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 24, 2020 | In The News, North Mill Capital
Women Leaders Talk About Advancing in the Ranks As published in The Secured Lender By Myra Thomas Women executives are increasingly making their mark in secured finance by heading up divisions at banks or leading more entrepreneurial shops. It’s certainly helped that...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
Apr 17, 2020 | In The News, North Mill Capital
NON-RATING ACTION COMMENTARY FITCH COMPLETES BDC PEER REVIEW; FIVE OUTLOOKS REVISED TO NEGATIVE Fitch Ratings-New York-17 April 2020: Fitch Ratings has completed a review of nine business development companies (BDCs) in light of expectations for heightened credit...Read more
Apr 17, 2020 | In The News, North Mill Capital
RATING ACTION COMMENTARY Fitch Affirms Solar Capital Ratings at ‘BBB-‘; Outlook Stable Fitch Ratings – Chicago – 17 Apr 2020: Fitch Ratings has affirmed Solar Capital Ltd.’s (Solar) Long-Term Issuer Default Rating (IDR), senior secured...Read more
