LEE BERGERON JOINS NORTH MILL AS SVP OF STRUCTURED PRODUCTS

NOVEMBER 15, 2024, NORWALK, CT – North Mill Equipment Finance LLC (“NMEF”), a leading independent commercial equipment lender and lessor headquartered in Norwalk, Connecticut, announced today that Lee Bergeron has joined the Company as Senior Vice President of Structured Products. Lee will be focusing on developing innovative operating lease products for vendors, dealers and manufacturers in partnership with NMEF’s deep referral partner network. Joining Lee on this new product development focus will be Paul Cheslock, who now becomes Vice President of Structured Products after having served as Vice President of Customer Relations since 2018.

“As we continue our expansion and diversify our product offerings, NMEF is committed to fostering innovative financial solutions including true operating leases,” said David Lee, CEO. “Lee and Paul’s collective experience and expertise will be instrumental in quickly solidifying our place as a leader in the small and middle ticket FMV leasing market.”

“I am excited to be joining NMEF and to be working with Paul to build out this new financial product division,” said Bergeron. “NMEF’s deep referral partner relationship network, first-rate operational platform, and deep capital base, positions us to rapidly build a large portfolio of operating leases both on NMEF’s balance sheet and in partnership with potential investment partners.”

Prior to NMEF, Lee served as Director of Capital Markets for Delta Financial Group, developing and executing the corporate Capital Markets strategy in a startup environment. Lee also previously served as President of Wheeler Financial from Pitney Bowes, President of the Leasing Division of MailFinance, and in various senior roles at GE Capital. Lee holds a BBA degree in Marketing from Texas Christian University.

About North Mill Equipment Finance

NMEF originates and services small to mid-ticket equipment leases and loans, ranging from $15,000 to $3,000,000, and up to $5,000,000 for investment grade opportunities, and accepts A – C credit qualities and finances transactions for many asset categories including construction, transportation, vocational, medical, manufacturing, technology, franchise, renovation, janitorial and material handling equipment. NMEF is majority owned by an affiliate of InterVest Capital Partners. The company’s headquarters are in Norwalk, CT, with regional offices in Irvine, CA, Murray, UT and Voorhees NJ. For more information, visit www.nmef.com. Taycor Financial operates as an independent division of NMEF, with a focus on developing direct and vendor origination programs. For more information, visit www.taycor.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 from its main office in Las Vegas, NV. For more information, visit www.britecap.com.

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