Brean Capital Raises $30 Million in Corporate Notes for North Mill Equipment Finance
November 20, 2025 | NORWALK, CT – North Mill Equipment Finance LLC (“NMEF”), a leading independent commercial equipment lender and lessor headquartered in Norwalk, Connecticut, is pleased to announce the successful extension and upsize of their investment-grade rated corporate notes to $30.0 million. The company intends to use the net proceeds to support its growth and the funding of new originations.
"We appreciate the commitment and ongoing support of our existing investors, and the confidence new investors have shown in our platform," said Mark Bonanno, President & Chief Revenue Officer of NMEF. “This transaction further diversifies our capital stack, providing us additional stability in the marketplace.”
“The investment grade rating attained in this transaction further illustrates the strength of our balance sheet and the capital raised offers us increased operational flexibility to fund our rapid growth” said Pier Snider, Chief Financial Officer of NMEF
Brean Capital, LLC served as the company’s exclusive financial advisor and sole placement agent in connection with the transaction.
About North Mill Equipment Finance
NMEF is a national, premier lender who works with third-party referral (TPR) sources to finance small to mid-ticket equipment commercial leases and loans ranging from $15,000 to $3,000,000 and up to $5,000,000 for investment grade opportunities. NMEF accepts A – C credit qualities and finances transactions for many asset categories including but not limited to medical, construction, franchise, technology, vocational, manufacturing, renovation, janitorial and material handling equipment. NMEF is majority owned by an affiliate of InterVest Capital Partners. The company’s headquarters are in Norwalk, CT, with regional offices in Irvine, CA, Fort Collins, CO, Voorhees NJ, and Murray, UT. For more information, visit www.nmef.com. One of NMEF’s controlled affiliates, BriteCap Financial LLC, is a leading non-bank lender providing small businesses with fast, convenient financing alternatives such as working capital loans since 2003 from its main office in Las Vegas, NV. For more information, visit www.britecap.com.