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North Mill Capital Provides $1.5MM Credit Facility to PRC Laser

May 04, 2020, 09:15 AM

North Mill Capital provided a $1.5 million Credit Facility to PRC Laser  Corporation which distributes and services lasers used for industrial applications and is headquartered in Charlest, South Carolina.

The funds were used to repay the previous lender and provide additional working capital to support growth. 

"PRC Laser is very happy to have North Mill Capital as our new ABL lender. The team at North Mill took the time to understand our business, our cash flow needs and provided us with an excellent product. We look forward to a long relationship with North Mill as we grow our business,” saidd Walter Wilson, President, PRC Laser.

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