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North Mill Equipment Finance Promotes Three Executives

Wednesday, April 22, 2015   (0 Comments)
Posted by: North Mill Equipment Finance, LLC
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Norwalk, CT, April 15, 2015 – For immediate release:

 

North Mill Equipment Finance Promotes Three Executives

 

North Mill Equipment Finance, today announced the promotion of three of its senior executives.

Josh Rothman has been promoted to Executive Vice President and Chief Information Officer.  He is responsible for spearheading North Mill’s data analytics solutions necessary to manage a rapidly growing company and for leading the company’s Second-Look Referral Programs.  Josh is also a major contributor to the company’s capital markets efforts and development of technology infrastructure.

Bob Dion has been promoted to Senior Vice President of Credit.  Bob’s responsibilities as head of credit will have the added emphasis of assisting with the implementation of the company’s new front-end and credit adjudication model.  As a member of the Credit Committee, he also leads the effort in monitoring and evaluating market and industry trends affecting North Mill.

Joe Littier, an industry veteran with 40 years of experience, has been promoted to Senior Vice President of Portfolio Management, responsible for managing collections and customer service, both key component of the company’s operations.  Joe is also tasked with making innovative changes to improve efficiency and handle North Mill’s aggressive growth plans.

Gary Silverhardt, President and CEO of North Mill stated, “Josh, Bob and Joe are long-time employees who have distinguished themselves, not only with their superior knowledge of the equipment finance industry, but in their tireless efforts in helping to make North Mill one of the premier independent equipment finance sources in the country.”

About North Mill Equipment Finance

North Mill EF has over 55 years of experience originating and servicing equipment leases and loans.  For more information, visit www.northmillef.com.

North Mill Equipment Finance is a subsidiary of Colford Capital Holdings LLC, a New York City based holding company that is building a diversified and industry-leading specialty finance and asset management business through acquisitions, strategic partnerships and new business development.  In addition to North Mill Equipment Finance, Colford owns North Mill Capital, a national asset based lending and receivables factoring company based in Princeton, NJ.  Colford is majority owned by Monitor Clipper Partners, a private equity firm that targets growth-oriented businesses with strong management teams and currently manages over $2 billion in capital.  For more information, visit www.colfordcapital.com.

For further information, contact:

Gary Silverhardt, President and CEO

North Mill Equipment Finance LLC

Phone: (203) 354-6006

Email: gsilverhardt@northmillef.com

Don Cosenza, Senior Vice President

North Mill Equipment Finance LLC

Phone: (203) 354-6018

Email: dcosenza@northmillef.com