North Mill Capital provided a $5,000,000 asset-based revolving line of credit to Sole Technology. Inc. Based in Lake Forest, California, Sole Technology provides authentic action sports footwear and apparel in more than 70 countries.
The funds will be utilized for working capital and growth of the company.
Sole Technology is owned and operated by a former world champion skateboarder. It is a wholesale business that caters to the skateboarding and snowboarding industries.