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 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
Apr 20, 2020 | Asset Based Financing, Fundings, North Mill Capital, Revolving Line of Credit
LANDSVILLE, PA $1,250,000 Asset-Based Revolving Line of Credit The funds were utilized to provide additional working capital for the company. Yurchak Printing, Inc. is based in Landisville, Pennsylvania and offers high quality, short-run digital book manufacturing...Read more
Mar 16, 2020 | Business Financing, Fundings, Revolving Line of Credit, Total Credit Facility
FONTANA, CA $19,000,000 Total Credit Facility The total credit facility was comprised of a $15,000,000 revolving line of credit and a $4,000,000 equipment term loan. The proceeds were used to pay off the existing senior revolving and term loan lenders and provide...Read more
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
