Nov 5, 2020 | In The News, North Mill Capital
The Secured Lender, November 2020, Volume 76, Issue 8 by Eileen Wubbe Jeffrey Goldrich, SFNet’s 2021 president, has been in the asset-based lending and factoring business for over 40 years. He founded North Mill Capital, as its president and CEO, with its management...Read more
Oct 26, 2020 | Accounts Receivable Financing, Inventory Financing, North Mill Capital
BLACKWOOD, NEW JERSEY $20,000,000 Accounts Receivable & Inventory Credit Facility Proceeds were used to repay the prior lender and to provide additional working capital for the company. Reliable Tire Distributors, Inc. is a wholesale tire distribution company...Read more
Oct 5, 2020 | Asset Based Financing, Asset Based Lending, Fundings, North Mill Capital, Working Capital Financing, Working Capital Loans
RUTLAND, VERMONT $4,000,000 Asset-Based Revolving Line of Credit Tropical Aquaculture Products, Inc. is an importer and distributor of fresh, clean seafood headquartered in Rutland, Vermont. The funds were utilized to pay off the current bank credit line and provide...Read more
Sep 15, 2020 | In The News, North Mill Capital
The Secured Lender September 2020 | Volume 76, Issue 6 | pages 94—99 SFNet’s 40 Under 40: Where are they now? BY EILEEN WUBBE Members of the class of 2018 and 2017 share their accomplishments and career updates since receiving the Award, while giving advice to this...Read more
Sep 14, 2020 | Asset Based Financing, Asset Based Lending, North Mill Capital
ROANOKE, VA $18,000,000 Asset-Based Revolving Line of Credit The funds were used to refinance the prior lender and provide additional working capital for the company. Optical Cable Corporation is a leading manufacturer of a broad range of fiber optic and copper data...Read more
Sep 8, 2020 | In The News, North Mill Capital
As published in The Secured Lender Volume 76, Issue 6 PDF SFNet 40 Under 40 Awards – Celebrating the Future of the Industry The Secured Finance Network (formally known as the Commercial Finance Association) 40 Under 40 Awards celebrate the achievements of young...Read more
Aug 28, 2020 | In The News, North Mill Capital
In a Q&A with Commercial Factor, representatives from factoring companies in various regions shared their experience during the first five months of the COVID-19 pandemic and how their companies are fortifying in the face of rising case numbers and more economic...Read more
Aug 25, 2020 | Announcements, Risk Management Association
The following is a letter we received from the President of the Minnesota Chapter of the Risk Management Association, Robin Turner: August 24, 2020 Rich Flamang National Sales Manager North Mill Capital RE: Andy Disch Dear Mr. Flamang: All too often we...Read more
Aug 3, 2020 | Accounts Receivable Financing, Business Financing, Fundings, North Mill Capital
Milwaukee, Wisconsin $900,000 Accounts Receivable Credit Facility The funds will be used to provide additional working capital to support the company’s growth. North Mill Capital worked closely with the Milwaukee Economic Development Corporation to get the deal...Read more
Jul 27, 2020 | Accounts Receivable Financing, Fundings, North Mill Capital
MINNEAPOLIS, MINNESOTA $1,250,000 Accounts Receivable Credit Facility The funds were used to provide additional working capital for growth and expansion. Mighty Spark provides poultry products to grocery retailers all over the country. The company works with...Read more
