North Mill Equipment Finance

Norwalk, United States Founded: 2012 • Age: 14 yrs Acquired By Wafra Capital Partners
Asset-backed loans are provided for equipment financing needs.

About North Mill Equipment Finance

North Mill Equipment Finance is a company based in Norwalk (United States) founded in 2012 was acquired by Wafra Capital Partners in August 2018.. The company has 110 employees as of December 31, 2021. North Mill Equipment Finance has completed 1 acquisition, including Pawnee Leasing. North Mill Equipment Finance offers products and services including Equipment Financing, Syndication Solutions, and Loan Options. North Mill Equipment Finance operates in a competitive market with competitors including Moneylion, SoFi, Avant, BlockFi and Oportun, among others.

  • Headquarter Norwalk, United States
  • Employees 110 as on 31 Dec, 2021
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name North Mill Equipment Finance, Llc
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $30 M (USD), Debt – Conventional

    Nov 20, 2025

  • Investors
    Truist

    & 2 more

  • Employee Count
    110

    as on Dec 31, 2021

  • Investments & Acquisitions
  • Acquired by
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Products & Services of North Mill Equipment Finance

North Mill Equipment Finance offers a comprehensive portfolio of products and services, including Equipment Financing, Syndication Solutions, and Loan Options. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Provides loans for commercial equipment purchases and leases.

Offers funding structures for business growth through partnerships.

Delivers tailored loans for various credit profiles and asset needs.

People of North Mill Equipment Finance
Headcount 50-200
Employee Profiles 32
Employee Profiles
People
Blair Dawson
Chief Marketing Officer & Senior Vice President
People
Don Cosenza
SVP & CMO
People
Doug Jackson
AVP, Documentation & Funding
People
Ellen Miller
VP, Legal

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Funding Insights of North Mill Equipment Finance

  • Total Funding
  • Total Rounds 4
  • Last Round Debt – Conventional — $30.0M
  • First Round

    (01 Dec 2020)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2025 Amount Debt – Conventional - North Mill Equipment Finance Valuation

investors

Mar, 2021 Amount Debt – Conventional - North Mill Equipment Finance Valuation

investors

Dec, 2020 Amount Debt – Conventional - North Mill Equipment Finance Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in North Mill Equipment Finance

North Mill Equipment Finance has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Truist, Deutsche Bank and Wafra Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Diversified banking and financial services are provided globally.
Founded Year Domain Location
Wealth advisory and banking services are offered to clients.
Founded Year Domain Location
A real estate fund offering multiple investment strategies for optimal returns.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by North Mill Equipment Finance

North Mill Equipment Finance has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Pawnee Leasing. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Chesswood Group's asset finance arm
1982
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - North Mill Equipment Finance

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

North Mill Equipment Finance Comparisons

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Competitors of North Mill Equipment Finance

North Mill Equipment Finance operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Moneylion, SoFi, Avant, BlockFi and Oportun, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Instant consumer loans and mobile banking are offered online.
domain founded_year HQ Location
Various consumer loans and financial services are offered online.
domain founded_year HQ Location
Consumer loans are facilitated via an online platform.
domain founded_year HQ Location
Crypto trading, loans, interest accounts, and wallets are offered online.
domain founded_year HQ Location
Online platform for consumer loans
domain founded_year HQ Location
Consumer credit and banking products are offered to individuals.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on North Mill Equipment Finance

Frequently Asked Questions about North Mill Equipment Finance

When was North Mill Equipment Finance founded?

North Mill Equipment Finance was founded in 2012 and raised its 1st funding round 8 years after it was founded.

Where is North Mill Equipment Finance located?

North Mill Equipment Finance is headquartered in Norwalk, United States.

How many employees does North Mill Equipment Finance have?

As of Dec 31, 2021, the latest employee count at North Mill Equipment Finance is 110.

What does North Mill Equipment Finance do?

North Mill Equipment Finance was established in 2012 and is headquartered in Norwalk, United States. Operations focus on the financial services sector, where asset-backed loans are extended to support equipment acquisitions and related needs. Services include tailored financing solutions for businesses, with an emphasis on collateralized lending arrangements. The company operates primarily within the U.S. market, serving various industries through its online platform at nmef.com.

Who are the top competitors of North Mill Equipment Finance?

North Mill Equipment Finance's top competitors include SoFi, BlockFi and Avant.

What products or services does North Mill Equipment Finance offer?

North Mill Equipment Finance offers Equipment Financing, Syndication Solutions, and Loan Options.

How many acquisitions has North Mill Equipment Finance made?

North Mill Equipment Finance has made 1 acquisition, including Pawnee Leasing.

Who are North Mill Equipment Finance's investors?

North Mill Equipment Finance has 3 investors. Key investors include Truist, Deutsche Bank, and Wafra Capital Partners.

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