Jun 8, 2020 | Accounts Receivable Financing, Fundings, North Mill Capital, Working Capital
ILLINOIS $500,000 Accounts Receivable Credit Facility $500,000 accounts receivable credit facility to an Illinois manufacturer of springs and metal stamping for the automotive industry. The company was a previous client that left a few years back to self-finance. The...Read more
Jun 1, 2020 | Accounts Receivable Financing, Fundings, North Mill Capital
MILWAUKEE, WISCONSIN $1,250,000 Accounts Receivable Facility The funds were used to pay off the previous lender and provide additional working capital for the company. Performance Freight Systems, Inc. is a family-owned and operated freight carrier headquartered in...Read more
May 11, 2020 | In The News, North Mill Capital
PPE Funding Roundtable As published in The Secured Lender By Eileen Wubbe Four executives from SFNet member companies discuss their experience in adapting to the surge of funding requests for personal protection equipment (PPE). TSL Express sat down with Jeff...Read more
May 4, 2020 | Asset Based Financing, Asset Based Lending, Fundings, North Mill Capital, Working Capital
CHARLESTON, SC $1,500,000 Asset-Based Credit Facility The funds were used to repay the previous lender and provide additional working capital to support growth. PRC Laser Corporation distributes and services lasers used for industrial applications and is headquartered...Read more
Apr 27, 2020 | Accounts Receivable Financing, Fundings, Invoice Factoring, North Mill Capital
CALIFORNIA $15,000,000 Accounts Receivable Factoring Facility The funds were used to pay off the previous lender and provide additional working capital to support the Company’s growth. NMC also entered into an inter-creditor agreement with a purchase order...Read more
