- 1Steve Siler becomes CTO of NMEF, leading digital strategy and all technology operations.
- 2He was CTO at Stonebriar Commercial Finance and Head of Technology at Eldridge from 2018 to 2024.
- 3NMEF says it will pursue acquisitions of lease and loan portfolios.
North Mill Equipment Finance LLC (NMEF) has appointed Steve Siler as chief technology officer, the company announced September 8, 2025. Siler will lead NMEF's digital strategy and oversee all technology operations at the Norwalk, Connecticut-based independent equipment lender and lessor.
Siler's background
Siler brings nearly 20 years of experience in technology transformation across asset-backed finance, private credit and M&A integration. From 2018 to 2024 he was CTO at Stonebriar Commercial Finance and Head of Technology at Eldridge, where he led technology strategy, automation and systems integration across a diverse portfolio.
His financial services career began at AIG Asset Management, where he built a contract and asset management platform. At William Blair, he broadened data capture and brought in tools like machine learning for the investment banking, wealth advisory and capital markets groups. More recently he advised startups focused on modernizing private credit infrastructure and improving data access.
What NMEF plans
COO Tom Lyle said Siler's entrepreneurial mindset and record of scaling platforms suit NMEF's next phase of growth. Lyle said the company plans to keep strengthening what it offers broker and vendor partners and to look for strategic purchases of lease and loan portfolios.
About NMEF
NMEF works with third-party referral sources to finance small to mid-ticket equipment leases and loans from $15,000 to $3,000,000, and up to $5,000,000 for investment-grade deals. It accepts A to C credit and finances many equipment categories, including medical, construction, franchise and technology. It is majority owned by an affiliate of InterVest Capital Partners, with regional offices in Irvine, CA, Voorhees, NJ and Murray, UT. Its affiliate BriteCap Financial has made working capital loans to small businesses from Las Vegas since 2003. More at nmef.com.
Source reporting: deBanked.
