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North Mill Capital Provides $4.75MM Financing to Composite Flooring Manufacturer

January 25, 2017, 07:12 AM
Filed Under: Manufacturing

North Mill Capital provided a $4,750,000 total credit facility comprised of a  $3,500,000 revolving line of credit and a $1,250,000 term loan & capital expenditure facility to a new client located in Wisconsin. The client is a manufacturer of composite flooring for the public transit industry.

The credit facility was used to refinance its bank facility and provide excess working capital.

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