North Mill Equipment Finance (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, surpassing...
Read Story
March 07, 2022, 07:15 AM
|
North Mill Capital LLC (d/b/a SLR Business Credit), acquired Fast Pay Partners. Based in Los Angeles, CA, Fast Pay Partners enables clients to accelerate receivables and access liquidity through its asset-based lending and factoring platform which...
Read Story
August 13, 2021, 08:00 AM
|
Solar Capital Partners announced that it will change its name to SLR Capital Partners (“SLR” or “the Advisor”), effective February 25, 2021. The new name, which utilizes a common brand across its affiliates and specialty finance investment teams...
Read Story
February 25, 2021, 08:09 AM
|
North Mill Capital provided a $4,000,000 Asset Based Revolving Line of Credit to Tropical Aquaculture Products, Inc., an importer and distributor of fresh seafood headquartered in Rutland, Vermont.The funds were utilized to pay off the current bank...
Read Story
October 05, 2020, 08:59 AM
|
North Mill Capital provided an $18 million revolving line of credit to Optical Cable Corporation.The funds were used to refinance the prior lender and provide additional working capital for the company. Optical Cable Corporation is a leading...
Read Story
September 14, 2020, 09:00 AM
|
North Mill Capital closed a $900,000 Accounts Receivable Credit Facility for Sic Lazaro US Incorporated, a manufacturer of larger metal fabrications and counterweights for heavy machinery and elevators.The funds will be used to provide additional...
Read Story
August 03, 2020, 08:00 AM
|
North Mill Capital is pleased to announce the funding of the following transactions:
$500,000 accounts receivable credit facility to an Illinois manufacturer of springs and metal stamping for the automotive industry. The company was a previous...
Read Story
June 08, 2020, 09:15 AM
|
North Mill Capital closed a $15,000,000 Accounts Receivable Factoring Facility to provider of oral and personal hygiene products.The funds were used to pay off the previous lender and provide additional working capital to support the Company's growth...
Read Story
April 27, 2020, 09:05 AM
|
North Mill Capital announced it has closed a $5,000,000 Asset Based Revolving Line of Credit with Connecticut-based 203 Trading LLC, a distributor of refurbished computers and electronics headquartered in Norwalk.The funds will be used to repay the...
Read Story
March 09, 2020, 08:55 AM
|
North Mill Capital provided a $7 million asset based revolving line of credit to Phoenix Textile, a distributor of textiles, sheets, linens and interiors to residential, hospitality, government institutions and healthcare facilities across the...
Read Story
February 03, 2020, 08:55 AM
|
John McDonald has joined North Mill Capital (NMC) as an Assistant Vice President and Account Executive in its Minneapolis, Minnesota, office.McDonald was formerly with Sage Business Credit whose portfolio was acquired by NMC in December 2019....
Read Story
January 10, 2020, 08:00 AM
|
Betty Hernandez, Executive Vice President and CCO of North Mill Capital had been appointed to the Executive Committee of Secured Finance Network (SFNet), an international trade association for organizations and professionals who deliver and enable...
Read Story
December 19, 2019, 08:55 AM
|
North Mill Capital announced the promotion of Jennifer Borg from Vice President to Senior Vice President.Jennifer has been with the Company since 2001. Throughout the years her role at North Mill Capital has evolved and she is currently a senior...
Read Story
December 16, 2019, 08:45 AM
|
North Mill Capital announced the promotion of Tessa Brend from Assistant Vice President to Vice President. Brend began her career with the company in 2009. She has held various roles within North Mill Capital ranging from Collateral Specialist to...
Read Story
December 09, 2019, 10:10 AM
|
North Mill Capital recently promoted Jennifer Ross to Senior Vice President.Ross started her career at Summmit Financial Resources in 2009."Jennifer is one of our most senior account executives," said James Baugh, Chief Risk Officer of the Western...
Read Story
December 02, 2019, 08:45 AM
|
North Mill Capital LLC announced the promotion of Stephanie Koveleski from Account Executive to Assistant Vice President.Koveleski holds a Bachelor’s degree from Temple University and worked at another commercial finance company before joining North...
Read Story
November 26, 2019, 08:49 AM
|
North Mill Capital provided a $3.5 milliom Accounts Receivable Credit Facility to Innominds Software, Inc. Innominds provides product engineering and digital transformation services for global enterprises.They design, develop and engineer solutions...
Read Story
October 15, 2019, 08:35 AM
|
North Mill Capital, a wholly owned subsidiary of Solar Senior Capital, has acquired Summit Financial Resources, a provider of factoring services across the U.S. Founded in 1994 and based in Salt Lake City, Utah, Summit has built a diversified...
Read Story
September 09, 2019, 08:45 AM
|
North Mill Capital, a wholly owned subsidiary of Solar Senior Capital, announced the acquisition of Summit Financial Resources, a provider of factoring services across the U.S. Founded in 1994 and based in Salt Lake City, UT, Summit has built a...
Read Story
August 13, 2019, 08:50 AM
|
North Mill Capital announced that Stephen Metivier has joined the company as Managing Director of Originations.
Metivier has been in the asset based lending industry for over 27 years. According to published reports, Metivier was previously a...
Read Story
November 08, 2018, 08:00 AM
|
Super G provided a $2 million junior participation term loan to a producer of machined and fabricated components and parts for original equipment manufacturers in the agriculture, construction, mining, and oil & gas industries.The company was seeking...
