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
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 11, 2020 | In The News, North Mill Capital
PPE Funding Roundtable As published in The Secured Lender By Eileen Wubbe Four executives from SFNet member companies discuss their experience in adapting to the surge of funding requests for personal protection equipment (PPE). TSL Express sat down with Jeff...Read more
