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North Mill Capital Provides $3.5MM Revolving Credit Line to Stern Companies

February 01, 2017, 07:00 AM
Filed Under: Manufacturing

North Mill Capital announced the funding of a $3.5 million accounts receivable and inventory revolving line of credit for Stern Companies, Inc. in Baxter, Minnesota. 

The company specializes in custom plastic and rubber molding assemblies.  The credit facility was used to refinance its commercial finance lender and to provide excess working capital.

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