$3,000,000 REVOLVING LINE OF CREDIT
$500,000 EQUIPMENT TERM LOAN FACILITY
The proceeds were used to pay off the existing lender and provide additional working capital.
Founded in 1980, Seating Concepts, LLC is a manufacturer of furniture and decor for the restaurant and foodservice industry. The company operates out of a 200,000 square foot manufacturing facility located in Rockdale, Illinois.
For further information, please contact:
Daniel F. Tortoriello
EXECUTIVE VP & COO
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]