North Mill Equipment Finance, an independent commercial equipment lessor located in Norwalk, CT, promoted 10 employees across several departments in the organization.
North Mill Equipment Finance increased the size of its senior loan facility with Deutsche Bank to $125 million to support 2020 originations. Additionally, North Mill closed a new $50 million senior loan facility with Truist Bank in December. The new loan facility increased North Mill’s total credit availability to $205 million.
North Mill Equipment Finance, an independent commercial lender in South Norwalk, CT, has appointed Craig Hohl as senior vice president, chief information officer and Jennifer Khan as the company’s controller.
Colford Capital said that Stellus Capital has provided it with $25 million in the form of senior secured notes. A portion of the proceeds will be used to fuel the expansion of Colford’s North Mill Capital.