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North Mill Capital Inks $1.5MM Credit Facility for PRC Laser

May 05, 2020, 08:50 AM
Filed Under: Distribution

North Mill Capital provided $1.5 million to PRC Laser Corporation, which 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,” said Walter Wilson, President, PRC Laser Corporation

North Mill Capital provides asset based loans and factoring facilities from $50,000 to $30 million to businesses in the United States. NMC is headquartered in New Jersey with regional offices in Minnesota and Utah and with sales offices throughout the country. North Mill Capital LLC is a portfolio company of Solar Senior Capital Ltd.

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