AUGUST 25, 2023, NORWALK, CT – North Mill Equipment Finance LLC (“NMEF”), a leading independent commercial equipment lender headquartered in Norwalk, Connecticut, announced today that the company joined the prestigious Inc. 5000 annual list of fastest growing private businesses in the US. A first-time honoree, NMEF placed #1,598 based on its 3-year revenue growth rate of 354 percent. It also placed #99 out of 272 companies included on the list’s financial services category.
According to Inc. magazine, businesses that earn a ranking are in the top ½% of all privately held companies in the country in terms of growth and are considered the “best of the best.” To qualify, they must have been generating revenue by the end of the first quarter of 2019, be US-based, for profit, independent, privately held, and meet minimum revenue requirements between 2019 and 2022.
“We are honored to join the Inc. 5000 class of 2023 and consider it a milestone,” reported David C. Lee, NMEF Chairman and CEO. “Our growth has been possible because of the extraordinary work ethic of our employees. I could not be prouder of the ongoing dedication, commitment to excellence and steadfast customer-first mentality displayed by those who consider NMEF their second home. Moreover, as the largest broker-centric lender in the country, we would not be where we are today without the hundreds of referral agents who have chosen to make us their go-to-lender.”
NMEF originates and services small to mid-ticket equipment leases and loans, ranging from $15,000 to $2,000,000 in value. A broker-centric private lender, the company accepts A – C credit qualities and finances transactions for many asset categories including construction, transportation, vocational, medical, manufacturing, printing, franchise, renovation, janitorial and material handling equipment. NMEF is majority owned by an affiliate of InterVest Capital Partners. The company’s headquarters is in Norwalk, CT, with regional offices in Irvine, CA, Dover, NH, 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 offices in North Hollywood, CA and Las Vegas, NV. For more information, visit www.britecap.com.