Colford Capital

Colford_Capital_Partners_Q1_2012_vF.jpgColford Capital is a specialty finance holding company for two asset-based / asset-backed lending platforms: North Mill Capital ("NMC"), an asset-based working capital lender and receivables factoring provider to lower middle-market businesses and North Mill Equipment Finance ("NMEF"), a small-ticket equipment lessor to small businesses.

NMC, based in Princeton, NJ, provides asset-backed loans ("ABLs") to small- and middle-market companies with risk ratings outside the sweet spot of traditional banks and other independent lenders.  NMC was founded in 2009 by three former management team members of Business Alliance Capital Corp, a highly successful ABL company that was sold to Sovereign Bank in July 2005.  

NMEF, based in Norwalk, CT, is a leading equipment lease finance platform engaged in originating small-ticket leases and loans (typically ranging from $25,000 to $150,000) primarily to the transportation industry.  NMEF has nationwide origination capability for new leases via third-party referral sources, equipment dealers, and finance company exclusivity arrangements.

 Date of Investment: October 2010
 MCP Contact:
Travis Metz