North Mill Equipment Finance Hit All-Time Quarterly Loan/Lease Originations Record

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growthNorth Mill Equipment Finance just had its best quarter in 60 years. The company originated $129.1M in Q3. That was up from the record set the previous quarter of $120M.

Contributing to the company’s growth rate is the recent joint acquisition of 100% of the stock of parent company Aztec Financial, LLC.

“This has been an exceptional year,” said David C. Lee, Chairman and CEO, North Mill. “In addition to introducing a new category of equipment through the acquisition of Aztec, we recently purchased a $50.3 million portfolio of seasoned truck and trailer leases to help diversify our portfolio even further.”

The company is on pace to surpass $400M in originations in 2021.

Last modified: October 14, 2021

Category: Business Lending

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