaking month in originations as the company posted $15 million of aggregate volume in July. An all-time high for the organization, the momentum is expected to continue as the year...
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August 07, 2019, 07:20 AM
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Nations Equipment Finance has hired Rick Ciralli as Senior Vice President of Asset Management. In this role, he will be responsible for all of Nation’s asset management activities. Ciralli started his career as a business manager in the automotive...
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July 30, 2019, 07:30 AM
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North Mill Equipment Finance LLC, an independent commercial equipment lessor in South Norwalk, CT, announced it has financed year-to-date more than 60 Class 8 vehicles with an exclusive Truckmaster warranty included in the transactions, a bundled...
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July 22, 2019, 07:20 AM
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North Mill Equipment Finance LLC, an independent commercial equipment lender located in South Norwalk, CT, announced record originations for the second quarter, exceeding $33 million in funded volume. It was the best quarter in the company’s history...
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July 02, 2019, 07:25 AM
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North Mill Equipment Finance LLC announced record originations for April. It was the best month in the company’s history and the surge in volume is expected to continue as the year forges ahead.“This was a tremendous team effort across the board and...
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May 03, 2019, 07:25 AM
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North Mill Equipment Finance, LLC announced the appointments of Craig Hohl as Sr. Vice President, Chief Information Officer and Jennifer Khan as the company’s Controller.Reporting to North Mill’s chief operating officer, Hohl will leverage his more...
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April 08, 2019, 07:23 AM
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North Mill Equipment Finance has hired Paul Cheslock as Vice President of Customer Relations.Cheslock brings 27 years of experience leading customer relations and sales teams in various sectors of the financial industry with an emphasis on the...
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October 31, 2018, 07:15 AM
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North Mill Equipment Finance LLC announced it has been acquired by an affiliate of Wafra Capital Partners Inc. (WCP).North Mill is an independent, small ticket equipment finance firm for essential-use commercial and industrial equipment, principally...
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August 10, 2018, 07:25 AM
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Colford Capital Holdings announced the sale of 100% of the equity interests of North Mill Capital LLC (“NMC”) to Solar Senior Capital Ltd. NMC, based in Princeton, New Jersey, is an asset-based lending and commercial finance company that provides...
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October 25, 2017, 07:30 AM
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North Mill Equipment Finance announced several executive and management promotions.David Lee has been named as Chairman and CEO of North Mill Equipment Finance. Mr. Lee is also CEO of Colford Capital, North Mill’s parent company. Mr. Lee has over 30...
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February 16, 2017, 07:15 AM
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North Mill Equipment Finance announced that Mark Bonanno has joined the company as its Chief Financial Officer.Bonanno is a Certified Public Accountant who comes to North Mill from his most recent role as Chief Financial Officer at Advantage Funding...
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September 15, 2016, 07:11 AM
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The Certified Lease & Finance Professional (CLFP) Foundation announced that four individuals who sat through the 8-hour online CLFP exam have passed:
Don Cosenza, CLFP – North Mill Equipment Finance, Chief Marketing Officer
Randy Hollowell, CLFP...
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July 08, 2016, 07:08 AM
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North Mill Equipment Finance LLC announced the closing of its second securitization transaction, NMEF Funding 2016-A, which was completed on June 13, 2016. NMEF Funding 2016-A issued two classes of equipment finance-backed notes totaling $111.15...
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June 17, 2016, 07:17 AM
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North Mill Equipment Finance announced the closing of its inaugural securitization transaction, NMEF Funding 2015-A, which was completed on May 7, 2015. NMEF Funding 2015-A issued two classes of equipment finance-backed notes totaling $122 million...
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May 12, 2015, 07:03 AM
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North Mill Equipment Finance LLC (“North Mill”) announced that it has increased the size of its senior loan facility with Wells Fargo Capital Finance to $75 million. The increased loan facility will enable North Mill to expand its business of...
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April 22, 2015, 07:03 AM
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North Mill Equipment Finance,announced the promotion of three of its senior executives.Josh Rothman has been promoted to Executive Vice President and Chief Information Officer. He is responsible for spearheading North Mill’s data analytics solutions...
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April 16, 2015, 07:24 AM
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North Mill Equipment Finance LLC has entered into a $30 million senior loan facility with East West Bank. The new facility is in addition to the company’s existing $50 million facility and will enable North Mill Equipment Finance to continue...
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April 22, 2014, 07:00 AM
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Colford Capital Holdings announced that Stellus Capital Investment Corporation has provided Colford $25 million in the form of senior secured notes. Colford plans to deploy the funds into its operating subsidiaries to support their continued growth...
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June 13, 2013, 07:00 AM
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North Mill Equipment Finance LLC (“North Mill EF”) announced that it has entered into a $50 million senior loan facility with Wells Fargo Capital Finance, part of Wells Fargo & Company (NYSE: WFC). The new loan facility will enable North Mill EF to...
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May 01, 2013, 07:15 AM
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Colford Capital (“Colford”), a holding company building a diversified and industry leading specialty finance business, announced that it has acquired substantially all the assets of Equilease Financial Services, Inc. (“Equilease”). Based in Norwalk...
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November 09, 2012, 07:31 AM
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