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
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
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
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
