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North Mill Provides $1MM A/R Facility to Corchran

May 18, 2018, 07:00 AM
Filed Under: Manufacturing

North Mill Capital closed a $1,000,000 Accounts Receivable Facility for Corchran, Inc., a custom metal fabrication service provider located in Minnesota.

The company provides full service capabilities including laser cutting, punching, shearing, press forming, robotic welding, machining, painting, and equipment assembly.

The funds were used to pay down the existing lender and provide ongoing working capital for the company.

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