North Mill Equipment Finance Raises $30 Million in Corporate Notes to Support Lending Growth

North Mill Equipment Finance (NMEF), an independent equipment lender based in Norwalk, Connecticut, has raised $30 million through investment-grade corporate notes. Brean Capital served as exclusive financial adviser and sole placement agent for the transaction. The capital infusion will support portfolio growth and originations as the company sees continued demand in the small- and mid-ticket equipment financing market.

Deal Highlights

• Amount raised: $30 million in investment-grade corporate notes

• Adviser: Brean Capital (exclusive financial adviser and sole placement agent)

• Purpose: Support portfolio growth and expand originations

• Investor mix: Strong backing from existing investors plus participation from new investors

• Rating: Investment-grade, reflecting balance-sheet strength

About North Mill Equipment Finance

Ownership:

• Majority-owned by an affiliate of InterVest Capital Partners

Headquarters:

• Norwalk, Connecticut

Regional Offices:

• California

• Colorado

• New Jersey

• Utah

Affiliate Company:

• BriteCap Financial — provides working-capital financing for small businesses from Las Vegas

Lending Parameters

NMEF finances commercial leases and loans across a range of deal sizes:

• Standard transactions: $15,000 to $3 million

• Investment-grade deals: Up to $5 million

Equipment Categories Served

The company provides financing across multiple sectors:

• Medical equipment

• Construction equipment

• Franchise equipment

• Technology equipment

• Vocational equipment

• Manufacturing equipment

• Other equipment categories