North Mill Equipment Finance | The Compass
December 2018    |    Issue 25
As 2018 winds down, we thought it would be a nice treat for our broker partners to get a chance to "meet" the folks with whom they interact on a regular basis — the professionals who comprise the North Mill Account Management team. Read More >>

North Mill's App Plus Program — Financing up to $250K

North Mill may be classified as a "small ticket" lender, but we do offer financing up to a quarter of a million dollars with our App-PlusTM program. Read More >>

We just got a new sign that the pain from Trump's trade war is getting worse
Business Insider

The US-China trade war may be showing signs of easing up on the political front, but more US businesses than ever say they are feeling the pain from it. Read More >>

Equipment Leasing and Finance Industry Confidence Eases Again in December

The Equipment Leasing & Finance Foundation (the Foundation) releases the December 2018 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. Designed to collect leadership data, the index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $1 trillion equipment finance sector. Read More >>

Equipment group: 2019 capital outlay bump stands to best GDP rate
Concrete Products

Investment in equipment and software is projected to expand 4.1 percent in the new year, during which gross domestic product is projected to increase 2.3 percent over 2018. The 2019 Equipment Leasing & Finance U.S. Economic Outlook notes that such investment increased at a robust rate in the first half of 2018, driven by more preferable tax treatment and a general upswing in the U.S. economy. However, growth slowed in the third quarter and recent federal government figures suggest a continuation of the trend, providing a weak jumping off point for 2019. Read More >>

ELFA Launches "MySEFA" Personalized Data Tool
Monitor Daily

The Equipment Leasing and Finance Association released an innovative new data visualization tool for equipment finance companies called MySEFA. This interactive tool lets companies that participate in the association’s Survey of Equipment Finance Activity (SEFA) track their own operational and performance statistics and quickly and easily compare them against their peers in the $1 trillion equipment finance industry. Read More >>

Equipment Finance Advantage

Many businesses give additional consideration to equipment financing as the end of the year approaches in order to take advantage of special incentives lenders and captive vendors may offer. While such deals are often available, it's important to keep financing in mind for acquiring the equipment your business needs regardless of the time of year. Read More >>

For more information on articles in The Compass, or if you're interested in learning how to become a North Mill Referral Source, please email Catherine Cuthbertson at or call 1-800-223-6630.

This newsletter includes links to other websites and the content within. The articles that link outside this newsletter have not been generated by, nor are they endorsed by, North Mill Equipment Finance LLC. The aggregated content is simply intended to provide direct access to information that a Referral Source may find useful.

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