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
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
Feb 25, 2019 | Asset Based Financing, Asset Based Lending, Fundings, Working Capital, Working Capital Financing, Working Capital Loans
THE SITUATION When a large staffing company needed funding in less than a week, Summit came through. This company provides translators and other services for the U.S. Government overseas. Their quarterly bonuses were due, but the company’s funding source was...Read more
Oct 27, 2015 | Asset Based Lending, North Mill Capital, Press Release
Princeton, NJ – October 27, 2015 PDF > North Mill Capital is proud to be a sponsor of the Commercial Finance Association’s 71st Annual Convention in Austin, Texas. The event will take place November 11-13, 2015 at the JW Marriot in the heart of downtown...Read more
Jan 27, 2014 | Asset Based Financing, Asset Based Lending, Fundings, North Mill Capital
Princeton, NJ – January 27, 2014 North Mill Starts 2014 Strong With New Lender North Mill Capital, LLC (North Mill) (slrbusinesscredit.com), a leading ABL lender and factor for small businesses, announced it has secured a new, three year, $90 million credit...Read more
