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Author Profile

Thomas G. Siska
Senior Vice President | North Mill Capital, LLC.
Thomas G. Siska is a senior vice president at North Mill Capital, LLC. Siska began his career in 1984, building the Midwestern Branch from the ground up for a West Coast-based non-recourse factor. Later, he established the firm’s first international subsidiary. Siska then supervised over 25 sales offices throughout North America. He left in 1994 to turnaround an asset-based lender and as part of that strategy, he established a de novo factoring division. Two years later, the company sold to a bank for 15 times book equity. Siska later joined GE Capital as senior vice president in its small ABL and factoring division. Prior to joining North Mill Capital, Siska founded an ABL and factoring subsidiary for another bank. He holds degrees in finance and marketing from DePaul University (1983) and earned his MBA from the University of Chicago (1990).

Posts by this Author:

North Mill Capital’s Tom Siska advises the recent news announcing the relationship between the largest bank in the U.S. and a new age Fintech is just the tip of a looming iceberg. Read Full Article

Current Environment
January 04, 2016 @ 07:00 AM

Like the gunslingers of the Old West, the merchant cash advance companies have entered factoring and are making up new rules as they go along. Read Full Article

Industry Trends
March 03, 2015 @ 07:00 AM

Tom Siska admits he’s never had a prospect marvel at how inexpensive factoring is. But that’s hardly a concern for this industry veteran. Here Siska flips the paradigm with regard to objections voiced over the cost of factoring. Read Full Article

April 17, 2013 @ 07:00 AM

It’s been said that “Knowledge is Power”. Well, no one ever gained knowledge while talking. That’s important to remember… Read Full Article

July 05, 2016 @ 07:00 AM

Industry veteran Tom Siska minces no words when it comes to expressing his distaste for the re-emergence of certain pre-recession lending behaviors. Read Full Article

November 13, 2013 @ 06:55 AM