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North Mill Capital Funds $6MM Facility to Medical Instruments Manufacturer

July 01, 2014, 07:01 AM
Filed Under: Manufacturing

North Mill Capital announced the funding of a $5 million accounts receivable and inventory credit facility and a $1 million term loan to a designer and manufacturer of medical instruments located in New Jersey. Funds were used to pay out current lender and provide additional working capital.

North Mill Capital LLC is an asset-based lender and factor offering loans from $50,000 to $10 million.

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