$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 in Charleston, South Carolina.
PRC Laser is very happy to have North Mill Capital as our new ABL lender. The team at North Mill took the time to understand our business, our cash flow needs and provided us with an excellent product. We look forward to a long relationship with North Mill as we grow our business.
— Walter Wilson, President, PRC Laser Corporation
Daniel F. Tortoriello
EXECUTIVE VP & COO
North Mill Capital provides asset-based loans and factoring facilities from $50,000 to $30 million.