$1,500,000 REVOLVING LINE OF CREDIT
$450,000 EQUIPMENT TERM LOAN
The funds were used to pay down the bank and provide ongoing working capital for expansion of the company.
D.A. Distribution, Inc. is a manufacturer and installer of decorative stones used for interior and exterior walls and fireplaces. The family-owned and operated business has been serving the industry for over 40 years and is headquartered in Minnesota.
For further information, please contact:
Daniel F. Tortoriello
North Mill Capital provides asset-based loans and factoring facilities from $50,000 to $30 million.
North Mill Capital LLC is a portfolio company of Solar Senior Capital Ltd. [NASDAQ: SUNS]