Read Story
October 11, 2018, 07:02 AM
|
Colford Capital Holdings LLC 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...
Read Story
October 25, 2017, 08:02 AM
|
North Mill Capital LLC announced the promotion of Heidi Ames to Senior Vice President. Ames, who joined North Mill in 2010 as an auditor, is now a senior account executive handling a portfolio of asset-based clients and is responsible for new...
Read Story
October 21, 2016, 07:15 AM
|
North Mill Capital announced it has hired Robert Reagan as a Senior Vice President/Business Development Officer for its mid-Atlantic region."Bob will help grow our ABL and factoring business in the Mid-Atlantic States," said Dan Tortoriello, EVP and...
Read Story
October 18, 2016, 07:33 AM
|
John D. Santos has been hired by North Mill Capital as a senior vice president and business development officer in Princeton, NJ. Santos will be responsible for business development throughout the tristate area.Santos has more than ten years of...
Read Story
June 09, 2016, 07:57 AM
|
Rosenthal & Rosenthal, Inc., a leading private commercial finance company specializing in factoring and asset-based lending, announced the appointment of Robert Schnitzer as Senior Vice President. In his role, Schnitzer will be responsible for...
Read Story
April 04, 2016, 08:07 AM
|
North Mill Capital announced the funding of a $10 million accounts receivable and inventory credit facility for GMT Corporation. The funds were utilized for corporate restructuring, paying out the prior lender, as well as providing a line compatible...
Read Story
February 26, 2016, 07:43 AM
|
North Mill Capital LLC announced Chris Lehnes, a 20+ year veteran of small business lending, has joined the firm as Senior Vice President, Business Development Officer. Lehnes has been charged with developing asset-based lending and factoring...
Read Story
January 29, 2016, 07:12 AM
|
Veritas Financial Partners announced the appointment of Gregg Simpson as Senior Vice President. He will be based in Veritas’s new Charlotte, NC office as part of the firm’s strategic initiative to expand geographically.Simpson brings more than 35...
Read Story
January 14, 2016, 07:26 AM
|
North Mill Capital anounced it has furnished Bartash Printing, Inc. with a $10 million credit facility to finance accounts receivable, inventory and purchase orders. Term Loans on equipment and real estate were also provided. EverBank Business...
Read Story
June 10, 2015, 07:24 AM
|
Siena Lending Group, in conjunction with North Mill Capital, announced the completion of a three-year $25 million asset-based revolving credit facility for D&M Holdings US, Inc. and D&M Canada, Inc., to support their growth and seasonal working...
Read Story
June 02, 2015, 07:48 AM
|
North Mill Capital announced the hiring of Larry J. Kamin, SVP. Kamin will assume the role of Account Executive as Bob Flynn has retired. Kamin has over 30 years of lending experience. Most recently Kamin was a Managing Director and Relationship...
Read Story
April 02, 2015, 07:25 AM
|
North Mill Capital announcedt it has hired Gregg Simpson as a Senior Vice President in Charlotte, NC. Simpson is responsible for business development in the Southeastern states. He has been in that market for over 35 years serving in various credit...
Read Story
February 25, 2015, 08:03 AM
|
Mark Haley has joined North Mill Capital as vice president and business development officer for the New England region. Haley brings over 20 years of commercial finance experience to North Mill Capital with banking, factoring and asset based lending...
Read Story
August 26, 2014, 07:18 AM
|
Len Losquadro has joined North Mill Capital LLC as a Vice President and Business Development Officer in the New York area. Dan Tortoriello, COO, said, "Len's energy and knowledge of the New York region will make him a valued addition to the team. He...
Read Story
August 01, 2014, 07:17 AM
|
North Mill Capital, LLC (North Mill), a leading ABL lender and factor for small businesses, announced it has secured a new, three-year, $90 million credit facility led by Wells Fargo Capital Finance, part of Wells Fargo & Company, BMO Harris Bank...
Read Story
January 28, 2014, 09:00 AM
|
North Mill Capital announced the funding of a $1 million accounts receivable and inventory credit facility for Sic Lazaro.
Located in Wisconsin, Sic Lazaro provides solutions in counterweights and ballast weights for objects and machinery. Funds...
Read Story
October 15, 2013, 07:03 AM
|
Colford Capital Holdings, a holding company that owns and manages specialty finance businesses, announced today that Stellus Capital Investment Corporation has provided Colford $25 million in the form of senior secured notes. Colford plans to deploy...
Read Story
June 13, 2013, 07:43 AM
|
North Mill Equipment Finance announced that it has entered into a $50 million senior loan facility with Wells Fargo Capital Finance. The new loan facility will enable North Mill EF to expand its business of originating small-ticket equipment leases...
Read Story
May 01, 2013, 07:37 AM
|
Robert Schnitzer has joined North Mill Capital as senior vice president and business development officer. Bob brings over 30 years of asset-based lending experience to North Mill Capital having spent 11 years with Sterling National Bank's ABL...
Read Story
February 21, 2013, 07:47 AM
|
Colford Capital, a holding company building a diversified and industry leading specialty finance business including Princeton, NJ-based North Mill Capital, announced has acquired substantially all the assets of Equilease Financial Services, Inc. ...
Read Story
November 09, 2012, 08:18 AM
|