New Leadership: Steve Siler Takes Chief Technology Reins at NMEF
Discover how Steve Siler aims to revolutionize technology at North Mill Equipment Finance as he steps in as CTO.
In a strategic move, North Mill Equipment Finance LLC (NMEF), announced the appointment of Steve Siler as the Chief Technology Officer. This bold new chapter promises transformative change and innovation for the company, spearheaded by Siler’s nearly 20 years of experience in technology advancement.
A Proven Track Record
Steve Siler is no stranger to the technological world of finance. Previously, as the CTO of Stonebriar Commercial Finance and the Head of Technology at Eldridge, Siler distinguished himself by executing enterprise-level strategies and integrating cutting-edge technologies across diverse portfolios. His journey began with AIG Asset Management, where he crafted a pioneering contract and asset management platform.
Revolutionizing NMEF’s Digital Strategies
At NMEF, Steve is entrusted with leading the charge on digital transformation. His primary goal will be enhancing the company’s technological infrastructure, aiming to create streamlined operations through automation. This encompasses leading innovations that will redefine how the company engages with broker and vendor partners, and the facilitation of strategic acquisitions within lease and loan portfolios.
“It’s an exciting time at NMEF,” stated Tom Lyle, Chief Operating Officer at NMEF. “Steve’s unparalleled vision and experience in scaling platforms come as the perfect blend to guide us into our future growth. His role is crucial in ensuring NMEF remains at the forefront of technological advancements in finance.”
Envisioning the Future
Siler’s role is not simply an internal shift but a message to the industry that NMEF is about to take substantial leaps in its technological journey. The company’s commitment to enriching its technology operations showcases its dedication to meeting emerging demands in the finance sector.
About North Mill Equipment Finance
Headquartered in Norwalk, Connecticut, NMEF stands as a leading independent commercial equipment lender and lessor. Since its inception, the company has been pivotal in financing a wide range of equipment categories, from medical to material handling, ensuring clients navigate their equipment needs seamlessly. With their strategic technology revamp in progress, NMEF, majority-owned by InterVest Capital Partners, continues to emphasize innovation as its core ethos.
As stated in deBanked, this development at NMEF signals a remarkable trajectory in reimagining finance operations for a digital future.
Embrace Technology, Define Future
The appointment of Steve Siler as CTO of NMEF reflects a broader trend within the finance industry. Companies are increasingly acknowledging the vital role of technology in propelling their operations. With experts like Siler leading the way, the future looks promising, marked by increased efficiency and revolutionary digital integrations.
For more detailed insights into this transition and NMEF’s innovative strategies, visit their official website.
