North Mill Sets Company Record with Nearly $19MM in Funded Volume in November

North Mill Equipment Finance reached an all-time high in monthly loan and lease originations in November, as funded volume climbed to nearly $19 million, representing a growth rate of approximately 70% vs. the same period last year.

“The new watermark in volume was especially gratifying given the number of business days in November is shortened by the extended Thanksgiving weekend holiday and Veteran’s Day,” David C. Lee, chairman and CEO of North Mill Equipment Finance, said.

According to Lee, a key factor contributing to North Mill’s success is the company’s commitment to asset diversification and emphasis on stronger credit borrowers.