Jun 22, 2020 | Accounts Receivable Financing, Fundings, North Mill Capital, Working Capital
IOWA $2,000,000 Accounts Receivable Credit Facility $2,000,000 accounts receivable credit facility to an Iowa based consulting firm providing IT staffing and services to businesses throughout the country. The funds were used to pay off the Business Manager A/R line at...Read more
Jun 22, 2020 | Accounts Receivable Financing, Fundings, North Mill Capital, Working Capital
WISCONSIN $2,000,000 Accounts Receivable Credit Facility $2,000,000 accounts receivable credit facility to an LTL transportation company specializing in the transport and storage of products for industrial manufacturers throughout the Midwest. The business is...Read more
Jun 15, 2020 | Accounts Receivable Financing, Fundings, North Mill Capital
HARTLAND, WISCONSIN $750,000 Accounts Receivable Facility The funds were used to pay off the previous lender and provide additional working capital for the company. Founded in 1986, GearTek, Inc. specializes in engineered products for equipment rotation. The company...Read more
Jun 8, 2020 | Accounts Receivable Financing, Fundings, North Mill Capital, Working Capital
PENNSYLVANIA $500,000 Accounts Receivable Credit Facility $500,000 accounts receivable credit facility to a trucking company in Pennsylvania. The company does both short and long haul trucking and has been in business for over 30 years. The funds were used to pay off...Read more
Jun 8, 2020 | Fundings, North Mill Capital, Revolving Line of Credit, Working Capital
WISCONSIN $1,750,000 Revolving Line of Credit $1,750,000 asset-based revolving line of credit to a wholesaler and distributor of pure maple syrup in Wisconsin. Together with CRF USA’s SBA loan, the company was able to repay the bank’s revolving facility...Read more
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