Sep 23, 2019 | Fundings, North Mill Capital
AUBURN HILLS, MICHIGAN $15,000,000 TOTAL CREDIT FACILITY The funds were utilized to pay off the bank and provided the additional working capital the company was looking for to support their plans for growth. SPAR Group, Inc. provides merchandising and other marketing...Read more
Sep 16, 2019 | Asset Based Financing, Asset Based Lending, Fundings, North Mill Capital
HUNTINGTON BEACH, CALIFORNIA $7,000,000 ASSET BASED REVOLVING LINE OF CREDIT AND $1,575,000 EQUIPMENT TERM LOAN FACILITY The proceeds were used for acquisition financing and working capital. Aerospace Manufacturing Group, Inc. has been a value-added supplier of...Read more
Aug 16, 2019 | Announcements
August 12, 2019 Source: North Mill Capital North Mill Capital (“North Mill”), a wholly-owned subsidiary of Solar Senior Capital (NASDAQ: SUNS), is pleased to announce the acquisition of Summit Financial Resources (“Summit”), a leading provider of factoring...Read more
Mar 8, 2019 | In The News, North Mill Capital
As published in The Secured Lender Volume 75, Issue 2, Pages 8 – 85, Women in Commercial Finance Profiles, Featuring our own Jennifer Borg! PDF > Welcome to The Secured Lender’s fourth Women in Commercial Finance (WICF) issue. On the following pages you will...Read more
Feb 25, 2019 | Fundings, Working Capital, Working Capital Financing, Working Capital Loans
THE SITUATION In business for 50 years, this 2nd-generation family-owned job shop has specific expertise building specialized metal housings for electrical systems. Their recent rapid growth resulted in an increased need for working capital, which could not be...Read more
