Mar 9, 2020 | Asset Based Financing, Asset Based Lending, Business Financing, Case Studies, Fundings, Working Capital
NORWALK, CT $5,000,000 Asset-Based Revolving Line of Credit 203 Trading LLC is a distributor of refurbished computers and electronics headquartered in Norwalk, Connecticut. The funds will be used to repay the previous lender and provide additional working capital to...Read more
Mar 2, 2020 | Asset Based Financing, Asset Based Lending, Working Capital, Working Capital Financing
GEORGETOWN, SC $8,000,000 Asset-Based Credit Facility The funds were used to pay off the previous lender and provide additional working capital for the company. Coastal Wire Company was founded in 1978 and manufactures fully annealed, high-strength baling, tying and...Read more
Feb 24, 2020 | Asset Based Financing, Asset Based Lending, Fundings, North Mill Capital
WEST HAVEN, CT $750,000 Asset-Based Credit Facility The funds will be used to support the working capital needs of the business. Sylvan R. Shemitz Designs, Inc., doing business as The Lighting Quotient, designs, engineers and manufactures advanced luminaires for...Read more
Feb 17, 2020 | Revolving Line of Credit, Term Loans, Working Capital Financing
ROCKDALE, IL $3,000,000 REVOLVING LINE OF CREDIT $500,000 EQUIPMENT TERM LOAN FACILITY The proceeds were used to pay off the existing lender and provide additional working capital. Founded in 1980, Seating Concepts, LLC is a manufacturer of furniture and decor for the...Read more
Feb 10, 2020 | Fundings, North Mill Capital
CEDAR RAPIDS, IOWA $1,000,000 ACCOUNTS RECEIVABLE FACILITY North Mill provided additional working capital for the company in conjunction with the current lender. Master Packing & Rubber Company is a manufacturer and global supplier of sealing products serving the...Read more