North Mill Equipment Finance | The Compass
November 30, 2016    |    Issue 19
Post-Election, What's In Store for the Manufacturing Sector?
There are some broad rules of thumb prior to a presidential election in the United States. One of the things you can usually count on is that certain industries are going to be on pause. Manufacturing is an industry that usually wants to wait until a winner has been decided before committing to new projects. After all, usually one candidate will be more laissez-faire and one candidate will usually be more prone to focus on regulation.

Where will President Trump lead the country economically, and how do most experts believe the president's policy plans and history will lead us into the future?

What the 2016 Election Just Taught Us About Marketing
North Mill Equipment Finance

Regardless of which side of the political fence you happen to come down on, it's important to observe what the 2016 election just taught us about marketing. Read More >>

Small business lending from big banks hits all time high in September
Small Business Trends

Loan approval rates at big banks and institutional lenders improved to all-time highs in September 2016. That's according to the latest Biz2Credit Small Business Lending Index. Read More >>

Equipment Finance Enters the Championship Rounds
Equipment Finance Advisor

To get a sense of how the year is shaking out as we head into the final rounds of 2016, Equipment Finance Advisor assembled a panel of four leaders for a roundtable. Read More >>

US wholesale prices creeping higher, PPI shows

U.S. producer prices rose again in September as wholesale inflation keeps creeping higher, albeit from very low levels. The producer price index advanced 0.3 percent last month. Read More >>

US factory production rebounded in September
The Associated Press via Fox News

U.S. manufacturers boosted output modestly last month, led by greater production of construction supplies, autos and petroleum products. Factory production rose 0.2 percent in September, following a decline of 0.5 percent in the previous month. Read More >>

78 Percent of Business Used Financing to Acquire Equipment in 2015
Monitor Daily

According to a study, 78 percent of businesses used at least one form of financing when acquiring equipment. The reading is up from 72 percent of respondents from the previous foundation market study released in 2012. Read More >>

10 Technical And Tactical Tips To Improve Your Business Today
Small Business Trends

There are many ways to improve your business, both technical and tactical, from changing your tools to changing your outlook and approach. Here the small business community shares changes in tools and techniques both large and small that will make a big difference in how your company performs. Read More >>

North Mill Equipment Finance announced that Mark Bonanno has joined the company as its Chief Financial Officer.

Mark is a Certified Public Accountant who comes to North Mill from his most recent role as Chief Financial Officer at Advantage Funding, a commercial equipment finance company based in Lake Success, New York.

Previously, Mark spent 16 years at General Electric in various financial management roles, including Finance Manager of the Corporate Initiatives Group, CFO of Xerox Capital Services and Operational Controller of GE Energy Financial Services. He began his accounting career as an auditor at David Berdon and Company and subsequently spent five years as an Audit Manager with Price Waterhouse.

Mark was educated at the University of Massachusetts, from which he holds a BBA in accounting and is a Certified Black Belt, Six Sigma. He is also a graduate of the GE Management Development Course.

According to the Equipment Leasing and Finance Association's (ELFA) Monthly Leasing and Finance Index (MLFI-25), overall new business volume for August was $7.7 billion, up 12 percent year-over-year from August 2015. 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 Don Cosenza at or call 203-354-6018.

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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