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North Mill Capital Funds Aspen Research Corporation

April 24, 2019, 09:15 AM
Filed Under: Manufacturing

North Mill Capital announced the funding of a $1 million accounts receivable facility to Aspen Research Corporation.

The funds were utilized to pay off the current lender and provide additional working capital to support company growth.

Aspen Research Corporation is headquartered in Maple Grove, MN, and provides contract analytical testing and custom plastic compound toll manufacturing.

North Mill Capital provides asset based loans and factoring facilities from $50,000 to $30 million to businesses in the United States. It is headquartered in Princeton, NJ, and Minneapolis, MN.

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